STRATEGIC ACHIEVEMENT. Strategic Management, Strategic Leadership: Successful Strategy Formulation and Implementation

	To achieve results, you should develop a solid, sound, customer-focused, and entrepreneurial strategy, aimed at market leadership, based on innovation, and tightly focused on decisive opportunities... More
	Yin-Yang of Strategic Management

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Strategic Management

Two Interwoven Parts of the Strategic Achievement

Formulation:
Identifying the best strategy

Implementation:
Pursuing it to the desired result

While both parts are essential to achieving superior organizational performance, the implementing strategy is where most companies succeed or fail.

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Stretch essentially means using dreams to set business targets – with no real idea of how to get there. If you do know how to get there – it's not a stretch target.

Jack Welch

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Strategic Management

3 Strategies of Market Leaders ▪ Opportunity-focused Organization

Strategy Implementation: Corporate Capability Approach

Organizations that excel at strategy execution know how to create sustainable value for stakeholders through synergizing key organizational capabilities. In the capability model, senior managers focus on a balanced approach to the business system and strategic innovation. An organizational capability approach nurtures such critical factors essential to achieving superior, sustainable results as strategic focus and organizational strategic alignment. In turn, taking strategic action to achieve strategic focus and organizational alignment develops capability thinking... More

Strategic Management → Capability Approach → Strategy Implementation

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Business Success 360

Link Creation of a Strategic Intent with its Implementation

Strategic intent must evolve on the basis of experience during its experimental implementation. Separating strategy creation and strategic action planning from strategy implementation and strategic actions by using corporate planners or consultants for the former activity is thus a hindrance to the evolution of a successful strategy. Linking creation and implementation supports the overall process, and thus a dynamic strategy emerges and evolves.

Surprise To Win ▪ Strategic Leadership ▪ Guiding Principles

Why Strategy Implementation Is So Difficult

Strategy implementation skills are not easily mastered, unfortunately, because there are many impediments to strategy implementations. In fact, virtually all managers find implementation the most difficult aspect of their jobs – more difficult than strategic analysis or strategy formulation. Strategies that are not implemented constitute little more than academic exercises. The ability to implement strategies is one of the most valuable of all managerial skills... More

for Teachers

Strategic Management

Know Your Enemies >> Functional Mindset

Inventive Implementation

Innovation is 1% of an invention and 99% of creative entrepreneurial actions. Inventing something new is not the end, it is just the beginning of implementation-oriented inventive journey.

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Outstanding Innopreneur

Achieve much more wth INNOBALL

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Innovation Success 360

Strategic Innovation >> 7 Dimensions ● Systemic Innovation ● Innovation System

"A satisfied customer is the best business strategy of all." ~ Michael Leboeuf

3 Strategies of Market Leaders

Visionary Growth Strategies

Vision and Stretch
Competitive and Marketing Strategies
Best Practices... More

Competitive Strategies
Survival Strategies	Market Leadership Strategies
Incremental Innovation	Radical innovation & Venture strategies
... ► More

5 Strategic Questions

You Should Ask to Understand Where Your Business Is Going

By: Jack Welch

In the last three years, what have your competitors done?... More

Creating Competitive Disruption

7 Strategies

Develop the ability to surprise
Develop ability to move quickly... More

How To Be A Great Strategic Thinker

Top 10 Essential Requirements

Essential Element #1: You must have a vision. And you must be great at thinking with a strategic purpose and creating a visioning process. Great strategic thinkers are visionaries... More

Leadership-Management Synergy

Leaders: Pursue opportunities. Managers: Reduce risk.

► Resulting synergy: Strategic achievements... More

Build Your Sustainable Competitive Advantage

Sustainable competitive advantage is the prolonged benefit of implementing some unique value-creating strategy based on unique combination of internal organizational resources and capabilities that cannot be replicated by competitors... More

Mobilize Your Organization

In an opportunity-focused organization, dynamic strategy process is both top-down and bottom-up. Opportunity-driven business development "is in large measure a result of the pursuit of opportunities by people at all levels that creates the building blocks for the strategy finally synthesized by top management. Thus mobilizing the organization is vitally important."¹... More

Leadership and Management

Leaders provide vision; Managers provide execution. Both together achieve more.
Leaders focus on the what; Managers focus on the how. Both together do more... More