Strategic Implementation Definition
When you are driving to work and decide to take a new, faster route, you are implementing a strategy. Strategic implementation is the execution of a plan to inspire a targeted outcome.
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Function
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In business, strategic implementation is a process that project teams use to get a strategy off the ground. According to the My Strategic Plan website, strategic implementation turns a plan into action, so organizational goals may be achieved.
Features
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There are different features of strategic implementation. Strategic implementation includes an order of operations/actions, time lines and milestones. The project budget plays a part in the implementation, too. According to the My Strategic Plan website, a 1999 cover story in "Fortune" magazine reported that 60 percent of businesses failed because they did not link their strategies back to their budgets.
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Work Breakdown Structures
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A work breakdown structure (WBS) is a map of all the steps that need to be taken to execute a strategic project. According to the Carnegie Mellon website, work breakdown structures are hierarchical depictions that list actions in the order in which they must occur.
Timelines
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Time management is an important part of strategic implementation because so many steps must be completed with a certain time frame. As a result, project managers create implementation schedules that estimate how long each step should ideally take to determine when the project will be finished.
Milestones
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Businesses use milestones to check the progress of implementation processes. If the implementation process is not where it should be by a certain milestone, it means the project is behind schedule.
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References
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