1. How do policies aid strategy implementation? Illustrate a policy, an objective, and a functional tactic in your personal career strategy.
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Policies aid in strategy implementation by providing a framework, guideline or direction for various decision making in the organization. Policies provided a firm platform for all strategic decisions and implementation to take place as organizational management keep their policies in mind before finalizing any decision pertaining to strategy formulation or implementation. For example, let's say that the policy of the company is to mitigate the impact of its activities on the environment. Now, let's say that objective of the company is to reduce the cost structure by 10% ...
How do policies aid strategy implementation? Illustrate a policy, an objective, and a functional tactic in your personal career strategy.