mplementation
This step can make or break good strategies. If the strategic imperatives are not followed or selectively followed,
then the risk of not achieving the desired position is high. An SME with scare human resources can create a strategy team for this purpose. This team should:
Be trained in the strategic planning and implementation process.
Should be empowered to make changes, set things right or take strategic decisions.
Be incentivized for milestones and results.
Prepare a plan and schedule of the plan and manage the process
Identify key metrics before, during and after the plan period
They must meet periodically and show the results of the previous periods
Besides this, the top leadership should display a commitment to the strategic focus. Small celebrations of
achieving milestones is a good motivator as reported by one small firm (Keetronics, Pune)