Managerial Tasks in Strategy Execution
While companies must tailor their strategy-executing approaches to their particular situation, there are eight managerial tasks which are common elements in executing strategies. Review the eight components of strategy execution and develop a presentation which applies each of these components to an organization of your choice. Â Include at least three visual elements such as charts or graphs to complement your presentation.
Consider the following while developing your presentation:
Discuss what is involved in performing the eight key managerial tasks that shape the process of implementing and executing strategy.
Explore building resource strengths and organizational capabilities including: marshaling resources, instituting strategy-facilitating policies and procedures, adopting best practices, installing operating systems, and tying rewards to the achievement of good results.
Explain what role a companyâ€™s culture plays in executing these managerial tasks.
Present your findings in an 2-3 page presentation. Use the notes section to clarify your work. Â Cite your sources and apply APA standards for writing style to your presentation.