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This is not a case study, there is no case study to this. Please answering the f

ID: 336169 • Letter: T

Question

This is not a case study, there is no case study to this. Please answering the following questions for the firm Pfizer....

1. From your knowledge of the firm, identify a major strategic change the firm should seriously consider. Briefly describe what the goal of the initiative is for the organization.

2. Work your way through the six stages in Exhibit 11.13, answering as many of the questions as you can for the proposed strategic change. As you develop the project plans with specifies for each of the stages, the plan should provide flexibility, allowing for unexpected contingencies to emerge.

can help eaders and organizal implement a particular plan These quest consider, Briefly describe what the goal o initiative is for the organization le to find a prior successful strategic change the ndertook and use this implementation as a guide k for the strategie change. You may Work your way through the six stages As you develop the project plnwe gic flexibility, allowing for unexpected comfovide 2. be able to 11.13, answering as Exhibis you can for the proposed strategic ch for each of the stages, the plan should r for your suggested change what you have learned about your firm in the previ ous modules. In some cases, you will need to make edacated guesses for the answer since you are looking at the impiementation from outside the organization. However, over the 10 modules you have completed As you progress through the six stages, reflect on to emerge EXHIBIT 11.13 mplementation Framework Key Questions to Ask in This Stage Inplenestaties Stage Stage 1 When must the strategylstrategie initiative be implemented? (H (How flexible in that date) .Who is going to do it? What human skills are needed? Do affected employees understand their roles? Pple ili,and egenizational sre Will the organization need to hire or lay off people? IH so, how about it? . He" should the firm be organized? What structure should be impleem Why and how? susl culture What culture in the organization is required for the implementation ta Stage 2 successfult? If the current culture differs from the culture needed for the success o th strategy implementation, how should the firm . Is a reward structure in place to accomplish the task? . If not, what type of reward structure needs to be introduced to ensure go about changing its culture? Stage 3 Reward systen successful strategy implementation? What resources (financial and otherwise) are needed? Are they in place? . If not, how can the firm obtain the required resources? . How is the implementation to be supported? What policies, procedures, and IT support are needed? Does the firm need external help leg. consulting services!? lf so, what kind Stage 4 Resource requirements Stage 5 Supporting activities of services would the firm need, and why? What types of strategic leaders are required to make the change happen? Does the firm have them in-house? Should the firm hire some strategic leaders from outside? How should the firm train its managers to create a pipeline of strategie leadens Stage 6 Strategic leadership

Explanation / Answer

1. The major strategic change the firm should seriously consider are as follows:

The goal of the initiative is for the organization is It is the fundamental belief that the mission to improve health of the individual or the people around the word and create value for the diverse stakeholders.

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