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The Oxford Handbook of Strategy Implementation (Hardcover)
Loot Price: R4,179
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The Oxford Handbook of Strategy Implementation (Hardcover)
Series: Oxford Handbooks
Expected to ship within 12 - 17 working days
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Good strategies can fail because they are poorly implemented.
Behind this straightforward statement is a complex reality. This
innovative volume explores various aspects of strategy
implementation, a process that is as challenging as it is
important. For strategies to be implemented effectively, firms must
have the right resources and capabilities available. Available
resources must be integrated in ways that create the capabilities
needed and then those capabilities must be leveraged to effectively
implement the strategy in order to create and sustain a competitive
advantage. This handbook focuses on how strategy implementation is
influenced by resources and governance, human capital and
management of it, and accounting-based control systems. It examines
how the dynamic, competitive, and international environment
increases the importance of knowledge and its acquisition,
effective governance as a signal of proper incentives, the
interaction of legality and legitimacy, and the connections between
compliance and enforcement. Because people implement the strategies
through the completion of their job tasks and achievement of their
job-related goals, the second section explores how changes in
workforce demographics have influenced and may influence strategy.
Major factors include the greater proportion of older workers and
the increasing role women play in leadership. Acquiring,
developing, and having a motivated work force is critical to
implementation, whether and how best practices spread is explored,
as is the effectiveness of setting goals. Controlling managerial
behavior plays a critical role in the implementation of strategies,
and is the focus of the third section on accounting-based control
systems. These can be helpful both in identifying inappropriate
behaviors and in promoting positive managerial actions to achieve
desired financial outcomes. They can also encourage experimentation
and creativity. The effectiveness of accounting and accountability
systems is influenced by four dimensions, including the intended
users, standards of compliance, enforcement criteria, and the
assurance process.
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