Web• Formulation and implementation processes and reforms are interdependent – two sides of the same coin • for example both require reliable information on actual revenues and expenditure • And lack of a comprehensive budget may complicate implementation – for example separate timetable and rules for capital budget, extra-budgetary funds WebStrategy formulation and strategy implementation are two sides of a coin. And organizational managers create, hold, and maintain this coin with a careful look at both sides. In an endeavor to avoid organizational drift and lackluster results, managers of today’s organizations must proactively shape their organization’s business.
Chapter 8: Strategy Formulation and Implementation Flashcards
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FORMULATION English meaning - Cambridge Dictionary
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