Literature Review
Busi 600 Literature Review
Andrew Fagan
Liberty University
Professor Erickson
Abstract
The literature research reviewed in this paper attempts to address the topic of strategy implementation. The paper tries to establish an academic case for previously researched material on this subject by reflecting on the diverse views published in the literature. The different views expressed combine to formulate research to establish relevance as well as importance in this step of the Strategic Management Process. In order to identify and discuss existing data and developments in strategy implementation, over twelve articles in scholarly academic journals containing “strategy implementation” or “strategy execution” as the key words were selected from various internet sources. The articles chosen are those that have identified themselves with major discussions on factors that influence strategy implementation.
Introduction
Strategy implementation is the process by which a selected strategy moves into action. It includes all activities and decisions necessary to execute the organization’s strategy in ways that best utilize its resources and capabilities. Strategy implementation works best when everyone in the organization is actively involved. Many factors influence the successful implementation of strategy. The success starts with the people who implement the strategy down to the systems in place for coordination and control. There is a need for the corporate and business world to understand these issues and their importance for successful strategy implementation. Reputable individuals and institutions on this subject and this literature research analyses existing research on the factors that influence strategy implementation and provides guidelines for possible future research in this field have published many academic articles.
Body
The analysis in this literature review is general – there is no attempt to differentiate the types of organizations.
Andrew Fagan
Liberty University
Professor Erickson
Abstract
The literature research reviewed in this paper attempts to address the topic of strategy implementation. The paper tries to establish an academic case for previously researched material on this subject by reflecting on the diverse views published in the literature. The different views expressed combine to formulate research to establish relevance as well as importance in this step of the Strategic Management Process. In order to identify and discuss existing data and developments in strategy implementation, over twelve articles in scholarly academic journals containing “strategy implementation” or “strategy execution” as the key words were selected from various internet sources. The articles chosen are those that have identified themselves with major discussions on factors that influence strategy implementation.
Introduction
Strategy implementation is the process by which a selected strategy moves into action. It includes all activities and decisions necessary to execute the organization’s strategy in ways that best utilize its resources and capabilities. Strategy implementation works best when everyone in the organization is actively involved. Many factors influence the successful implementation of strategy. The success starts with the people who implement the strategy down to the systems in place for coordination and control. There is a need for the corporate and business world to understand these issues and their importance for successful strategy implementation. Reputable individuals and institutions on this subject and this literature research analyses existing research on the factors that influence strategy implementation and provides guidelines for possible future research in this field have published many academic articles.
Body
The analysis in this literature review is general – there is no attempt to differentiate the types of organizations.
References: Allio, M. K. (2005). A short, practical guide to implementing strategy. Journal of Business 1(3) 61-89 Amos, T. (2010). Organizational alignment and strategy implementation. California Journal Of Business 11(5) 118-123 Birnbaum, B. (2010). Strategy implementation: six supporting factors. Business Journal On Strategy Implementation 2(1) 81-87 Boyce, S. Y. (2007). Intellectual capital and organizational capability. Journal of Business And Public Affairs 1(1) Certo S and Peter J, (1991), Strategic Implementation: concepts and applications, 2nd edition, New York: Mcgraw-Hill Irwin. Crittenden, V. L. and Crittenden, W. F. (2008). Building a capable organization. International Journal of Strategic Implementation 5(8) 181-192 Grant, R.M. (2010) Contemporary strategy analysis, 7th edition, Wiley: West Sussex. Ghorbal-Blal, I. (2010). The role of middle management. International Journal of Hospitality Management 13(2) Heid, M., Cronhaug,K. and Johannessen, S. (2010). Barriers to the Successful Implementation. Scandinavian Journal of Management 4(2) 12-19. Retrieved October 4, 2012. Hrebiniak, L. and Joyce, W. (2010). Implementing Strategy. Business Journal On Strategies 6(2) 18-26 Kaplan, R. S. and Norton, D. P. (2010). How to implement a new strategy. Harvard Business Review 4(2) 199-223 Khadem, R. (2010). Alignment and follow-up: steps to strategy. Journal of Business Strategy 29(6) 68-75 Hrebiniak, L. (2012). Making strategy work. Florida Business Journal 8(1) 45-56. Retrieved October 4, 2012. Meguc, B., Auh, S. and Shih, E. (2010). Transformational leadership. Journal of Business Research 8(1) 223-239 Okumus, F. (2010). Management Decision. Journal on Management Decisions 9(2) 1-19. Retrieved October 4, 2012. Ott, C, Kzatz, D., A. (2010). Strategy implementation factors. Texas Business Journal 2 (5) 123-138 Raps, A. (2010). Handbook of Business Strategy. Strategy implementation – an insurmountable obstacle? Journal of Finance and implementation 42(11) 128-147 4, 2012. Sterling, J. (2010). Strategy & Leadership. Journal of process and management 4(2) 87-92. Retrieved October 4, 2012.