Strategic Plan Formulation and Implementation Stages

Strategic Plan Formulation and Implementation arranges Nasser Mohammed Moosa Strategic Management, 2012, June table of contents 1. inst all(prenominal)ation3 2.Brief lit review3 3.Strategy Formulation stage Vs. Strategy Implementation stages.4 4.Case study.5 5.Conclusion6 6.References.6 1. mental hospital system is the track map and direction for any institution to set to purpose for the long term, also its a semipolitical program to compass a desired future for the organization, it includes the dream and mission in how to achieve the strategic goals and objectives. Strategic steering is an ongoing process that evaluates and controls the organization business; assesses its competitors and sets goals and strategies to chance all existing and potential competitors; and wherefore reassesses each strategy each year or quarterly to jell how it has been use and whether it has succeeded or involve replacement by a new strategy to meet changed circum stances, new technology, new competitors, a new economic environment., or a new social, financial, or political environment. Sometimes in humanity sector strategy is created to achieve the goals and to be achiever regardless of the competitor, because in the public and government sectors on that fountainhead are no competitions. 2.

Brief literature review colossal strategies are worth nothing if they cannot be implemented afterwards they are formulated and written (Okumus and Roper 1999). Mintzberg; Miller, Hambrick and white cinnamon 1989 that 50% percent from all formulated strategic contrive are not implemented and every failure in implementat! ion is a failure in formulation. implementation has been particularise as the process by which strategies and policies are put into carry through through the development of programs, budgets and procedures (Wheelan and Hunger pp15). Researchers found also that on that point are increasing evidence that strategy formulation is reach to the top executives personality and personal philosophy. In the real groundwork there are...If you want to get a full essay, mould it on our website: OrderCustomPaper.com

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