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Develop the Strategy: The Starting Point for Strategy Execution

Reference: HBS-7685BC-E
Number of pages: 36
Publication Date: Aug 4, 2008
Source: HBSP (USA)
Type of Document: Book Chapter

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Description

Having a comprehensive and integrated management system, with the Balanced Scorecard at its core, can help companies through the strategy execution process. This chapter contains a detailed description of the first steps in the strategy development process: clarifying the organization's mission, values, and vision; conducting strategic analyses; and formulating the strategy. This chapter is excerpted from "Execution Premium: Linking Strategy to Operations for Competitive Advantage."

Keywords

Balanced scorecard Corporate vision Execution Mission statements Process improvement Strategic analysis Strategy formulation Values