implementing strategy
... Implementation Strategy for PepsiCo Strategy ?Strategy is to have retraining for all the staff and have team work games to bond the staff as a team ? ... 6 Managerial components and potential problems for WIYCR For WIYCR, there are many managerial components of implementing the strategy. ... It is shaping the work environment and corporate culture to fit the strategy. ... WIYCR needs to exercise strategic leadership to drive the implementation of the strategy. ... WIYCR needs to build an organization with the competencies, capabilities, and resource strengths needed for successful strategy execution. ... WIYCR needs to allocate ample resources to strategy-critical activities. ... WIYCR must establish strategy-supportive policies and procedure. ... Lesson learnt and implication for future practices for WIYCR Mckinsey 7S theory is an attractive theory to ensure that all aspects of the business are aligned according to the new strategy the company is adopting. ... The 8 managerial components are more about how one should go about implementing a strategy. Patrick Dowd can use it as a tool to explain to Jim what he should do when implementing the strategy, and what he should expect the potential problems to be. ... 8 Conclusion A strategy is always not easy, as it usually involves high cost and requires the whole organization to change.