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lines Organizational performance improves New anizational structure is established Chandler’s StrategyStructure Relationship Copyright 2022 Prentice Hall Ch 729 Management Issues ? Structure dictates how objectives amp。 departmental) Copyright 2022 Prentice Hall Ch 719 Management Issues Consistency of Annual Objectives ?Across hierarchical levels ?Horizontally consistent ?Vertically consistent Copyright 2022 Prentice Hall Ch 720 Management Issues Annual Objectives Should State ?Quantity ?Quality ?Cost ?Time ?Be Verifiable Copyright 2022 Prentice Hall Ch 721 Management Issues Policies Facilitate the solving or recurring problems amp。 leadership skills Nature of Strategy Implementation Formulation vs. Implementation Copyright 2022 Prentice Hall Ch 712 ? Formulation requires coordination among a few individuals ? Implementation requires coordination among many individuals Nature of Strategy Implementation Formulation vs. Implementation Copyright 2022 Prentice Hall Ch 713 ? Varies among different types amp。 Pay to Strategies Managing Resistance to Change Copyright 2022 Prentice Hall Ch 75 Chapter Outline (cont’d) Managing the Natural Environment Creating a StrategySupportive Culture Production/Operations Concerns When Implementing Strategies Copyright 2022 Prentice Hall Ch 76 Chapter Outline (cont’d) Human Resource Concerns When Implementing Strategies Copyright 2022 Prentice Hall Ch 77 The Nature 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 n