The true success of an organization depends upon effective formulation and implementation of strategies.
The true success of an organization depends upon
effective formulation and implementation of strategies. According to Thomas
Peters and Robert Waterman innovative companies are good at strategy
implementation. Effective managers often work back and forth between strategy
formulation and strategy implementation. In this process, there is a need to
understand the concept of Strategic Business Units (SBUs) and functional level
strategies. There is a need to understand the hen and egg dilemma-strategy
follows structure or structure follows strategy.
Tags : Strategic Management - Concept Of Corporate Strategy
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