You Can Lead With Change (Collection)

Part I: Key Factors in Strategy Execution: Creating an Integrated Approach to Making Strategy Work

Strategic planning or “strategy making” is difficult. It demands time and attention paid to industry forces, competitors’ actions, and organizational capabilities and investments. Planning involves positioning decisions and steps to differentiate the organization in significant ways and then protecting its position from competitive challenges and risks. Strategy formulation is no easy task.

As difficult as strategy making is, making strategy work is even more difficult and challenging. There are tremendous obstacles to effective strategy execution or implementation. Some of the obstacles or hurdles arise from the conditions or demands of the execution ...