Page 18 - E2 Integrated Workbook STUDENT 2018
P. 18

Chapter 1




               6.3  Strategic implementation and review

               The strategy implementation stage involves drawing up the detailed plans, policies
               and programme necessary to make strategy happen. It will also involve obtaining the
               necessary resources and committing them for use in the strategy development.


               The last step in the rational model is review and control. This is a continuous
               process of reviewing both the implementation and the overall continuing suitability of
               the strategy. It will consider:

                    Does the strategy being followed still put the business on course for reaching its
                     strategic objectives?

                    Are the results from the corporate appraisal, on which the strategy is based, still
                     valid or have unforeseen threats or opportunities arisen which may necessitate
                     a reconsideration of strategy?

























































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