Model of Successful Strategy Execution: Revising the Concept

Abstract

The purpose of this research is to examine the relationship between the elements of the Eight "S" model that affect strategic implementation and results achieved by companies. The main research question, to which the author sought an answer, was whether there was a relationship between individual elements that affect strategy implementation and the effects it brings in revenue growth. The survey covered 200 of the best-ranked Polish companies (where revenues constituted one of the ranking criteria) where the level of strategic implementation was considered satisfactory. Testing of the research hypotheses has shown that the factors defined as Resources and Shared Values have a minor impact on the strategy implementation. The research also has shown that there is an additional element that could be incorporated into the model - the system of informal communication. In addition, the paper describes the interrelations between elements of the model. Key words: implementation model, informal communication, strategy execution.

Strategy implementation: the role of middle manager leadership and coordination

“…(2018), who found that sales manager transformational leadership behavior significantly and positively influenced the SI commitment of sales associates, which in turn positively impacted sales group performance. Additionally, MM leadership has been found to significantly affect the motivation of employees to implement strategic initiatives related to SIE and revenue growth (Radomska, 2014). These examples support the idea that MM leadership plays a critical role in SIE because MMs must “reinforce strategy; allocate resources for it, deal effectively with resistance to it, and convince employees that the new initiative is important and in their best interests.” (O'Reilly et al ., 2010, p. 105).…”

Effect of Organizational Soft Elements on Implementation of Strategic Plans: A Case of County Assemblies of Coastal Counties of Kenya

“…Staffing Processes: Staff processes focus on the processes undertaken by the organization to ensure that it has the right quantity and quality of staff available. This includes processes in recruitment, training and development, rewarding and motivation (Radomska, 2014). An organization requires effective processes to ensure that it has employees with the rights skills and capabilities.…”