BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Strategy Implementation-Strategy implementation implies making the strategy work as intended or putting the organization’s chosen strategy into action. Strategy implementation includes designing the organization’s structure, distributing resources, developing decision making process, and managing human resources.

Detailed explanation-2: -Strategy implementation is the process of turning your strategic plan into action.

Detailed explanation-3: -Strategy implementation is the process of turning plans into action to reach a desired outcome. Essentially, it’s the art of getting stuff done. The success of every organization rests on its capacity to implement decisions and execute key processes efficiently, effectively, and consistently.

Detailed explanation-4: -Tip. The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.

Detailed explanation-5: -Strategic management involves setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies, and ensuring that management rolls out the strategies across the organization.