2. A good strategy without proper
implementation is like a poor strategy or
no strategy at all
However having a good strategic plan is
half the battle won, and the other half
is won through effective strategy
implementation
3. Strategy implementation
A rigorous process of transforming the
plan / strategy into action (from mere
strategic planning to strategic
management)
This transformation involves planning
further( for our chosen strategy to be
applied) through effectively
communicating to implementers
(internal buy-ins), organizing
resources, leading,and controlling
4. Cont-
• Putting our grand plan/blue print into
action to ensure that we competitively
get where we want to be (strategic
direction)
• Executing the chosen strategy (s)
through putting its tactics(actionable
steps/competitive activities) into action
5. Common features /characteristics of
the implementation stage
1. Every strategy to be implemented
has its unique strategic window
2. Its own requirements/changes
6. Cont-
3. Successful implementation is usually
spearheaded by top management
applying team work/participatory styles
of leadership
4. Strategies are implemented by people,
so you need their commitment/goal
contract
7. More features/observations
5. Some implementation is actually out-
sourced from those with better value-
adding core competences in some of our
tactics/activities that make up your chosen
strategy
6. Planning for strategy implementation is
usually ignored due to that excitement after
choosing our strategy
8. • You need to plan for this critical
stage- why?
• An implementation plan is very
critical at this stage
• It is in line with that strategy’s
tactics and the generic steps for
effective strategy implementing
9. What it contains
What activities are to be
done
When they will be done
(Timing)
Who will do them (Persons
responsible)
10. What resources will be
required
What will be the performance
indicators
Objectively verifiable
indicators (OVIs)
Means of
verification/evaluation
Key Result Areas (quantitive
and qualitative indicators)
11. •Note:
Coherent and integrated Work Plans can
then be developed from this
Implementation Plan’s schedule of
tactics/activities/actionable steps
A good strategic choice with wrong
tactics/work plans is likely to fail, and
vice-versa
12. Implementation process
• Communication / clarification of the goals,
objectives and strategies( at different levels of
hierarchy)
• Determine the key managerial & operational
tasks to be performed
• Assign tasks to the various departments and
their mgrs/leaders (departmentation)
13. • Delegate authority with responsibility,and
establish a linking/coordination
mechanism
• Budget and allocate resources to the
implementing
divisions/departments/sections
• Formulate and state policies, work
plans,procedures, and the
models/manuals to guide the coherent set
of tactics (activities) to be used
14. • Operationalize those tactics in your
strategy
• Determine the necessary indicators for
measuring performance (participatory
styles of leadership/mgt)
• Build an information system to provide the
required accurate, adequate, and timely
feedback
• Establish a recognition and reward system
for motivating your staff
15. • Develop your staff and
inculcate/reinforce your firm’s
corporate values
• Establish an appropriate control
mechanism
• Evaluate performance, ascertain
gaps, provide feedback and take
corrective action where necessary
16. The McKinsey 7-S frame work for
effective implementation of strategy
(key success factors/pre-requisites)
• Strategy
• Structure
• Systems
• Style
• Shared values
• Staff
• Skills
17.
18. Revision Questions
1. “A good strategy with poor implementation
is like a poor strategy or no strategy at all,”
Discuss
2. Explain the McKinsey’s prerequisites for
effective implementation of strategy
3. Alignment of your strategy to other KSFs is
vital for competitive assurance of arrival to
where you want to be.Discuss
19. • Good strategy formulation alone will
not make your organization
successful. There are other elements
that must work and fit together with
the strategy to make an organization
realize its goals and objectives
competitively. Discuss the above
statements.
