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Strategy implementation
consists of putting plans in place by formulating a
strategy to achieve the organization's goals and
objectives.
It can also be described as the way a business might
develop, use, and integrate the organizational hierarchy,
systems, and culture to pursue strategies that will result
in competitive advantage and improved performance.
The strategy will be specific actions that will realize the
goals.
Why Do We Need a Strategy?
Organizations need strategies, which assist them with
answering specific questions regarding the goals of a
business. There are three main questions:
Who are the people that make up our target market?
What is the value proposition that we will use to
differentiate our products and services from our
competitors?
Gantt charts