Improving the Efficiency of Strategy Execution

Please find further information on the research project below.

Improving the Efficiency of Strategy Execution

Strategy execution is regarded as one of the most critical aspects of strategic management. A common saying implies that “Successful strategy is 10% strategic thinking and 90% execution.” Despite this practical wisdom, there is surprisingly little analytical research on strategy execution examining the determinants of strategy execution challenges, how these challenges differ across individuals, teams and organizations, and how overall strategy implementation capabilities can be improved. Starting on an individual level, we analyze personality and leadership on cascading hierarchical levels of the organization (CEO, top management team, middle management) as antecedents of successful strategy execution. We then extend those insights towards team- and organizational level dimensions. In this research project, we aim at defining key strategy execution challenges faced by firms and subsequently at developing means to overcome these taking a multi-level, multiple perspective approach.

Chair Prof. Dr. Dr. Tomi Laamanen