Question: What is the main difference between strategy formulation and strategy implementation? Strategy formulation is about improving the efficiency of operations, while strategy implementation is about

What is the main difference between strategy formulation and strategy implementation?

Strategy formulation is about improving the efficiency of operations, while strategy implementation is about designing and delivering products.

Strategy formulation is about executing strategies, while strategy implementation is about choosing those strategies.

Stategy formulation is about financial performance, while strategy implementation is about achieving a competitive advantage.

Stracey formulation is about selecting strategies, while strategy implementation is about putting those strategies into action.

Strategy formulation is about creating a company's organizational structure, while strategy implementation is about designing its coetrol systems and culture.

What is the main difference between strategy

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