What Challenges Do Leaders Face in Strategy Implementation?
Implementing a strategy can be challenging due to:
Resistance to Change: Employees may be resistant to new initiatives, making it difficult to achieve buy-in. Resource Constraints: Limited resources can hinder the execution of strategic plans. Poor Communication: Ineffective communication can lead to misunderstandings and misalignment. External Factors: Market changes, economic conditions, and competitive actions can impact the success of a strategy.