WHY GOOD MANAGEMENTOF STRATEGY MATTERS

WHY GOOD MANAGEMENTOF STRATEGY MATTERS

• Powerful execution of a powerful strategy is a proven recipe for success
• Crafting & implementing strategy are CORE management functions
• To qualify as WELL-MANAGED, a firm should
  • Have an attractive strategy
  • Demonstrate proficiency in executing strategy
• A good strategy is strong enough to overpower rivals & flexible enough to overcome obstacles
• Without proficient strategy execution, firm cannot achieve peak performance

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