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Effective Strategic Action: From Formulation to …
Effective Strategic action : From Formulation to implementation Michaela Blahov Centre for Applied Economic Research, Faculty of Management and Economics Tomas Bata University in Zl n Zl n, Czech Republic Adriana Kn pkov Department of Finance and Accounting, Faculty of Management and Economics Tomas Bata University in Zl n Zl n, Czech Republic Abstract - Formulation and implementation of business strategies is often connected with CEOs, corporate heads of strategy or shareholders. A brilliant strategy may put a company on the competitive map and increase its performance. Unfortunately, most companies struggle with implementation . Enterprises generally fail at execution because they go straight to structural reorganization (which produces only short-term gains) and neglect the most powerful drivers of effectiveness decision rights and information flow.
Effective Strategic Action: From Formulation to Implementation Michaela Blahová Centre for Applied Economic Research, Faculty of Management and Economics
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