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Strategy Implementation - Explained

What is the Strategy Implementation Phase

Written by Jason Gordon

Updated at April 14th, 2023

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What is Strategy Implementation? 

Implementation is one of the recognized phases of strategic management. A strategy must be implemented by a firm before it can have an effect of firm performance. 

Four strategic factors influence firm performance:

  • Direction: Strategy formation is developing a clear strategic direction
  • Efficiency: establishing a fast and effective organization
  • Adaptability: developing an adaptive culture
  • Focus: Shifting from focus on customer and cost reduction to the broad picture

Efficiency, adaptability, and focus all relate to strategy implementation.

Back to: STRATEGY & PLANNING

Approaches to Strategy Implementation

  • Eclectic Implementation Model
  • Mintzberg's Modes of Strategic Decision-Making
  • Mintzberg's Five Configurations
  • Value Engineering

Related Topics

  • How Strategies Arise
  • Intended, Deliberate, Realized, and Emergent Strategies
  • Management and Strategic Planning
  • Mintzberg's Schools of Strategic Development
  • Design School
  • Planning School
  • Positioning School
  • Entrepreneurial School
  • Cognitive School
  • Learning School
  • Power School
  • Culture School
  • Environmental School
  • Configuration School
  • Mintzberg's 5Ps of Strategy
  • McKinseys 7s Model
  • ***Industry Analysis to Build a Strategy***
  • Strategic Analysis
  • SWOT Analysis
  • SPACE Analysis
  • Situational Analysis - 7C
  • Competition Profile Matrix
  • Stakeholder Analysis
  • Stakeholder Mapping
  • Resources and Capabilities
  • VMOST
  • Core Competency
  • VRIO Analysis
  • Value Chain Analysis
  • Internal Factor Analysis
  • Value Creation Index
  • Minimum Efficient Scale
  • PEST(LE) Analysis
  • Industry Lifecycle Analysis
  • Company Lifecycle - Definition
  • Porter's Five Forces
  • Modes of Management
  • External Factor Evaluation
  • Strategy Implementation
  • Eclectic Implementation Model
  • Mintzberg's Modes of Strategic Decision-Making
  • Mintzberg's Five Configurations
  • Value Engineering
  • Business Performance Measurement
  • Benchmarking
  • Balanced Scorecard
  • Economic Value Added
  • Activity-Based Management
  • Quality Management
  • Action Profit Linkage Model
  • Business Activity Monitoring
  • Gap Analysis
  • Strategy Diamond
  • BCG Growth-Share Matrix
  • GE McKinsey Matrix
  • Value Reporting Framework
  • Pyrrhic Victory
strategy implementation implement a strategy

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