What is the process for effectively executing strategy

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Reference no: EM133716521

Discussion Post: Strategy Formulation & Strategic Thinking- Effective Execution, Design / Focus & Decision Traps

Once a strategy has been developed, success depends on a solid process for effective execution. It is important to take the power of strategy design and the power of focus into consideration. Finally, good decision making relies on avoiding decision traps that can take the company down the wrong path.

Use the following outline:

1) Introduction

2) Process: Effective Execution of Strategy - What is the process for effectively executing strategy? Discuss the process of effectively executing strategy in no less than 200 words.

3) Strategic Thinking: Power of Design vs. Power of Focus - What is the power of strategy design and strategy focus, how do they compare, and why are they important? Discuss and compare the power of strategy design and focus and why they are important in no less than 200 words.

4) Decision Model - What Key Decision Traps should be Avoided? Discuss at least two key decision traps to avoid and why in no less than 100 words.

5) Conclusion.

Reference no: EM133716521

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