Key Ingredient Success Strategy Implementation Stage Typically Difficult Aspect Strategic Q34223465

A key ingredient in the success of any strategy is theimplementation stage which is typically the most difficult aspectof the strategic management process. Discuss the factors thatpotentially contribute to the successful implementation of astrategy.

Expert Answer

the factors that potentially contribute to the successfulimplementation of a strategy are given as below:-

Strategy Formulation:- the strategy formulation plays asignificant role in the successful implementation of the strategy.If the formulation is faulty, then the implementation will not befeasible or desired results cannot be obtained.

Relationship with the other department:- If there is an absenceof proper coordination with the other department, then strategicimplementation will always be