International Journal of Management and Development Studies

  • Year: 2013
  • Volume: 2
  • Issue: 6

Business strategy implementation and strategic management: An analytical study

  • Author:
  • Abhishek Gupta
  • Total Page Count: 9
  • DOI:
  • Page Number: 11 to 19

Administrative-cum-Accounts Officer and Head of Office, Sardar Swaran Singh National Institute of Renewable Energy, Kapurthala (Punjab), India

Abstract

Strategy implementation may be viewed as a process inducing various forms of organizational learning, because both environmental threats and strategic responses are a prime trigger for organizational learning processes. Following to this we review that it's quiet a complicated task for any management team, making a strategy perform or execute, implementing the ideas all throughout the organization. Strategy implementation is considered mostly as something of an expertise and its research history has formerly been illustrated as fragmented and diverse. Soft, hard and mixed factors which range from the people who communicate or mechanism in place for co-ordination and control have been proved influential to the success of Strategy implementation. Strategy execution is also defined as ‘the step by step implementation of the various activities that make up a formulated decision making strategy.

Keywords

Strategy implementation, Strategy execution, Management