Question

Do you agree/disagree with the following statement: "The two best signs of good strategy execution are that a company is meeting or beating its performance targets and is performing value chain activities in a manner that is conducive to company wide operating excellence." Please be sure to support your stance. (min 200 words)

Answer 1

Yes, I totally agree about the fact that the two best signs that a company should show while effectively implementing and execution its strategy are to meet and to beat it’s strategic goals as well as perform the value chain analysis in such a manner which is conducive to the organisation’s huge and wide range of operating excellence. To know more about this statement, I would like to take the example of Amazon:

1: Amazon has effectively established its goal and objective which is to be the earth’s most customer centric company anyhow. This statement is even mentioned in its mission and vision statement. Thus, the company tries its effective and efficient techniques and strategies anyhow to meet with this strategic objective. This not only provides direction but also helps to evaluate and check how far or close they are with the strategy being implemented.

2. The second thing that Amazon would talk about is to provide value. By having this customer centric approach all around the world, the message of delivering value in every small element of its organisation is being effective communicated to make the people and customers understand that the value based analysis is being performed at every level of the organisation and with every stakeholder to achieve sustainability which Amazon has duly achieved.