Which of the following is MOST critical for successful execution of a strategic plan?
A.
A well-defined budget
B.
Alignment of the organization structure specifically around the mission statement
C.
Translation of the strategy into short-term operating objectives
D.
Organization-wide communication of the vision
The Answer Is:
C
This question includes an explanation.
Explanation:
Successful strategy execution depends ontranslating broad strategic goals into actionable, measurable short-term operating objectives. This process ensures that daily activities and departmental plans align with strategic priorities, facilitating progress tracking and resource allocation. While budgeting, organizational alignment, and communication are important, without clear operational objectives, strategy remains conceptual and difficult to implement. The IASP SPP framework stresses the importance of breaking down strategy into operational terms as a core best practice for effective implementation.【IASP SPP Study Guide - Strategy Execution】【Kaplan & Norton, Balanced Scorecard】
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