The Relation between Strategy Formulation and Strategy Implementation


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The Relation between Strategy Formulation and Strategy Implementation

 

Successful strategy formulation does not guarantee successful strategy implementation. Strategy implementation is fundamentally different from strategy formulation. Strategy formulation and implementation can be contrasted in the following ways:

 

 

STRATEGY FORMULATION STRATEGY IMPLEMENTATION
 

Strategy formulation is positioning forces before the action.

 

 

Strategy implementation is managing forces during the action.

 

 

Strategy formulation focuses on effectiveness.

 

 

Strategy implementation focuses on efficiency.

 

 

Strategy formulation is primarily an intellectual process.

 

 

Strategy implementation is primarily an operational process.

 

 

Strategy formulation requires good intuitive and analytical skills.

 

 

Strategy implementation requires special motivation and leadership skills

 

 

Strategy formulation requires coordination among a few individuals

 

 

Strategy implementation requires combination among many individuals.

 

 


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