Sample content Implementation, Strategic Controls, and Contingency Plans STR 581 Implementation, Strategic Controls, and Contingency Plans To make JCPenney’s strategy successful all the important factors must be considered. The implementation plan has to be reviewed by top management to ensure that JCPenney will be walking on the roads of success. The new strategy will have effects on organization, improve its success rate, and modify financial expectations. JCPenney would have to identify the risk factors related to the strategy. It will guide the organization in making sound decisions. Implementation Plan JCPenney tried to create a newer version of the company through its strategic plan inclined to obtain a competitive edge. Hence, this implementation plan will focus on objectives, functional tactics, action items deadlines, task ownership and resource allocation. Objectives JCPenney’s goal is to become the leading store in the retail industry. This objective is slowl