Implementation - Kaplan and Norton, 2008 + Collis and Rukstad, 2008

7 important questions on Implementation - Kaplan and Norton, 2008 + Collis and Rukstad, 2008

What is the major problem with implementation according to the article written by Kaplan and Norton, 2008?

The strategy formulation and implementation, that is operationalisation, are treated independently, but they are connected.

When looking at the strategy formulation, from Collis & Rukstad, which is in essence also a part of your scenario. In what way?

In your strategy formulation you start with objectives (targets), the customer that your scenario links to these targets.
Does the scope of the strategy formuation, match with the scope of the scenario.
The advantage of how to compete should also be represented in your scenario.

In terms of the advantage (Collis & Rukstad, 2008), the how to compete, how should this then be represented in your scenario?

Give a clear value proposition, where the scenario will say what the added value (competitive advantage) and also link it up with the combination of activities (activity system map).
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

What are the combination of activities (Collis & Rukstad, 2008) that are referred to in the strategy formulation, and again taken up in the scenario?

The key processes, capabilities, technical and organisational enablers that will play a role here.

Which stage in the Closed-Loop Management System does the (Collis and Rukstad, 2008) Strategy Formulation represent? Which 3 steps can be distinguished?

Stage 1: Develop the strategy
  1. Define mission, vision and values
  2. Conduct strategic analysis
  3. Formulate strategy

What is a management system?

Integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both.

What will the Closed-Loop Management System allow a company to do?

Forge tight links between strategy and operations in a 5-stage system.

The question on the page originate from the summary of the following study material:

  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Remember faster, study better. Scientifically proven.
Trustpilot Logo