How to Resolve the Strategy Implementation Problem

To execute the strategy implementation more effectively, this study proposes an integrated model combining the resource-based view of 'McKinsey 7S' and the industrial organization point of view. The model was tested through collecting primary data from employees of a disguised transformer manufacturer (TRANSCO). The findings prove that neither the resource-based nor the industrial organization is effective independently towards solving the strategy implementation problem, although the study suggests that the resource-based view is more reasonable than the industrial organization viewpoint. Indeed, the model of this study, which combines both viewpoints by employing the strategy formulation and the balanced scorecard, offers a more comprehensive solution and contributes to resolving the most difficult stage of strategic management-strategy implementation.

Autorentext

Nader Arvand did his BSc in Civil Engineering (2007) at the Islamic Azad University, Iran. He is also an MBA (2013) from Universiti Teknologi Malaysia.Mas Bambang Baroto holds Doctorate degree in Management Technology (2002) from Twente University and is an Associate Professor at International Business School of Universiti Teknologi Malaysia.