Flashcards on Strategy Execution and Organizational Structure

Strategy Execution and Organizational Structure Explained

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What is the primary focus of strategy formulation versus strategy implementation regarding timing of actions?

Strategy formulation positions forces before the action; strategy implementation manages forces during the action.

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Strategy Implementation

45 cards

Card 1

Question: What is the primary focus of strategy formulation versus strategy implementation regarding timing of actions?

Answer: Strategy formulation positions forces before the action; strategy implementation manages forces during the action.

Card 2

Question: Which focus is emphasized in strategy formulation and which in strategy implementation?

Answer: Strategy formulation focuses on effectiveness; strategy implementation focuses on efficiency.

Card 3

Question: How do the processes of strategy formulation and implementation differ in nature?

Answer: Strategy formulation is primarily an intellectual (process-oriented) activity; strategy implementation is primarily an operational (people-oriented) a

Card 4

Question: What types of skills are especially required for effective strategy formulation?

Answer: Good intuitive and analytical skills, and the ability to coordinate among a few individuals.

Card 5

Question: What types of skills are especially required for effective strategy implementation?

Answer: Special motivation and leadership skills, and the ability to coordinate among many individuals.

Card 6

Question: How are strategy formulation and implementation characterized as disciplines?

Answer: Formulation is described as a science with tools and techniques; implementation is described as an art to energize people.

Card 7

Question: Who holds primary responsibility for strategy formulation and who for implementation?

Answer: Top managers have primary responsibility for strategy formulation; mid- and lower-level managers have primary responsibility for strategy implementati

Card 8

Question: Why is strategy implementation considered more difficult than formulation according to the content?

Answer: Implementation is people-oriented, requires coordination across many individuals, demands motivation and leadership, and is considered considerably mo

Card 9

Question: Do strategy-formulation concepts and tools differ greatly across organization types and sizes?

Answer: No. Strategy-formulation concepts and tools do not differ greatly for small, large, for-profit, or non-profit organizations.

Card 10

Question: Does strategy implementation vary among different types and sizes of organizations?

Answer: Yes. Strategy implementation varies substantially among different types and sizes of organizations because implementation actions differ by context (m