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re of Strategy Implementation ? The strategic management process does not end when the firm decides what strategy or strategies to pursue. ? There must be a translation of strategic thought into strategic action ? Even the most technically perfect strategic plan will serve little purpose if it is not implemented ? Implementing strategy affects an anization from top to bottom Copyright 2022 Prentice Hall Ch 78 ? Formulation positions forces before the action ? Implementation manages forces during the action Nature of Strategy Implementation Formulation vs. Implementation Copyright 2022 Prentice Hall Ch 79 ? Formulation focuses on effectiveness ? Implementation focuses on efficiency Nature of Strategy Implementation Formulation vs. Implementation Copyright 2022 Prentice Hall Ch 710 ? Formulation primarily an intellectual process ? Implementation primarily an operational process Nature of Strategy Implementation Formulation vs. Implementation Copyright 2022 Prentice Hall Ch 711 ? Formulation requires good intuitive amp。Ch 71 Chapter 7 Implementing Strategies: Management amp。 EEngineering Linking Performance amp。 sizes of anizations Nature of Strategy Implementation Strategy Implementation Copyright 2022 Prentice Hall Ch 714 ? Shift in responsibility Nature of Strategy Implementation Management Perspectives Division or Functional Managers Strategists Copyright 2022 Prentice Hall Ch 715 Management Issues Management Issues Resources Organizational structure Restructuring Rewards/Incentives Annual Objectives Policies Copyright 2022 Prentice Hall Ch 716 Management Issues (cont’d) Management Issues Supportive Culture Production/Operations Human Resources Resistance to Change Natu