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Implementation/Formulation Strategy Matrix

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Owen Skae
27
Owen Skae, Switzerland

Implementation/Formulation Strategy Matrix

Properly formulated strategies that are actively managed lead to success. The Implementation/Formulation Strategy Matrix has 4 quadrants to be considered when developing a strategy:
1. WISHFUL THINKERS
- Implementation: Not Managed
- Formulation: Comprehensive
- A strategy formulated, which looks and sounds grand on paper, but never gets off the ground.
2. MOON HOWLERS
- Implementation: Not Managed
- Formulation: Incomplete
- A fractured approach to developing a strategy. Implementation attempts half-hearted.
3. ON THE ROAD TO NOWHERE
- Implementation: Managed
- Formulation: Incomplete
- All resources made available to implement a strategy, but the strategy is not correct.
4. ACHIEVERS
- Implementation: Managed
- Formulation: Comprehensive
- The success stories.
By Owen Skae and Brian Barclay.

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Rating

  Margaret Abbott
2
Margaret Abbott, Honduras
 

IF Strategy Matrix in Spanish

Consulting in a world of moon howlers I will share when I find the proper expressions for my Spanish speaking customers. Great concept!

  Alfredo Ceballos
0
Alfredo Ceballos, Colombia
 

Implementation and Formulation of Strategy

I think this is a false dichotomy. Strategies must be first formulated and then implemented. No one can formulate and implement simultaneously any strategy.
They are two separate processes. One is planning, the other acting.
The real issue is if the formulation process takes into account the real possibilities of being implemented.
One sure way to get that is basing the formulation of the strategy on the actual capabilities of the firm. And these capabilities are shown by the results the company has obtained in the recent past.
The strategy so formulated is a results based strategy which has the best chances to be implemented.

  Jaap de Jonge
6
Jaap de Jonge
Editor, Netherlands
 

Implementation / Formulation Strategy Matrix

@Alfredo Ceballos : Could it be that's the whole point of the Implementation/Formulation Strategy Matrix: To remind firms they need to be strong in BOTH strategy formulation AND strategy implementation (using a bit of humor)? Of course not necessarily at the same time.

  smith
2
smith, UK
 

Formulating and Implementing the Strategy

@Jaap de Jonge (Editor): I agree having a strategy is important, and being able to implement it is just as important. Otherwise the desired vision / purpose will not be reached. A massive waste of time energy and effort.

 

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Participate


More on Strategy and Innovation
Methods, Models and Theories Discussion Topics
topic Should Executives Become More Strategic? Some Tips...
topic Operations Strategy versus Business Strategy
topic Mission: To achieve the Vision
👀Implementation/Formulation Strategy Matrix
topic Strategic Marketing Decision
topic What Makes a Person Into a Strategist?
🔥 Definition of Business Strategy (aka Competitive Strategy)
topic What is Strategic Quality Planning?
topic Main Factors of Strategy Formulation
topic Is Strategy Development a Chaotic Process?
topic What is Strategy? (process)
topic Standardization: Tactic or Strategy?
topic Difference Between Strategy Approaches and Strategy Concepts
topic The Role of the Board of Directors in the Strategy Process
topic What is a Strategy? (noun)
topic Organisational Development Strategy versus Business Strategy
Participate
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