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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, Rainer Hampp Verlag, vol. 15(3), pages 207-236.
    • Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2010_03_cater
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    File URL: http://www.hampp-verlag.de/hampp_e-journals_JEMS.htm#310
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    Citations

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    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. 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.
    3. 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.
    4. Jiří Fotr, 2016. "Practices, methods and tools for project portfolio management," Ekonomika a Management, Prague University of Economics and Business, vol. 2016(4).
    5. 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).
    6. 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.
    7. Wołczek Przemysław, 2019. "Solutions Supporting The Strategy Implementation – Model Proposal," Management Sciences. Nauki o Zarządzaniu, Sciendo, vol. 24(2), pages 49-59, June.
    8. 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.

    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

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