Executing Strategic Plans

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totality of activities and choices required to execute a strategic plan

Strategic implementation

It is the process by which objectives, strategies, and policies are implemented through developing programs, tactics, budgets, and procedures

Strategic Implementation

The strategy should be embedded in everything that a company does. It involves translating organizational conduct, mission, vision, policies, and strategic plans into general actions that guide an organization's daily activities.

Define the strategy framework.

It involves establishing cooperation, personnel development, degree of commitment, determination, and efficiency within an organization.

<p>Build a strategic plan</p>
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Key performance indicators provide clear information of progress towards an end-goal and measure factors such as efficiency, quality, timeliness, and performance.

<p>Define Key Performance Indicators (KPI)</p>
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It involves an overview of how the strategy looks in the present and how it is progressing over time. It must include a comparison period or graphs/charts showing progress to maintain momentum.

<p>Implement consistent reports</p>
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