Strategy Implementation in Organizations: A Conceptual Overview

Pushpa Rani
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Pushpa Rani: University of Oulu, Finland

Management, 2019, vol. 14, issue 3, 205-218

Abstract: The strategy implementation procedure is one approach through which managerial objectives, methods, and rules are implemented throughout the growth programs, financial plan, and procedure. The organization can quickly fail if such strategies are not executed well. When an organization plans to implement the required strategic plan, it certainly addresses all the predicaments that the organization may face like the probability of misusing the inadequate capital or the risk of self-worth in case the business fails. In essence, the conceptual study presents the strategy implementation process to enhance the attainment of the mission and the vision of the business through quality products and services that increases the customer base. Therefore, the result of the paper shows that the firm should implement an excellent strategy to achieve the entire objective to meet all the goals of an organization.

Keywords: strategy implementation; planning; strategic plan; mission and vision (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)

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DOI: 10.26493/1854-4231.14.205-218

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