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Impediments In Implementation Of A Business Strategy

Author: 
Anjali Vamburkar and Dr. Neeta Baporikar
Subject Area: 
Social Sciences and Humanities
Abstract: 

The complexity of the business environment has led to unprecedented importance of strategic planning and execution. Excellent organizations comprehensively measure and achieve outstanding results with respect to the key elements of their policy and strategy. Although formulating a consistent strategy is a difficult task for any management team, making that strategy work – implementing it throughout the organization – is even more difficult. Implementation of strategy calls for a systematic approach. But as observed by Adriana Knápková and Michaela Blahová in their article Effective Strategic Action: From Formulation to Implementation (2011), despite its importance, execution is often handled poorly by many organizations. The simple reason is that execution is extremely difficult. There are formidable roadblocks or hurdles that get in the way of the execution process and seriously injure the implementation of strategy. The research interest therefore is to study about the impediments in process of implementation of strategy with reference to the selected manufacturing companies.

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