Managements handling of the strategy implementation/execution process can be considered successful

Management’s handling of the strategy implementation/execution process can be considered successful (a) when the internal organization develops 2 or more core competencies in performing value chain activities(b) if and when the company meets or beats its performance targets and shows good progress in achieving its strategic vision for the company(c) if the company’s culture is strong and strategy-supportive(d) if management is able to marshal adequate resources to put the strategy in place within 6-12 months(e) if managers and employees express strong support for the company’s strategy and long-term direction

The correct answer is B. if and when the company meets or beats its performance targets and shows good progress in achieving its strategic vision for the company. Explanation: Successful execution of strategies requires that an organization first set goals in functional areas. In large companies, the goals are often set at three levels: business or corporate, division and functional, these must be achieved in the short term if the objectives are to be achieved in the long term.
The goals are fundamental for the allocation of resources, they constitute the primary mechanism for the evaluation of managers, they constitute an important instrument to control the progress towards the achievement of the objectives, and they set organizational, divisional and departmental priorities.

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What does a successful strategy execution require?

Effective and successful strategy execution requires that their employees have discipline, and this is achieved through setting detailed and doable tasks to move the company strategy from paper into action. To achieve strategic goals, a strategy needs to be created through a strategic plan that can be followed.

What are the components that should be considered in strategy execution process and why?

Here are the seven critical elements of strategy execution:.
People. ... .
Communication. ... .
Direction. ... .
Measurement. ... .
Alignment. ... .
Reward and Recognition. ... .
Continual Review..

Which of the following is a principal managerial component of the strategy execution process?

The principal managerial components of the strategy execution process include: instituting policies and procedures that facilitate strategy execution and tying rewards and incentives to the achievement of strategic and financial targets.

Which of the following statements accurately describe the process of executing a business strategy?

Which of the following statements accurately describe the process of executing a business strategy? Executing a business strategy is an action-driven activity. Executing a business strategy requires managers who work effectively with colleagues.