Strategy helps an organization position itself uniquely in order to create value and exploit the unfolding opportunities , hedge against threats, leverage strengths and remove weaknesses.
Strategy execution has two components namely the action planning to operationalize the core strategy and its physical implementation. Strategy execution is one integrated in which action planning and physical implementation are integrated in real time basis. High quality execution presupposes high quality action planning , assigning the right people for the right jobs, adequate follow through and robust MIS and review processes. Strategy execution involves the optimal balancing of seven key variables namely Strategy, Structure, Systems , Staff, Skills, Style and Shared values. Strategy execution is the key role of the business leader. This execution is a discipline and must be learned specifically. The primary areas are
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