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IntroductionAn important component of successful strategy execution involves managerial actions to develop and strengthen organizational competencies and competitive capabilities, and to structure the overall work effort in ways that promote coordinated, competent performance of execution-critical value chain activities. Additional managerial tasks that shape the outcome of efforts to execute a company’s strategy include creating a corporate culture that promotes good strategy execution and leading the strategy execution process. This discussion will allow you to gather a more comprehensive understanding of these managerial tasks and how vital they are to ensuring optimal company performance.
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