Strategy played major role to achieve the organizational goal and objectives. Although, strategy implementation is fundamentally different from strategy formulation because of strategy formulation means make the plan while the strategy implementation means apply the plan. Successful strategy formulation doesn’t guarantee for successful strategy implementation because both are different with each other. Differences of strategy formulation and implementation can be described in the following ways:- 1.
Strategy formulation is positioning forces before the action. It means in originations whatever we have made plans before starting business. Strategy implementation is managing forces during the action. when organization is ruining then organisation took many contingency decision according there situations. 2. Strategy formulation is primarily an intellectual process like –intuitive and analytical. Strategy implementation is primarily an operational process like – leadership, motivation & budgeting. 3.
Strategy formulation requires coordination among a few individuals like top management. Strategy implementation requires coordination among many persons like between staff of a company, good communication between top, middle and lower management. For example, each company took a different approach to environmental product strategies. That is showing difference between formulation & implementaiton in Table 1. TABLE -1 Oktoberdruck ZDL Alonzo Hickory Papers Increased use of paper with recycled content Majority of paper is recycled paper
The Business plan on Design Fashion Implementation Plan
The Blue Group selected online personalized fashion as its product to implement. The idea for My Design Fashion is to create a new business or expand an existing business that allows shoppers to select pieces of clothing and design them to their personal fashion tastes. Online tools such as a virtual dressing room will be provided to provide an even more personalized experience. Previously this ...
100% post-consumer paper as house stock No recycled paper unless requested Inks Vehicles in inks are 80% vegetable oil Uses soy-based ink Always uses soy based ink No vegetable oil ink Each company took a different approach to the use of “environmentally-friendly” inks and paper. While Alonzo Printing uses 100% post-consumer paper for their house stock, Oktoberdruck and ZDL increasingly offer recycled paper as a house stock and Hickory prints on recycled paper if that is requested by the customer and the customer is willing to pay the extra cost.
it was partly because Alonzo (in California) and Oktoberdruck and ZDL (in Germany) had a customer base that was more likely to value recycled paper. Reese at Hickory, does not feel the environmental benefits of using recycled paper as the three other companies do. the biggest environmental impact is the reduction of waste. But the scrap or recycled paper should be limited to products of lesser quality because the production of high quality recycled printing papers causes other environmental problems.
There was evidence that national context may have also had an influence on how strategy is implemented. Both German firms had a more focused on goal setting than their American counterparts. In ZDL’s case, the Results of process improvements are compared with other newspaper printing firms. Oktoberdruck primarily benchmarks companies that are EMAS-certified or have environmentally- sound technology. It may be that these differences are elaborate the difference between strategy formulation & implementation.
