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A systematic Literature Review of the extant Body of Knowledge on how to successfully implement Strategy

Holowka, R.A.T. (2015) A systematic Literature Review of the extant Body of Knowledge on how to successfully implement Strategy.

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Abstract:In order to successfully implement a strategy – a feat that reportedly 70 per cent of organizations fail to do – management must recognize that strategy development and strategy implementation are not two separate activities, but interlinked. While there has been a substantial amount of work on strategy implementation over the past decades, there is no up-to-date literature review that combines these many findings. By systematically reviewing the articles on strategy implementation published in five highly ranked scientific journals, between 1980 and 2015, this paper contributes to reducing the existent gap in the literature. The findings of this study suggest that successful strategy implementation requires a hierarchical, three phase model: Plan, Communicate, and Manage, which managers can consult in order to increase their organizations chances of realizing its strategic vision.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Link to this item:http://purl.utwente.nl/essays/67359
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