The Nine ‘S’ Model for Strategy Implementation: A Review
| Autor: | Faustina Oduro Twum, Yaw Agyeman Badu, Peter Agyyekum Boateng |
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| Jazyk: | angličtina |
| Rok vydání: | 2024 |
| Předmět: | |
| Zdroj: | Pan-African Journal of Education and Social Sciences, Vol 5, Iss 1, Pp 18-27 (2024) |
| Druh dokumentu: | article |
| ISSN: | 2789-0058 2789-0066 |
| DOI: | 10.56893/pajes2024v05i01.02 |
| Popis: | This review analyzes the progression of strategic planning and implementation models from McKinsey 7’s’ to Higgins 8’s’ and then to the 9’s. It examines how these frameworks improve strategy plan execution, leading to better organizational performance and competitive advantage. Integrating empirical and theoretical findings, the analysis compares these models, emphasizing leadership roles, the nexus between internal and external factors, and the critical integration of supply chains, goal-setting, and synergy. The study reveals that although McKinsey and Higgins’ models offer initial insights into implementing strategies, they do not address the complexities between the organization’s components. On the other hand, 9 ‘S,’ which encompasses supply chain, objective focus, and synergy, offers an integrative approach to refining strategic execution and operational efficiency. The recommendation for organizations is a shift towards the 9’S’ model, surpassing previous frameworks by focusing on supply chain management, precise goal articulation, and fostering collaborative synergy. This approach will help businesses develop integrated implementation processes concerning changing business climates, enhancing management capabilities, and maintaining competitive strength. |
| Databáze: | Directory of Open Access Journals |
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