Question

What are the major issues in strategy implementation with example

Answer 1

Answer:

Explanation:

- Understanding the importance of a corporate strategy is a no brainer. Getting it right is the challenge. Every company needs a strategic plan. A bird's eye view plan – make, sell, profit – is good enough to get any company up and running, but in order to innovate, grow, and develop, a company must narrow its vision.

Answer 2

Answer:

➡ Alarmingly, 90% of organizations fail to effectively execute their strategic plans, according to Harvard Business School. Improperly executing a strategy leads to a lack of objectives for employees, improper resource allocation, lack of structure and leadership, and weak lines of communication.

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