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Literature Review on Strategy Implementation

In: Business and Management

Submitted By shifamodak
Words 970
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Introduction
Over the past 2 years, Delhi Commonwealth Games and Beijing Olympic games frequently came across several obstacles during the core element of strategy implementation. These obstacles were due to lack of operations in financial strategy, marketing, R&D, etc. This stage is considered as crucial component of the strategic management process which helps in putting strategic plans in practice.
In a review it’s stated that the individual barriers to strategy implementation that have been encountered fit well into following interrelated categories: too many conflicting priorities, interfunctional conflicts, a poor vertical communication and inadequate management development.
This topic furnishes us with an overview relating to the strategies, strategic implementation, and obstacles reflecting in the Delhi Commonwealth Games 2010 and Beijing Olympic games2008.

Literature Review on Strategy Implementation “Strategy implementation may be viewed as a process inducing various forms of organizational learning, because both environmental threats and strategic responses are a prime trigger for organizational learning processes “(Lehner, 2004) Following to this we review that it’s a quiet a complicated task for any management team, making a strategy perform or execute, implementing the ideas all throughout the organization. Strategy implementation is considered mostly as something of an expertise and its research history has formerly been illustrated as fragmented and diverse. Soft, hard and mixed factors which range from the people who communicate or mechanism in place for co-ordination and control have been proved influential to the success of Strategy implementation. Strategy execution is also defined as ‘the step by step implementation of the various activities that make up a formulated decision- making strategy. Strategy execution also can be

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