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Strategic management
1. Strategy planning Strategy plan is define as what a business wants to achieve & also lays down on action plan in the market place as to how to achieve. The basic objective of any corporation is to survive in the market & sustain itself by creating value to all stakeholder in the dynamic business world.
7. Poor communications among team members responsible for decisions in implementation. Expectations and opinions are not shared openly, thoroughly, and effectively."
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10. A strategy document almost never actually states what is to be done from day to day and a way for employees to track their actual progress.
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12. What are the symptoms when there is no motivation/personal ownership?
13. Inability of individuals to view strategic planning an important and exciting part of their job."
16. Lack of initiative at the lower levels of implementation, the 'front lines'. In summary is this prediction: "The project will never succeed if there is no emotion or passion involved."
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18. When the implementation phase begins there is not enough follow-through -- or follow-up for that matter -- from senior management." “