Implementing a strategy or strategy implementation is defined as "the translation of strategy into organisational action through organisational structure and design, resource planning and the management of strategic change".
Analysing the definition, it becomes obvious that strategy implementation is somewhat complex.
To identify significant problems encountered in implementing a new strategy in a business, a critical look at the components to be applied in implementing the strategy would be a good pointer. These are considered below: Organisational structure and design; and strategy implementation; translating the strategy into organisational action by using the structure of the organization will also be dependant on the type of structure in use in the organization. The organisational structure and design aspect of the strategy implementation deals with how the human resources in the organization are mobilised and organised to bring about the corporate strategy.
The next aspect in strategy implementation - resource planning sets out resources and competences need to be created.
Critical path analysis is recommended for strategies which have detailed planning of implementation.
The next component in the implementation stage of the strategy is the management of strategic change. 2.Change will not occur unless there is a commitment to change 3.The approach to managing strategic change is likely to be context dependent. 4.Change must address the powerful influence of the paradigm and cultural web on, the strategy being followed by the organization.
It could also be a change in strategy that will necessitate the change.To effect a successful strategy implementation, management must also adopt appropriate styles to manage the change processes.
Associated with management of strategic change is the problem of change management.
Significant Problems Encountered in Implementing a New Strategy in a Business
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