Strategy Implementation and Control. In the previous chapter we had seen formulation of functional strategy and here So here we can see on the X axis we have Strategy Implementation and on the Y axis we have Strategy Formulation. Now the desired one is block B, right, which gives you a good combination of sound and implement which is excellent. This is the desired state which all the organisations would love to be.
Now many managers fail to understand the relationship between strategy formulation and strategy implementation. A company will be successful only when strategy formulation is sound and implementation is excellent. So the matrix in the figure below represent various combination of strategy formulation and implementation. Now strategy formulation and implementation matrix.
The figure show the relationship between Second, strategy formulation forces on effectiveness, whereas implementation on efficiency, remember, bacha log. Formulation is primarily an intellectual process. Implementation is primarily an operational process. Formulation requires good intuitive and analytical skills. Herein implementation requires special motivation and leadership skills. Formulation requires co-ordination among a few individuals. Wherein implementation requires combination among many individuals. So this is the distinguish between Formulation and Implementation.
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