1. Strategy Implementation

2. Build Execution
Its often : “ Our strategy was great but failed to execute
60% of the company budgets are not linked to the strategy
30% staff incentives are not linked to strategy
Only 10% of the employee understand the strategy

3. FIVE critical steps of strategy implementation
Align your initiatives
Align budget and performance
Structure follows strategy
Engaging staff
Monitor and adapt

4. Managing Strategic Change during strategy implementation

5. Change
Changes takes place continuously within the organization to manage the operations. Japanizes believes small changes within the organization bring much more bigger results in the future (Kaizan).
The pace of change can be represented by two extremes.
Slow organizational change
Fast organizational change

6. What is strategic change
Strategic change is proactive management of change in organization to achieve clearly identified objective. Proactive means that company takes initiatives to manage new strategies to overcome a strategic issue or strategic opportunity( Consumer habit changes) and managing its impact on organizational employees.

7. Pressure points of strategic change
Strategic change is primarily with people and tasks they perform in the organization.
Understanding the pressure points for influencing such a change is important if the change is to be effective.
Its undertaken through formal and informal structure of the organization

8. Tychy's FOUR main causes of strategic change
Environment
Business relationships
Technology
People

9. Managing strategic change
Perspective approach to managing strategic change
Emergent approach to managing strategic change

10. Managing challenges of perspective change
Kert Lewin (1950) three step model
Unfreezing current attitude
Moving to a new level
Refreezing attitude at the new level