Actions for strategy execution 1) shortening of strategy review cycle In such an
ID: 373633 • Letter: A
Question
Actions for strategy execution
1) shortening of strategy review cycle
In such an advanced business environment the pace of evolving is very fast so to meet up the demands the company should aim for quarterly meeting where the meetings are properly planned and the quick decision making can take place
2) balancing the short-term and long-term decisions
The management should have the ability to manage its short term and long term decisions by evaluating each and every possible strengths and threats to company and it's ability to compete in industry
3) measuring of the important indicators
The company managers should not waste the time by analysing or monitoring the old key performance indicators and should select the one which mattermost for the organisation for example access to Capital , cash position, exposure to risk.
Explanation / Answer
Three key actions for strategy execution
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