Question: Good strategy execution requires that top management be deeply involved in directing the proper kinds and amounts of resources to the enterprise's various organization units
Good strategy execution requires that top management be deeply involved in directing the proper kinds and amounts of resources to the enterprise's various organization units and strategycritical value chain activities because
such top management involvement is essential for a company to achieve a competitive advantage over rivals based on superior resources and capabilities.
wise resource allocation and tight budget control are management's two most powerful techniques for promoting firstrate strategy execution at the lowest feasible cost
it helps focus organizational attention on prudent spending practices and reinforce a company's push for operating in a very costefficient manner.
changes in strategy and efforts to improve execution of an existing strategy typically entail budget reallocation and resource shiftingsome organizational units especially those performing executioncritical activities in the new strategy may need additional resources whereas previously important units with a lesser role in the new strategy may require fewer resources.
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