1. The document summarizes a study on key success factors for strategy implementation in Latin American companies. It identifies five dimensions of strategy implementation: the role of management actors, prioritizing actions, control and follow-up tools, and ensuring successful implementation. 2. The study found that CEO and management actors play an important role, firms prioritize actions before implementing strategy, control and follow-up tools are deeply valued, and firms focus their resources to ensure successful strategy implementation. 3. The results support the hypothesis that the five dimensions are significant factors of strategy implementation success.

1. Key success factors for strategy
implementation in Latin America
Presenter: Caine Chen
Instructor: Dr. Pi-Ying Teresa Hsu
Date: May 12, 2015
research writing and publishing

2. Citation
Brenes, E. R., Mena, M., & Molina, G. E.
(2008). Key success factors for strategy
implementation in Latin America. Journal of
Business Research, 61(6), 590–598.
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3. Content
A. Introduction
B. Literature Review
C. Method
D. Result
E. Suggestion
F. Reflection
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4. Introduction
1. Background
2. Purpose of the study
3. Research Questions
4

5. Introduction
Growing competition among Latin American companies,
both at local and international levels, leads to increased
interest in establishing processes aimed at reviewing
their business strategies.
(Govindaran & Gupta,
2001)
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Background

6. Introduction
(1) Focusing on local business
(2) Based on empirical data about company performance in
terms of strategy formulation and implementation
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Purpose key success factors

7. Introduction
1. How important is the role of the CEO and
management actors?
2. Do firms prioritize actions prior to implementing
strategy?
3. Are control and follow-up tools valued?
4. How is a successful strategy implementation ensured?
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Research Question

8. Literature Review
1. five dimensions
2. most successful and less
successful
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9. five dimensions
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10. most successful and less successful
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relies on a subjective measure attained
in implementing the business
most
successful
responding with 4 or 5 in the Lykert scale
less
successful
the rest

11. Methodology
1. Participants
2. Instrumentation
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12. participants and sampling
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Participants company size
mail to 300 companies
all over Latin America
1.family business firms
2.private firms
3.state-owned firms
4.firms with local and
multinational scope

13. based on a Lykert-type scale (1 through
5, going from very low, low, middle,
high, and very high,) to measure the
effect of the components indicated and
to evaluate the perception about the
degree of success in implementing
business strategy.
Instruments

14. Discussion of results
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15. 15
Discussion of results

16. Conclutions
16
(1) How important is the role of the CEO and
management actors?
(2)Do firms prioritize actions prior to
implementing strategy?
Deeply concern
Yes

17. Conclutions
17
(3) Are control and follow-up tools valued?
(3)How is a successful strategy implementation ensured?
Deeply concern
Focusing their resources

18. Suggestions
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1. ..results suggest that the original hypothesis is supported
regarding the significance of these five dimensions..
2. ..the study provides data to establish the appropriate
order of importance for the components in each
dimension..

19. Reflections
Future research in this field could aim at comparing,
through the use of the same conceptual framework (or
a similar one), the behavior of companies located in other
areas of the emerging world.
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20. Thank you
Every day the people I meet inspire me.
Every day they make me proud.
research writing and publishing
20
(Michelle Obama)