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Key Considerations for Successful Strategy Implementation: Cultural, Structural, and Leadership Factors

Discussion on cultural, structural, and leadership factors in strategy execution.

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    Key Considerations for Successful Strategy Implementation: Cultural, Structural, and Leadership Factors Question - Describe cultural, structural, leadership considerations that must be incorporated into strategy implementation. Answer - Business strategies are the courses of action adopted by a firm for each of its businesses separately to serve indentified customer groups and provide value to the customer by a satisfaction of their needs. In the process, the firm uses its competencies to gain, sustain and enhance its strategic advantage. Cultural considerations – “Organizational (or corporate) culture is the set of important assumption – often unstated - that members of an organization share in common.” There are two major assumptions in common: beliefs and values. Beliefs are assumptions about reality and are derived and reinforced by experience values are assumptions about ideals that are desirable and worth striving for. When beliefs and values are shared in an organization, they create a corporate culture. The manifestation of corporate culture in an organization is evident in :  Shared things ( e.g., the way people dress)  Shared sayings (e.g., ”let’s get down to work”)  Shared actions (e.g., a service - oriented approach)  Shared feelings (e.g., “hard work is not rewarded here”) Culture affects not only the way managers behave within an organization but also the decisions they make about the organization’s relationship with its environment and its strategy. ” Culture is

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