What are the Benefits of Effective Strategy Execution?
Strategy development and execution are necessary to create a unique as well as valuable position and to drive sustainability and competitive advantage. Development and execution of strategy is complex, binding important resources, time consuming and expensive. Both are complex – even more, as globalization and usage of as well as dependency on new technologies increased. Effective strategy execution is reinforcing investments for strategy development and supports an organization’s resilience. Furthermore effective execution prevents dysfunctioning of important resources as well as paralyzed and frustrated employees. Additionally, effective strategy execution supports organizations in meeting their purpose, their vision and mission. — Andreas SteinerCORNERSTONES FOR EFFECTIVE STRATEGY EXECUTON
Excerpt of Case Study: Cornerstones for Effective Strategy Execution – Spotlight on General Business Realities and a Set of Key Disciplines by Andreas Steiner
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