IDEAS home Printed from https://ideas.repec.org/a/nms/joeems/doi_10.1688-1862-0019_jeems_2010_03_cater.html
   My bibliography  Save this article

Factors of effective strategy implementation: Empirical evidence from Slovenian business practice

Author

Listed:
  • Tomac Cater
  • Danijel Pucko

Abstract

The paper’s purpose is to add to the body of knowledge on strategy implementation by systematically studying the activities for and obstacles to strategy execution on a sample of 172 Slovenian companies. The results show that managers mostly rely on planning and organising activities when implementing strategies, while the biggest obstacle to strategy execution is poor leadership. Moreover, the results of multiple regression analysis reveal that greater obstacles to strategy execution in the forms of inadequate leadership skills and employees’ reluctance to share their knowledge have a negative influence on performance, while adapting the organisational structure to the selected strategy as an activity for strategy implementation has a positive influence on performance.

Suggested Citation

  • Tomac Cater & Danijel Pucko, 2010. "Factors of effective strategy implementation: Empirical evidence from Slovenian business practice," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(3), pages 207-236.
    • Handle: RePEc:nms:joeems:doi_10.1688/1862-0019_jeems_2010_03_cater
    as

    Download full text from publisher

    File URL: https://www.nomos-elibrary.de/10.5771/0949-6181-2010-3-207
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cadez, Simon & Guilding, Chris, 2008. "An exploratory investigation of an integrated contingency model of strategic management accounting," Accounting, Organizations and Society, Elsevier, vol. 33(7-8), pages 836-863.
    2. L. J. Bourgeois & David R. Brodwin, 1984. "Strategic implementation: Five approaches to an elusive phenomenon," Strategic Management Journal, Wiley Blackwell, vol. 5(3), pages 241-264, July.
    3. Parsa, H. G., 1999. "Interaction of Strategy Implementation and Power Perceptions in Franchise Systems: An Empirical Investigation," Journal of Business Research, Elsevier, vol. 45(2), pages 173-185, June.
    4. Matthias Heyder & Ludwig Theuvsen, 2008. "Strategic management in the German brewing industry: Are there still differences between East and West," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 13(1), pages 10-39.
    5. Hugo Zagoršek & Vlado Dimovski & Miha Škerlavaj, 2009. "Transactional and transformational leadership impacts on organizational learning," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 14(2), pages 145-165.
    6. Polona Domadenik & Janez Prašnikar & Jan Svejnar, 2008. "Restructuring of firms in transition: ownership, institutions and openness to trade," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 39(4), pages 725-746, June.
    7. Gyorgy Malovics & Gabor Racz & Sascha Kraus, 2007. "The role of environmental management systems in Hungary - Theoretical and empirical insights," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 12(3), pages 180-204.
    8. Lester Lloyd-Reason & Atanas Damyanov & Ovidiu Nicolescu & Stuart Wall, 2005. "Internationalisation process, SMEs and transitional economies: a four-country perspective," International Journal of Entrepreneurship and Innovation Management, Inderscience Enterprises Ltd, vol. 5(3/4), pages 206-226.
    9. Brenes, Esteban R. & Mena, Mauricio & Molina, German E., 2008. "Key success factors for strategy implementation in Latin America," Journal of Business Research, Elsevier, vol. 61(6), pages 590-598, June.
    10. Noble, Charles H., 1999. "The Eclectic Roots of Strategy Implementation Research," Journal of Business Research, Elsevier, vol. 45(2), pages 119-134, June.
    11. Igor Gurkov, 2009. "Strategy process as formation and realization of corporate goals: The synthesis of surveys in Russian firms," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 14(1), pages 48-64.
    12. Eckhard Dittrich & Heiko Schrader & Christo Stojanov, 2008. "The development of small enterprises in Bulgaria, Czech Republic and the Russian Federation," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 13(2), pages 129-153.
    13. Gyorgy Malovics & Gabor Racz & Sascha Kraus, 2007. "The role of environmental management systems in Hungary - Theoretical and empirical insights," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 12(3), pages 180-204.
    14. John Hutchinson & Ana Xavier, 2006. "Comparing the Impact of Credit Constraints on the Growth of SMEs in a Transition Country with an Established Market Economy," Small Business Economics, Springer, vol. 27(2), pages 169-179, October.
    15. Eckhard Dittrich & Heiko Schrader & Christo Stojanov, 2008. "The development of small enterprises in Bulgaria, Czech Republic and the Russian Federation," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 13(2), pages 129-153.
    16. Labroukos, N. S. & Lioukas, S. & Chambers, D., 1995. "Planning and performance in state-owned enterprises: A multidimensional assessment," European Journal of Operational Research, Elsevier, vol. 87(3), pages 624-640, December.
    17. Matthias Heyder & Ludwig Theuvsen, 2008. "Strategic management in the German brewing industry: Are there still differences between East and West," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 13(1), pages 10-39.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jaime Rivera, 2019. "An integral model for the implementation of environmental policy strategy," Business Strategy and the Environment, Wiley Blackwell, vol. 28(5), pages 909-920, July.
    2. Olaka, Habil & Lewa, Peter & Kiriri, Peter, 2018. "Strategic leadership and strategy implementation in commercial banks in Kenya," KBA Centre for Research on Financial Markets and Policy Working Paper Series 27, Kenya Bankers Association (KBA).
    3. Kudryavtsev, D. & Kubelskiy, M., 2018. "Using Enterprise Architecture Management Methods and Technologies for Knowledge Structuring in Strategic Management," Working Papers 15112, Graduate School of Management, St. Petersburg State University.
    4. Wołczek Przemysław, 2019. "Solutions Supporting The Strategy Implementation – Model Proposal," Management Sciences. Nauki o Zarządzaniu, Sciendo, vol. 24(2), pages 49-59, June.
    5. Wesonga, Shitabule Inviolata. & Dr. Wanyama, Kadian Wanyonyi. & Dr. Mitalo Ruth, 2024. "Strategic Implementation Practices and Organizational Performance of Commercial Banks in Western Kenya," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 8(7), pages 1715-1739, July.
    6. Venance Shillingi Salum, 2017. "The Influence of Top Management and Organisation Resources on Implimentation of Strategic Plans in Public Sector: A Case of Selected Tanzania’s Executive Agencies," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(7), pages 101-124, July.
    7. Asa Romeo Asa & Dennis Tsanga & Christeline Januarie & Mekelaye Kamati, 2021. "Technological Innovation as a Strategy for Competitive Advantage within the Namibian Banking Industry," International Journal of Management Science and Business Administration, Inovatus Services Ltd., vol. 8(1), pages 68-72, November.
    8. Jiří Fotr, 2016. "Practices, methods and tools for project portfolio management," Ekonomika a Management, Prague University of Economics and Business, vol. 2016(4).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Simon Cadez & Albert Czerny, 2010. "Carbon management strategies in manufacturing companies: An exploratory note," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(4), pages 348-360.
    2. Rhys Andrews & Malcolm J. Beynon & Elif Genc, 2017. "Strategy Implementation Style and Public Service Effectiveness, Efficiency, and Equity," Administrative Sciences, MDPI, vol. 7(1), pages 1-19, February.
    3. Rhys Andrews & George A. Boyne & Jennifer Law & Richard M. Walker, 2012. "Strategic Management and Public Service Performance," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-34943-8, December.
    4. Dominic, Theresia & Theuvsen, Ludwig, 2015. "The Impact of External and Internal Factors on Strategic Management Practices of Agribusiness Firms in Tanzania," GlobalFood Discussion Papers 197072, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
    5. Michael Wyrwich & Ina Krause, 2011. "Coping with the market: Are there cohort effects for organisations in transition?," Journal of East European Management Studies, Rainer Hampp Verlag, vol. 16(1), pages 54-74.
    6. Tawse, Alex & Tabesh, Pooya, 2021. "Strategy implementation: A review and an introductory framework," European Management Journal, Elsevier, vol. 39(1), pages 22-33.
    7. Lucía Muñoz-Pascual & Carla Curado & Jesús Galende, 2021. "How does the use of information technologies affect the adoption of environmental practices in SMEs? A mixed-methods approach," Review of Managerial Science, Springer, vol. 15(1), pages 75-102, January.
    8. Liam Keenan, 2020. "The geographies of the institutional and industrial constraints on the financialization of German brewing," Environment and Planning A, , vol. 52(8), pages 1662-1680, November.
    9. P. Maik Hamann, 2017. "Towards a contingency theory of corporate planning: a systematic literature review," Management Review Quarterly, Springer, vol. 67(4), pages 227-289, August.
    10. Ron Berger & Ram Herstein & Avi Silbiger & Bradley R. Barnes, 2017. "Developing International Business Relationships in a Russian Context," Management International Review, Springer, vol. 57(3), pages 441-471, June.
    11. Thomas Schaefer & Thomas Guenther, 2016. "Exploring strategic planning outcomes: the influential role of top versus middle management participation," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 27(2), pages 205-249, May.
    12. Tabesh, Pooya & Mousavidin, Elham & Hasani, Sona, 2019. "Implementing big data strategies: A managerial perspective," Business Horizons, Elsevier, vol. 62(3), pages 347-358.
    13. Gurkov, Igor, 2013. "Why some Russian industrial companies innovate regularly: Determinants of firms’ decisions to innovate and associated routines," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(1), pages 66-96.
    14. Igor Gurkov, 2010. "Strategy techniques for the times of high uncertainty," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 15(2), pages 177-186.
    15. Domadenik, Polona & Far?nik, Daša & Pastore, Francesco, 2013. "Horizontal Mismatch in the Labour Market of Graduates: The Role of Signalling," IZA Discussion Papers 7527, Institute of Labor Economics (IZA).
    16. Quader, Syed Manzur, 2017. "Differential effect of liquidity constraints on firm growth," Review of Financial Economics, Elsevier, vol. 32(C), pages 20-29.
    17. Claude Berthomieu & Anastasia Ri, 2009. "Process and Effects of Financial Liberalization in Transition Countries: A Selective Literature Survey," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(4), pages 453-473, December.
    18. Babajide Oyewo & Venancio Tauringana & Babajide Moses Omikunle & Olusola Owoyele, 2022. "The global management accounting principles (GMAP) and the relationship between organizational design elements," Accounting Research Journal, Emerald Group Publishing Limited, vol. 35(5), pages 637-659, March.
    19. Pirozzi Maria Grazia & Agliata Francesco & Tuccillo Danilo & Pirozzi Francesco, 2021. "Defining the Integrated Performance Measurement Systems in Small and Medium Enterprises: An Advanced Model," International Journal of Business and Management, Canadian Center of Science and Education, vol. 14(12), pages 203-203, July.
    20. Rodney J. Scott & Robert Y. Cavana & Donald Cameron, 2016. "Client Perceptions of Reported Outcomes of Group Model Building in the New Zealand Public Sector," Group Decision and Negotiation, Springer, vol. 25(1), pages 77-101, January.

    More about this item

    Keywords

    strategy; strategy implementation; activity; obstacle; performance; Slovenia;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • P12 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Enterprises
    • P31 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nms:joeems:doi_10.1688/1862-0019_jeems_2010_03_cater. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nomos Verlagsgesellschaft mbH & Co. KG (email available below). General contact details of provider: http://www.nomos.de/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.