10.3 Managing strategic implementation

Question 1

Factors influencing strategic plans and the implementation of strategy

Answer 1

• Internal and External environment
• Leadership

Question 2

Impact of implementing a new strategy

Answer 2

• Large cultural changes
• Leaders are needed to guid the business through the change and ensure the employees are supporting the change and the business’ direction

Question 3

What is the importance of leaders for implementing new strategies

Answer 3

• 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 delegate decisions to others within the organisation
• Leaders motivate and empower staff and ensure that employees are not resistant

Question 4

The importance of good quality communication for implementing a new strategy

Answer 4

• Involves employees and ensures that key stakeholders understand why change is happening : reduces 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
• Vital to enable employees to report on and review the success of the change and relay this information to managers and leaders