Towards a Model of Strategy Implementation for Organizations in Developing Economies
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The essence of strategic success lies in effectiveness of strategy implementation rather than the sophistication of strategy formulation. This paper reviews existing models or frameworks of strategy implementation, comments on the impediments to strategy implementation, and derives the themes of strategy implementation. Suggestions to remove the impediments to strategy implementation are: adopting a dear model of strategy implementation, effective management of change in complex situations, and setting down clear measures of effectiveness. These three suggestions are utilized to build up the three themes of strategy implementation: activating strategies, managing change, and achieving effectiveness to construct a model of strategy implementation. The proposed model has sets of activities such as project and procedural implementation that could find more academic and practical relevance to strategic management in developing economies.
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