Comment on the following: An effective implementation of strategy in an organisation needs multiple supporting factors.

The development and selection of strategies to pursue in an organization is considered easier and less time consuming than implementing these strategies once they have been chosen. An effective implementation of strategy in an organization needs multiple supporting factors, which are as under: Action Planning: Organizations, to be successful in strategy implementation, need to develop a detailed action plan, i.e., chronological lists of action steps (tactics) which add the necessary details to strategies and assign responsibility to specific individuals or groups for accomplishing those actions. Organizational Structure: Successful strategists should also give proper thought to their organizational structure and see whether the current structure is appropriate for their intended strategy because different structures suit the implementation of different strategies. Human Resource Factors: Human Resource factors, through framing strategic plans, play a vital role in the successful implementation of strategies in an organization. The consideration of human resources requires management to think about the organization's communication needs. Further, managers successful at implementation of different strategies are aware of the effects of each new strategy that will have on their human resource needs. Annual Business Plan: Organizations successful at implementation are well aware of their need to fund their intended strategies. Monitoring and Control: Monitoring and controlling the plan covers a list of options to get back on course if the company should veer off.