Saturday, May 11, 2019

Barriers to Successful Strategy Essay Example | Topics and Well Written Essays - 1500 words

Barriers to Successful outline - Essay ExampleThe paper tells that the implementation of strategies might turn out to be difficult addicted that the organization is large or complex save, in either case, monitoring and control the execution summons of strategies is vital to the organization. Complex strategy implementation becomes a confusion to implementers and might also call for superfluous resources in forms of human, time and financial resources for successful implementation. Dyer and Singh refer to such situations as complex decision-making strategies which require creation high trouble during the implementation of strategies although it might take longer to implement and require more attention from employees and manager, its implementation will see the profit margin of an organization increase tremendously. Kaplan and Norton, also identify the greatness of strategy execution and describe strategy execution as of equal importance to the strategy itself. capital of Minne sota Nutt also studied the matter and explains that more than half of the decisions made in organization result in failure mainly due to wrong execution of a strategy in the implementation phase. BRF is nonpareil such company that has determine the importance of monitoring and controlling its strategy execution process. According to investigate by Kaplan and Norton, 70% of failures in the execution of a strategy is from the bad implementation, not the strategy itself. They identified four major barriers to the execution of strategies such as lack of vision, resource barrier, management barrier and community barrier. In addition to the four barriers, Jones and Kaplan and Norton emphasize the importance of a communicating strategy due to its vituperative value of aligning individuals and organizational units. In most organizations, managers are trained on how to plan strategies, not execute them. Managers in most organizations have the know-how on how to plan and develop strategi es that would uplift an organization but mostly they lack the technical know-how of how to implement their strategies to achieve the intended organizational goals.

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