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STRATEGIC MANAGEMENT

(CBMEC 402)
Miss Lenly Grace G. Garganza
SY 2021-2022
Goals of Strategy Execution
Specifically, implementing and
executing the strategy is aimed at
achieving the following objectives:
a) Unite total organization behind
strategy
b) See that activities are done in a
manner tightly matching first-rate
strategy execution
c) Generate commitment so an
enthusiastic crusade emerges to carry
out strategy
d) Fit how the organization conducts its
Determinants to Successful
Implementation of Strategy
a) Good leadership. Having a good,
credible and skillful leader in
implementing and executing a variety
of strategies will encourage other
members of the organization to do
actions on the strategies.
b) Motivating. Because strategy
execution requires more than just
doing what is deemed crucial and
extraordinary, it requires a lot of
Determinants to Successful Implementation of Strategy

c) Working with others. Implementing and


executing the strategy deals with working
with as many people as possible.
d) Creating fits between requirements
for good strategy execution and how
organization conducts its business.
Implementing and executing the strategy
involves orchestrating a match or fit
between good implementing and at
ground level and the culture as well as
image of the business organization.
Role of Policies in Aid of Strategy
Execution
In particular, policies and procedures aid strategy
implementation or execution by the way of the ff.:
Provide top-down guidance regarding expected
behaviors;
Help align internal actions with strategy,
channeling efforts along the intended path;
Enforce consistency in performance of activities
in geographically scattered units; and
Serve as powerful lever for changing corporate
culture to produce stronger fit with a new
strategy.
The Need to Monitor
Monitoring is important because it
would be a meaningless exercise to go
through the process of doing
environmental scanning, setting the
vision-mission as well as strategic
objectives and all the way to crafting and
implementing or executing the strategies
if no efforts will be made to assess the
results or impacts of the entire process
upon the competitiveness and
profitability of the business operations.
The Need to Monitor

Monitoring aspect covers the


set of activities needed to keep an
update of the level of
implementation and execution of
the strategy.
Strategy Audit
Strategy audit is a useful tool for
assessing the relevance and success of
strategic management initiatives.
Strategy audit is essentially an
examination or assessment of the
efforts of a business organization to
document the strategic management
agenda of the company.
END!

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