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

 

 

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Strategic Management

 

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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.

 

 

 

 

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.

 

Sun Tzu: The Art of War

Know your enemies. Know your strengths and weaknesses. When you execute your strategy, know how to manage both action and inaction.

Sun Tzu

The Art of War

 

 

 

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  INNOBALL simulation game

 

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Vadim Kotelnikov advice quotes

When you think Inside-Out, don't forget to think Outside-In as well if you want to move farther and faster.

Vadim Kotelnikov, founder of 1000ventures - personal logo Vadim Kotelnikov

I-Creator

 

 

 

 

 

PowerPoints for sale

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Strategic Management

 

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INNOBALL Innovation Brainball entrepreneurial simulation game by Vadim Kotelnikov

INNOBALL (Innovation Brainball) entrepreneurial simulation game helps players achieve much more by inspiring them to think about their project creatively and strategically − both inside-out and outside-in.