Strategic Managemnt

Chp 9
Strategy slaying
Strategy implementation is the sum tot up of the activities and choices required for the execu-tion of a strategical plan. It is the process by which objectives, strategies, and policies argon put into action through the development of programs, budgets, and procedures. Although imple-mentation is usually considered by and by outline has been formulated, implementation is a key part of strategic management. Strategy formulation and strategy implementation should thus be considered as two sides of the same coin.
To begin the implementation process, strategy makers must consider these questions:
?Who argon the people who entrust lead out the strategic plan?
?What must be make to align the companys operations in the spic-and-span intended direction?
?How is everyone going to work together to do what is needed?
the following 10 problems when they attempted to implement a strategic change. These problems are listed in articulate of frequency:
1. Implementation took more time than originally planned.
2. Unanticipated major problems arose.
3. Activities were ineffectively coordinated.
4. Competing activities and crises took attention away from implementation.
5. The involved employees had insufficient capabilities to perform their jobs.
6. Lower-level employees were inadequately trained.




7. Uncontrollable external environmental factors created problems.
8. Departmental managers provided inadequate lead and direction.
9. Key implementation tasks and activities were poorly defined.
10. The information system inadequately monitored activities

Who Implements Strategy
Depending on how a corporation is organized, those who implement strategy will probably be a much more divers(prenominal) set of people than those who formulate it. In most large, multi-industry corporations, the implementers are everyone in the organization. Vice presidents of functional areas and directors of divisions or strategic championship units (SBUs) work with their subordinates to...If you want to get a full essay, order it on our website: Ordercustompaper.com



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