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How to implement strategy more effectively

Author

Listed:
  • Nader Arvand
  • Mas Bambang Baroto

Abstract

To execute a strategy more effectively, this study develops a model modifying the resource-based 'McKinsey's 7S' through the industrial organisation point of view. To do so, the 'comprehensive strategic management model' and the article on 'how the balanced scorecard complements the McKinsey's 7S model' are employed. The model was tested on a transformer manufacturer, and findings prove that neither viewpoint is independently effective. Indeed, combining both views, this study employs the strategy formulation and management control system to contribute to resolving the most difficult stage of strategic management (implementation).

Suggested Citation

  • Nader Arvand & Mas Bambang Baroto, 2016. "How to implement strategy more effectively," International Journal of Business Performance Management, Inderscience Enterprises Ltd, vol. 17(3), pages 301-320.
    • Handle: RePEc:ids:ijbpma:v:17:y:2016:i:3:p:301-320
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    Cited by:

    1. Marcin Olkiewicz, 2018. "Quality improvement through foresight methodology as a direction to increase the effectiveness of an organization," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 12(1), March.

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