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Implementation of Business Strategy

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Under what conditions would it make sense to cancel or reverse the implementation of a strategy? What would be involved in canceling a strategy? Is it likely that substantial funds have been invested, new people have been hired or current people retrained, new equipment purchased, new facilities constructed, supplier contracts negotiated, and marketing campaigns launched. Does the company simply forget all that effort, or does it try to redirect it in a slightly different strategic direction?

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Solution Summary

This response addresses the implementation of a strategic plan and how a company must respond if the plan doesn't fit the businesses' model of operation.

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Under what conditions would it make sense to cancel or reverse the implementation of a strategy? What would be involved in canceling a strategy? Is it likely that substantial funds have been invested, new people have been hired or current people retrained, new equipment purchased, new facilities constructed, supplier contracts ...

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Stephen Washington, MS
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  • MS, Prairie View A&M University
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