12 Questions
What is the main focus of strategy implementation?
Practical application of strategies
Why is there a need for coherence in strategy implementation?
To align different elements towards the same strategic goal
What does complexity refer to in the context of strategy implementation?
Elements not complying with the strategy making it more intricate
Which aspect differentiates strategy implementation from strategy formulation?
Practical application of strategies
How can coherence within a company be ensured according to the text?
By using an alignment checklist
What makes strategy implementation more complex as per the text?
Having a low focus on customer service
What was the main reason for the bankruptcy of the company mentioned in the text?
They had a high focus on first rate customer service which was not coherent with their low cost focus/fares
What are the two types of knowledge mentioned in the text?
Internal (process, competences, people) and external (customers, partners, competitors)
What is the purpose of reverse mentoring as described in the text?
To help both younger and older employees learn from each other
What is the main focus of strategy implementation?
Change management
What is the main challenge of organizational change according to the text?
Companies are built to be stable, so most attempts to design and manage organizational change tend to fail
What is the relationship between the information provided by top management and the lower levels of the organization according to the text?
Top management provides the strategic domain and intended strategies, while the lower levels provide information on progress and emerging threats/opportunities
Explore the challenges faced during the implementation of strategies, including the different scope compared to analysis, the need for coherence, and managing complexity. Understand how strategy implementation differs from formulation and the practical aspects involved in executing strategies.
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