Issues in implementing strategy

It is clear that an organisation’s effort to manage the internal envirionment and opportunities available in the external environment are mainly defined by the strategy.

Then, Can we say that strategy formulation determines the organisations future ?

We can say “Partially Yes”. It is important, to know that, mere formulation of strategy without any implementation is worth nothing at all.

The formulation of strategy is just the beginning, there are so many constraints that have implication on the operation after the strategy formluation.

But that doesn’t mean strategy computation is futile, it is still the base for any business processes and without it, frankly, business processess will barely meet their goals.

So, strategy formulation is very important in this sense. And an entity should be careful while implementing these strategies into action.  

There are so many issues that should be considered for the effective implementation of strategy.

It is therefore necessary to analyse it with wide range of knowledge, skills, attitudes, and abilities. 

Prior to the implementation of strategy, organisations have to consider resource allocation,, design structures, formulate functional policies, and take into account the leadership styles required, besides dealing with various other issues.

Strategy implementation requires the whole organisational efforts to do in action. Otherwise, simply it will be a organisational dreams. And, since Strategy itself does not lead to any action, implementation is necessary to realise these strategy as an action.

Organisation formulates plans which results in different kinds of programmes. A programme includes goals, policies, procedures, rules, and steps to be taken in putting a plan into action. 

For the desired results from the programme it requires a lot of funds allocated for plan Implementation. Thus, it demands the proper allocation of funds on research and development programmes based on capital budgeting by organizations. 

Implementation of strategies is not limited to formulation of plans, programmes, and projects. The organisation should consider the followings issues while implementing strategy.

Project implementation

Procedural implementation

Resource allocation

Structural implementation

Functional implementation

Behavioural implementation

The transformation of strategy formulation to strategy implementation requires a shift in responsibility from strategists to divisional and functional managers. 

It is therefore problems may arise due to shift in responsibility. Therefore, it is essential that divisional and functional managers be involved as much as possible in strategy-formulation activities.

Organisation should communicate the objectives and strategies within the organisation. Top-down flow of communication is essential for developing bottom-up support.

If you have any queries, please feel free to comment.

Thank You.