STRATEGIC FORMULATION VS. STRATEGY IMPLEMENTATION

Strategy Formulation Vs. Strategy Implementation

Strategy Formulation				Strategy Implementation
¨       Strategy      formulation effectiveness.		focuses	on	¨       Strategy efficiency.	implementation	focuses	on
¨       Strategy formulation intellectual process.	is	primarily	an	¨       Strategy implementation is primarily an operational process.
¨       Strategy          formulation          requires conceptual intuitive and analytical skills.				¨       Strategy      implementation       requires motivation and leadership skills.
¨       Strategy formulation requires coordination among the executives at the top level.				¨       Strategy implementation requires coordination among the executives at the middle and lower levels.

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