Strategy implementation requires a firm to establish annual objectives, devise policies, motivate employees, and allocate resources so that formulated strategies can be
executed. Strategy implementation includes developing a strategy-supportive culture,
creating an effective organizational structure, redirecting marketing efforts, preparing
budgets, developing and utilizing information systems, and linking employee compensation to organizational performance.
Strategy implementation requires a firm to establish annual objectives, devise policies, motivate employees, and allocate resources so that formulated strategies can beexecuted. Strategy implementation includes developing a strategy-supportive culture,creating an effective organizational structure, redirecting marketing efforts, preparingbudgets, developing and utilizing information systems, and linking employee compensation to organizational performance.
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