Successful Strategy Implementation
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Successful Strategy Implementation
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Author : Monika Sadowska
language : en
Publisher: GRIN Verlag
Release Date : 2014-04-23
Successful Strategy Implementation written by Monika Sadowska and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-23 with Business & Economics categories.
Seminar paper from the year 2012 in the subject Business economics - Business Management, Corporate Governance, grade: 2,7, Munich University of Applied Sciences, language: English, abstract: Mostly, companies are facing the question: Are we doing the right things? But rarely: Are we doing the things right? (cf. Kreikebaum et al. 2011, p. 161) So, what is the difference between these two questions? The first one is about the companies’ strategy, the second about the implementation of it. As simple as it sounds – it is not! A great strategy or breakthrough technology is only then a competitive advantage, if it is implemented and executed firmly. Unfortunately, most companies fail at this attempt (cf. Neilson et al. 2008, p. 143). A variety of studies has shown that there is a great gap between strategy development and strategy implementation. A study from Corboy & O’Corrbui claim that nearly 70% (cf. Corboy & O’Corrbui 1999, p. 29) of strategic plans are not implemented successfully; different ones say the numbers of failure are even much higher and revolve around 90% (cf. DeLisi 2001, p. 2; Riekhof & Offermann 2006, p. 31). Many managerial books are focusing on the strategy development, the question how to find the right strategy, but not that many face the question how to implement the ideas into practice. As the strategy development processes work well and a vast number of well-tested tools for analysis and development of strategies as well as high-quality management books concentrating on strategy derivation processes exist, the gap is on the side of the strategy implementation. In the meantime, all over the world corporations are losing billions and simultaneously jeopardizing their future while failing in strategy execution and implementation. In practice, there is still a lack of coordination of strategy implementation processes. On the one hand there is no consistency of strategy programs especially when it comes to realisation of strategies and on the other hand there are too many or impropriate tools in use. While hundreds of different strategy tools and methods are today available, also in computerized form and included into specific processes, there is still a lack of information how to use them efficiently and how to implement them into the strategic roadmap. This paper is closing the gap between strategy and practice, facing the issues of strategy implementation and presenting a checklist for successful strategy implementation
Strategy Implementation Problem
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Author : Dr. Darmin A. Pella
language : en
Publisher: Infini
Release Date :
Strategy Implementation Problem written by Dr. Darmin A. Pella and has been published by Infini this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
“The strategic planning is good, but the implementation of the strategy is problematic," that's the phrase we often hear. Strategic planning can be good because we have abundant literature clarifies strategic planning in our scientific treasures. On the other hand, strategy implementation is problematic because the literature that clarifies the problem of implementing each strategy is scarce. The book that discusses the problem of implementing strategy, especially in the context of discussion based on research, does not even exist yet. To fill this tremendous gap is one of this book’s objective. After carefull examination, I can share that there are at least three entry points if one wants to further understand strategy implementation. The first entry point is understanding number of factors that support the implementation of a strategy where these factors must be studied, mastered and possessed for the strategy to be successful. The second entry point is understanding that there is a framework or model that must be followed if we want to be successful in implementing strategy. The framework or model must be studied, mastered and followed so that the strategies that have been made are correctly implemented and the results are successful. The third entry point is to realize that there are a number of problems that are obstacles to the implementation of the strategy. These inhibiting problems must be studied, understood and overcome so that the strategy does not fail to implement and be successful. Each entry point above requires understanding because it has its own complexity. This book you are reading has a third point of entry. This book helps you learn and understand the factors that hinder the implementation of the strategy so that your strategy does not fail or reverse its achievement. This book helps you avoid failing to implement strategies that are very, very easy to find in any organization. Read this book to help you have systematics when deciphering what problems cause poor implementation of a strategy.
Leadership As A Framework For Successful Strategy Implementation
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Author : Holger F. Bodenmüller
language : en
Publisher: Anchor Academic Publishing (aap_verlag)
Release Date : 2014-06-27
Leadership As A Framework For Successful Strategy Implementation written by Holger F. Bodenmüller and has been published by Anchor Academic Publishing (aap_verlag) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-27 with Business & Economics categories.
Dieses Buch gibt Ihnen eine Antwort auf die Frage: Was ist Organisationales Lernen? Was verhindert und was fördert Organisationales Lernen? Sie werden eingeladen das Phänomen des Organisationalen Lernens aus verschiedenen Blickwinkeln zu betrachten. Aus der eines Experten für Unternehmenskultur, aus der eines Mikropolitikers, aus der eines Wissensmanagers und aus der eines Kybernetikers. Wir beginnen mit der Perspektive eines Informations- und Wahrnehmungsexperten und der eines Forschers, der daran glaubt, dass die Anpassungsfähigkeit eines Unternehmens das Fundament für die Zukunftsfähigkeit jeder Organisation ist. Sie finden die Namen großer Praktiker und Theoretiker, die mit ihrer Art das Phänomen „Organisation“ zu beschreiben nachhaltig zu einem Verständnis dazu beigetragen haben, was in Organisationen täglich Sinnvolles oder sinnlos Erscheinendes passiert. Im Rahmen einer empirischen Studie wurden Dimensionen des Organisationalen Lernens mit dem betriebsinternen Innovationsmanagement abgeglichen. Das untersuchte Unternehmen hatte sich fest vorgenommen durch die Einführung neuer Prozesse und Tools, die „Time to Market“ zu halbieren. Tatsächlich ist aber genau das Gegenteil eingetreten. Der Begriff des Organisationalen Lernens scheint aus der Mode gekommen zu sein. Auf der anderen Seite gibt es kaum einen holistischeren Ansatz, der dabei helfen kann, die Realität in Organisationen zu verstehen und im Sinne des Unternehmenserfolgs zu gestalten.
Strategy Implementation
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Author : Kurt Verweire
language : en
Publisher: Routledge
Release Date : 2014-04-24
Strategy Implementation written by Kurt Verweire and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-24 with Business & Economics categories.
Strategy implementation - or strategy execution - is a hot topic today. Managers spend significant resources on consulting and training, in the hope of creating brilliant strategies, but all too often brilliant strategies do not translate into brilliant performance. This book presents new conceptual models and tools that can be used to implement different strategies. The author analyses how market leaders have benefitted from successful strategy implementation and provides the reader with a comprehensive and systematic framework to tackle strategy implementation challenges. Have clear strategic choices been made? Are actions aligned with the strategy? What’s the organizational context for the strategy? In answering these simple questions, the book provides students of strategic management, along with managers involved in designing and implementing strategies, with a valuable resource.
Leadership As A Framework For Successful Strategy Implementation
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Author : Holger Bodenmüller
language : en
Publisher:
Release Date : 2014
Leadership As A Framework For Successful Strategy Implementation written by Holger Bodenmüller and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Implementing And Sustaining Your Strategic Plan
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Author : John M. Bryson
language : en
Publisher: John Wiley & Sons
Release Date : 2011-06-28
Implementing And Sustaining Your Strategic Plan written by John M. Bryson and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-06-28 with Business & Economics categories.
Based on John Bryson's acclaimed comprehensive approach to strategic planning, the Implementing and Sustaining Your Strategic Plan workbook provides a step-by-step process, tools, techniques, and worksheets to help successfully implement, manage, and troubleshoot an organization's strategy over the long haul. This new and immensely practical workbook helps organizations work through the typical challenges of leading implementation for sustained change. It spotlights the importance of effective leadership for long-term successful strategic plan implementation. The authors include a wealth of tools designed to help with goal and objective setting, budgeting, stakeholder analysis, prior- ity reconciliation, strategies in practice, special leadership roles, cultural changes, and more. The workbook's conceptual framework, step-by-step process, and worksheets can be applied in a variety of ways. It can be used as a whole, or selected parts can be used by board members, boards of directors, senior management teams, implementation teams, and task forces on a regular basis throughout the process of sustained implementation. The workbook's individual worksheets, or combinations of worksheets, can be used as needed to address a variety of implementation-related tasks.
The Strategy Implementation Gap
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Author : James Bawtree
language : en
Publisher:
Release Date : 2020-06-26
The Strategy Implementation Gap written by James Bawtree and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-26 with Business & Economics categories.
The Strategy Implementation Gap is a guide for executives on how to have a sustainable approach to the right people doing the right things in the right way to achieve the right results."James and Michael have captured the essentials for bridging the strategy implementation gap. This book reflects their decades of helping project leaders and teams win. If you read one book on project management this year, this should be it." Greg Crowther - Founder, Write For Impact
Strategy Implementation
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Author : Vincent Machuki
language : en
Publisher: LAP Lambert Academic Publishing
Release Date : 2011-02
Strategy Implementation written by Vincent Machuki and has been published by LAP Lambert Academic Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-02 with categories.
Good strategies only guarantee success if they are translated into action that yields acceptable results. The subject of strategy implementation has received much attention both in research and practice. Further, the treatment of strategy implementation as an administrative process makes it subject to the manifestations of an organization s internal environment. Consequently, the context in which strategy implementation takes place determines the nature of the challenges faced as well as influences the outcome of strategy. This book is based on a research conducted in Cooper Motors Corporation Limited (CMC Motors), a franchisee of several motor vehicle makes and models which is based in Kenya. The company is designed in such a way that each franchise operates semi-autonomously but also responsible to the corporate headquarter. This book provides an in-depth account of the practices and challenges to strategy implementation within a multidivisional organizational context. It also provides some recommendations for policy and practice to enhance effective and successful strategy execution within multidivisional company contexts.
Formulation Implementation And Control Of Competitive Strategy
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Author : John A. Pearce
language : en
Publisher: McGraw-Hill/Irwin
Release Date : 1994
Formulation Implementation And Control Of Competitive Strategy written by John A. Pearce and has been published by McGraw-Hill/Irwin this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
Effective Implementation Of Transformation Strategies
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Author : Angelina Zubac
language : en
Publisher: Springer Nature
Release Date : 2022-09-23
Effective Implementation Of Transformation Strategies written by Angelina Zubac and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-09-23 with Business & Economics categories.
This book sheds light on the processes and cognitions used by managers to successfully implement strategies while navigating the strategy and change interface. It applies the latest thinking from the resource-based literature, in particular the idea that high performing organisations have become adept at honing and utilising value creating dynamic capabilities. Key processes and cognitions help organisational leaders sense opportunities and threats as well as shrewdly seize strategic opportunities to advantageously enhance performance. The book also adopts an institutional view; that is, it assumes that organisations must satisfy their stakeholders while navigating a range of influences, including other organisations, markets, laws, quality standards, conventions, and cultural norms. This book conceptualises corporate strategy as an amalgam of four fundamental strategies: the organisation’s financial, customer value creation, resource, and non-market strategies. These strategies address the capital, product and services, and resource markets as well as various non-market institutions. Successfully integrating and implementing these four strategies allow organisations to enable their employees’ multidisciplinary talents. By approaching strategy in this way, the book demonstrates why it is important to monitor changes to the organisation’s strategic context and helps it identify the practices, collaborations, and projects necessary to achieve spectacular strategic change.