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Strategy Implementation - Explained

What is the Strategy Implementation Phase

Written by Jason Gordon

Updated at April 7th, 2022

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Table of Contents

What is Strategy Implementation? 

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
strategy implementation implement a strategy

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