5.3.5
Managing Strategic Implementation
Managing Strategic Implementation
Managing Strategic Implementation
Businesses use strategies to achieve their aims and objectives.


Factors influencing strategies
Factors influencing strategies
- Businesses consider the internal and external environment when deciding and considering their strategic plans.
- The leadership of a business can affect its strategic plans and the implementation of a strategy.


Impact of implementing a new strategy
Impact of implementing a new strategy
- Implementing a new strategy can mean that the business experiences large cultural changes.
- Leaders are needed to guide the business through this period of change and ensure that employees are supporting the change and the business’ direction.


Importance of leaders for implementing new strategies
Importance of leaders for implementing new strategies
- Leaders often understand the process of change and their guidance and expertise can help make sure that any change is successful.
- Leaders often take responsibility for monitoring and reviewing any strategic changes and ensuring that appropriate actions are taken to address any concerns. Leaders may also delegate these decisions to others within the organisation.
- Leaders motivate and empower staff and ensure that employees are not resistant.


Communication
Communication
- The quality of communication within a business can affect its strategic plans and the implementation of a strategy.


Importance of communication for implementing a new strategy
Importance of communication for implementing a new strategy
- Communication involves employees and ensures that key stakeholders understand why change is happening. This can reduce employee resistance and support strategic change.
- Communication between functional areas is vital to ensure that all functions have the resources available to support the strategic change.
- Communication is vital to enable employees to report on and review the success of the change and relay this information to managers and leaders.
1Exploring Business
1.1Features of Business Organisations
1.2Organisation of Businesses
1.3Business Environment
1.3.1External Influences
1.3.2Political & Legal Change
1.3.3Economic Environment
1.3.4Social & Technological Environment
1.3.5Lifestyle & Technological Environment
1.3.6Corporate Social Responsibility
1.3.7The Competitive Environment
1.3.8Innovation
1.3.9Risk & Uncertainty
1.3.10Porter's Five Forces
1.3.11SWOT Analysis
2Marketing Campaigns
2.1Marketing
3Business Finance
3.1Sources of Finance
3.2Financial Planning
3.3Financial Statements
4International Business
4.1Globalisation
4.2International Business
4.3International Economic Environment
4.4Factors Affecting International Business
5Principles of Management
5.1Management & Leadership
5.2Theories of Motivation
6Business Decision Making
6.1Business Principles & Practices
6.2Quality Management
6.3Human Resources
6.4Documents & Business Decisions
Jump to other topics
1Exploring Business
1.1Features of Business Organisations
1.2Organisation of Businesses
1.3Business Environment
1.3.1External Influences
1.3.2Political & Legal Change
1.3.3Economic Environment
1.3.4Social & Technological Environment
1.3.5Lifestyle & Technological Environment
1.3.6Corporate Social Responsibility
1.3.7The Competitive Environment
1.3.8Innovation
1.3.9Risk & Uncertainty
1.3.10Porter's Five Forces
1.3.11SWOT Analysis
2Marketing Campaigns
2.1Marketing
3Business Finance
3.1Sources of Finance
3.2Financial Planning
3.3Financial Statements
4International Business
4.1Globalisation
4.2International Business
4.3International Economic Environment
4.4Factors Affecting International Business
5Principles of Management
5.1Management & Leadership
5.2Theories of Motivation
6Business Decision Making
6.1Business Principles & Practices
6.2Quality Management
6.3Human Resources
6.4Documents & Business Decisions
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