Strategic Management

Enemies

 

Impediments to Strategy Implementation
Why Strategy Implementation Is So Difficult

 

Andrew Spanyi

   

 

 

Strategy implementation skills are not easily mastered, unfortunately. In fact, virtually all managers find implementation the most difficult aspect of their jobs more difficult than strategic analysis or strategy formulation.

  

 

U.S. managers spend $ billions annually on strategic analysis and strategy formulation. Managers themselves report that less than half the plans resulting from these efforts are ever implemented.

Outside observers put the success rate even lower: less than 10%.

Strategy Implementation Some Factors Impeding Strategy Implementation Functional Mindset STRATEGY IMPLEMENTATION: Success Rates and Major Impediments

  

 

Strategies that are not implemented constitute little more than academic exercises. The ability to implement strategies is one of the most valuable of all managerial skills.

 

Business Systems Approach to Strategy Implementation

 

 

Managers intent on implementing strategy must:

① master systems thinking to be able to coordinate a broad range of interconnected efforts aimed at transforming intentions into action, and

② take care of the factors impeding strategy implementation, especially functional mindset.