Managing Strategic Implementation

What is the primary purpose of strategies in businesses?

To achieve aims and objectives.

What factors influence a business's strategic plans?

Internal and external environment.

How does leadership impact strategic implementation?

Leadership can affect strategic plans and their implementation.

What are potential consequences of implementing a new strategy?

Cultural changes within the business.

Why are leaders important during the implementation of new strategies?

They guide the business through change and ensure employee support.

What role do leaders play in monitoring strategic changes?

They are responsible for reviewing changes and addressing concerns.

How does communication impact strategic implementation?

It ensures stakeholders understand the change, reducing resistance.

What is the importance of communication between functional areas during strategic change?

To ensure all functions have the resources to support the change.

What can effective communication enable employees to do in relation to change?

Report on and review the success of the change.