9.1.2 Why the Implementation is important?

It is not unreasonable to say that a bad plan carried out well works better than a good plan carried out poorly.

The successful implementation of every strategy is based on several practical observations:

  • 80% of something is always better than 100% of nothing. Do not wait for the ideal opportunity or the perfect strategy. Start today; do not look for a reason to postpone it. Do not loose time.
  • Be persistent. Do not give up when you encounter the first problem.
  • Be flexible. All strategies are based on assumptions and a good manager compares the goals with results at least on a quarterly basis in order to maintain a proper focus. However, in a very dynamic environment, more serious changes to the strategy have to be made.
  • Everything relies on your commitment. When you know what you want and you have funds, do not compromise. If you want to start a new product line, find suitable people, raw materials, equipment and technologies. Anything less jeopardizes the achievement of your goal.