To successfully implement the new strategy, Tshabalala needs to follow a series of steps:
1. Clear Communication: Tshabalala needs to ensure clear and concise communication of the new strategy to all team members. This includes breaking down the strategy into understandable parts, explaining the need for change, the benefits of the new strategy, and how it aligns with the overall company goals.
2. Role Understanding: Verifying each team member understands their role and responsibility within the new strategy is crucial. This can be done through one-on-one discussions or team meetings. The team members should fully comprehend what is expected of them to successfully execute their part of the strategy.
3. Tracking Systems: Implement a system that would track progress and measure the effectiveness of the strategy. This can involve key performance indicators (KPIs) or other measurements that align with the strategy's objectives. This will help to understand if the strategy is working towards achieving the set financial targets and if not, what needs to be adjusted.
4. Regular Review and Adjustment: Strategy implementation is not a set-it-and-forget-it procedure. Regular reviews and audits should be scheduled to monitor progress. If aspects of the strategy are not working as expected, then adjustments should be made in a timely manner.
5. Ongoing Training and Motivation: To maintain high quality performance and motivation among team members, ongoing training and development should be provided. This could include workshops, seminars, mentoring, or online courses. Regular feedback and recognition for good work can also boost motivation levels.
By following these steps, Tshabalala can lead the team to successfully implement the new strategy and reach the set financial targets.