Q1: What would you expect to happen if you made significant changes in all of the text’s components of execution, in pursuit of a changed strategy?
According to Thompson (et al.) the first step of executing a strategy is ensuring that the organization has the necessary staff for execution. Quite simply, without enough numbers in terms of personnel and without personnel that possess the necessary skills to succeed, the strategy will not thrive. Attempts to ignore this fact will result in failure even with the best intentions. Even if functions are outsourced, the company must make sure that the staff at the other, contracted organization have the needed skills. The organization itself must also have the structure and capabilities (resources) to execute the strategy. This will differ between industries (some industries require a more hierarchical structure while others may benefit from more fluid arrangements) and the complexity of the strategy being executed but there must be a plan to deploy such needed resources.
After these starting-points are confirmed, then and only then can the organization begin to allocate its existing resources to execute the strategy and ensure that its policies support such strategy. Resource allocation is another component which cannot be significantly...
Work Cited
Thompson, Arthur A., Peteraf, Margaret A., Gamble, John E., & Stricklannd, A.J., Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases (20th ed.). New York, NY: McGraw-Hill Education, 2017.
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