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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 713 |
Essay's paper body
In organizations, strategy must be executed to achieve intended results. The best strategy in the world is useless if it is not implemented successfully. The implementation of strategy is one of the most important and one of the most difficult activities to accomplish.
Most companies have strategies...
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Yet, according to a recent study, between 70% and 90% of organizations, that have formulated strategies, fail to execute them (Strategy Implementation and Realization, Retrieved January 20, 2006). While organizations understand the importance of strategy and its effective implementation, the actual realization often falls short of the goals that the firm has set for itself...
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