Volume : 10, Issue : 3, MAR 2024
STRATEGIC IMPLEMENTATION AS A PART OF STRATEGIC MANAGEMENT
NAZROL SAMAN BIN SAAD, MOHD IDZAM BIN ZULKIFLY, MOHAMAD NIZAM BIN YEOB, SAMSUDIN WAHAB*
Abstract
The issue of strategic implementation as it relates to strategic management is the focus of this essay. Developing a business plan now requires stating the company's vision and objective. In order to sustain competitiveness and drive future growth, the organization must employ strategic management, strategy formation, and strategy implementation. The key to a company's future success is implementing its specified plan in an effective way. Decisions about how to modify and implement the approach will determine how effective it is evaluated. The collection of choices and activities leading to the creation and execution of strategies intended to meet an organization's goals. To assist an organization in achieving its aims and objectives, strategic management entails creating and executing plans. Developing a strategy, allocating resources and organizing organizational structure, spearheading change projects, and managing procedures and assets are some examples of this process. Creating and carrying out plans to assist an organization in achieving its goals and objectives is known as strategic management. Developing a strategy, allocating resources and organizing organizational structure, spearheading change projects, and managing procedures and assets are some examples of this process.
Keywords
STRATEGIC, DECISION, ORGANIZATION
Article : Download PDF
Cite This Article
-
Article No : 8
Number of Downloads : 334
References
1. Beer, M., & Eisenstat, R. A. (2000) The silent killers of sstrategy implementation and learning. In Sloan Management Review. Available online at: http://sloanreview.mit.edu/article/the-silent-killers-of-strategy-implementation-and-learning.
2. Cisko, Š., & Klieštik, T. (2009) Finan?ný manažment podniku I. Žilina: Edis.
3. Cobbold, I., & Lawrie, G. (2002) The development of the Balanced Scorecard as a strategic management tool. Available online at: http://www.drjohnsulivan.comwww.workinfo.com/free/Downloads/BSC.pdf..
4. Chandler, A. (1962) Strategy and structure: chapters in the history of the American industrial enterprise. USA: Beard Books.
5. Glueck, W.F. (1980) Business policy and strategic management. New York: McGraw – Hill.
