Good Strategy execution is the result of n number of decision made everyday by e

Question

Good Strategy execution is the result of n number of decision made everyday by employees and management who worlk according to the information they receive from top management and internal/external environment as well as their own self interest.

Best practice initiatives -

TQM -

TQM is a tactic that business take to enhance quality and fulfill client's specification by managing processes of the business and the strategy needs involvement from everybody inside the company. The quality improvement groups process adjustments and reporting to determine imperfections in processes and thus rectify them for proper strategic execution.

Information and Operating Systems -

Company strategies cannot be implemented without support systems to carry on the business operations. State of art support systems not only facilitate better strategy execution but also strengthen the capabilities of the organisation and give a competitive advantage. Big Data analytics ois a recent initiative from information system field that provides business potential to better estimate demands and consumer habits.

Explanation / Answer

Discuss how Best-Practice Initiatives, TQM, and Information and Operating Systems collectively can facilitate good strategy execution.

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