Strategy Implementation Problem
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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.
How To Resolve The Strategy Implementation Problem
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Author : Nader Arvand
language : en
Publisher: LAP Lambert Academic Publishing
Release Date : 2014-02
How To Resolve The Strategy Implementation Problem written by Nader Arvand 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 2014-02 with categories.
To execute the strategy implementation more effectively, this study proposes an integrated model combining the resource-based view of 'McKinsey 7S' and the industrial organization point of view. The model was tested through collecting primary data from employees of a disguised transformer manufacturer (TRANSCO). The findings prove that neither the resource-based nor the industrial organization is effective independently towards solving the strategy implementation problem, although the study suggests that the resource-based view is more reasonable than the industrial organization viewpoint. Indeed, the model of this study, which combines both viewpoints by employing the strategy formulation and the balanced scorecard, offers a more comprehensive solution and contributes to resolving the most difficult stage of strategic management-strategy implementation.
Making Strategy Work
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Author : Lawrence G. Hrebiniak
language : en
Publisher: Pearson Education
Release Date : 2005-01-05
Making Strategy Work written by Lawrence G. Hrebiniak and has been published by Pearson Education this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-01-05 with Business & Economics categories.
Without effective execution, no business strategy can succeed. Unfortunately, most managers know far more about developing strategy than about executing it -- and overcoming the difficult political and organizational obstacles that stand in their way. In this book, leading consultant and Wharton professor Lawrence Hrebiniak offers the first comprehensive, disciplined process model for making strategy work in the real world. Drawing on his unsurpassed experience, Hrebiniak shows why execution is even more important than many senior executives realize, and sheds powerful new light on why businesses fail to deliver on even their most promising strategies. Next, he offers a systematic roadmap for execution that encompasses every key success factor: organizational structure, coordination, information sharing, incentives, controls, change management, culture, and the role of power and influence in your business. Making Strategy Work concludes with a start-to-finish case study showing how to use Hrebeniak's ideas to address one of today's most difficult business execution challenges: ensuring the success of a merger or acquisition.
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.
Strategy Implementation And Control
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Author : Hiriyappa B
language : en
Publisher: PublishDrive
Release Date : 2018-06-01
Strategy Implementation And Control written by Hiriyappa B and has been published by PublishDrive this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-06-01 with Business & Economics categories.
Strategy Implementation and Control is an essential tool for managers and professionals going through the day-to-day struggle of managing Policy maker expectations and permitting business to proceed in the most efficient manner. This book is specially designed for those who are the students of Business, MBA, PGDM & Executives. IT management, businessmen, entrepreneurs, operating managers, middle-level managers across the management consultant and business executives seeking to excel in the implementation of Strategy and Control. Strategy Implementation and Control, a highly practical manual that includes interrelationships, issues, organization design, structure, integration and integrating mechanisms, value chain, corporate culture, leadership and effective control together with the practical steps from implementing a strategy to control an effective improvement.
The Implementation Challenge
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Author : David Hussey
language : en
Publisher: John Wiley & Sons
Release Date : 1996-09-10
The Implementation Challenge written by David Hussey 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 1996-09-10 with Business & Economics categories.
The implementation of appropriate strategies remains one of the most difficult areas of management. Considerable thought, energy and resources is given over to devising a strategic plan; and it is to the fine detail of the plan that attention turns when things go wrong. The plan, rather than the implementation comes in for scrutiny, because it is less problematic to analyse. Perhaps this is because, whereas the plan can be devised under pollution-free, almost laboratory conditions, the working out of the plan takes place in the real world infected with real world variables. But the whole point of a strategy is that it will be implemented and implemented successfully. Much has been written on change management and transformational leadership all very relevant to strategy implementation but there are comparatively few books which look at the implementation process as a whole. The Implementation Challenge aims to link the numerous concepts and approaches to the subject but recognizes the impact on implementation of the organization as it lives and breathes. From the work of leading thinkers in the field of strategic management, David Hussey has selected contributions specifically focusing on the theme of implementation. Some of the work is to be found in Strategic Change; this, together with new material and four major case studies, makes The Implementation Challenge thoroughly up to date and coherent. It is intended to be thought provoking, and to give practical aid to those involved with achieving successful implementation of their organization s strategic plans and thinking.
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
Competitive International Strategy
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Author : Anders Pehrsson
language : en
Publisher: Routledge
Release Date : 2020-11-15
Competitive International Strategy written by Anders Pehrsson and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-15 with Business & Economics categories.
Contemporary businesses are exposed to global competition enhanced by new information technology and liberalized cross-border transactions in many industries. This introduces a new competitive dynamic, influenced by actors in developed and emerging markets. The dynamic puts major demands on executives as they consider future moves that support strategic initiatives. The context of intensified global competition requires attention from practicing (and aspiring) leaders in international business organizations. Drawing on contemporary research, Competitive International Strategy: Key Implementation Issues addresses international business strategy formulation and implementation in the global competitive market. It captures the essential strategy components by elaborating on the implementation of corporate integration and local responsiveness. This is considered a vital dichotomy in the development of international business strategies. Essential components include competition context, firm’s resources, strategy directions and competence, implementation issues, and competitiveness. The book includes several detailed company cases. Bridging the strategy formulation and implementation is crucial for the ultimate success of international business firms. This book will be of great value to students at an advanced level, academics, and reflective practitioners in the fields of strategic management, leadership, and international business.
The Evolution Of Strategic Management Challenges In Theory And Business Practice
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Author : Tomasz Kafel
language : en
Publisher: Cognitione Foundation
Release Date : 2021-01-01
The Evolution Of Strategic Management Challenges In Theory And Business Practice written by Tomasz Kafel and has been published by Cognitione Foundation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-01 with Business & Economics categories.
Purpose: Strategic management has been developing in business theory and practice for over 50 years. Presently, it constitutes the main area of research interest in management science. The contemporary conditions of business operations create new challenges for strategic management, such as the use of dynamic capabilities in strategy building, relational strategies, networking of organizations, technology development and automation of processes, and global strategies. These challenges are often referred to as neostrategic management. The purpose of this publication is to present the findings of research concerning new strategic management concepts and challenges. Methodology: The main research method of this article was a narrative literature review. On the basis of the research, the development of the concepts as well as contemporary trends and challenges of strategic management were characterized. There is also a synthesis of the problems and research results presented in the articles in this special issue of JEMI. Findings: Various schools and approaches to strategy formulation have been created. They indicate different factors that allow for success in strategic management such as: setting long-term goals, selection of programs and their execution plans (planning school); connection of the enterprise with the environment (evolutionary school); focusing attention on competitive advantage and achieved performance (position-based school); focus on one’s own resources and competences (resource school); use of opportunities and creating innovation (simple rules school); selection of the best option and orientation in business management (real options school); or eclectic perspectives, integrating the listed approaches. The strategic management concept has two dimensions. The first dimension is related to the emergence of subsequent, new strategic management concepts, which often hark back to the previous schools and approaches. The second dimension of development applies to operationalization and adjustment of the previous concepts to the changing conditions. Implications for theory and practice: The paper characterizes the research results presented in the articles included in this JEMI issue. They deal with various problems and challenges in the field of strategic management, such as the relationship between market dynamics, market orientation and performance of enterprises; the innovativeness of companies as a contemporary strategic orientation of companies; the strategy implementation and the management of the organization change; problems of strategic management of the development of the city. Originality and value: The problems presented in the study relate to challenges and new concepts in strategic management. They enrich the existing knowledge on the development of strategic management, and also create inspiration for further research in this area. Keywords: evolution of the strategic management concept, neostrategic management, strategy implementation success, market dynamism, strategic management of cities, innovation strategy. Table of Contents Dynamics of the evolution of the strategic management concept: From the planning school to the neostrategic approach 7 Tomasz Kafel, Bernard Ziębicki The impact of market orientation on the performance of MSMEs operating in technology parks: The role of market dynamism 29 Anna Wójcik-Karpacz, Jarosław Karpacz, Joanna Rudawska Innovative activity of Polish enterprises – a strategic aspect. The similarity of NACE divisions 53 Edyta Bielińska-Dusza, Monika Hamerska The strategy implementation process as perceived by different hierarchical levels: The experience of large Croatian enterprises 99 Valentina Ivančić, Lara Jelenc, Ivan Mencer Is dominant logic a value or a liability? – On the explorative turn in the German power utility industry 125 Ekaterina Brandtner, Jörg Freiling City policies to promote entrepreneurship: A cross-country comparison of Poland and Germany 159 Jan Fazlagić, Aleksandra Sulczewska-Remi, Windham Loopesko
Beyond Strategy
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Author : Robin Speculand
language : en
Publisher: John Wiley & Sons
Release Date : 2009-11-02
Beyond Strategy written by Robin Speculand 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 2009-11-02 with Business & Economics categories.
In the last few years implementation has become an integral part of strategy discussions due to the staggering failure of organizations to deliver on the strategy promises. In Beyond Strategy, Robin shifts his focus from why strategy implementation is important, which was the focus of his last international best seller Bricks to Bridges, to what leaders must do differently. Implementation of strategy can't simply be delegated. In the book he provides the structure, framework and specific actions leaders must take to go beyond strategy and deliver on their promises. The book is divided in to the areas of the Implementation Compass, a tool for implementing strategy that identifies the eight global best practices of implementation. Each chapter ends with the actions leaders must take. The book is concise, based on the latest thinking and packed with useful tips and case studies.