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Strategy implementation is an essential element in strategic management because even the most perfectly formulated strategy is at risk for failure due to poor implementation

Strategy implementation is an essential element in strategic management because even the most perfectly formulated strategy is at risk for failure due to poor implementation (Wheelen, et al., 2018). Five phases of strategy implementation are: (1) project conception and initiation, (2) project definition and planning, (3) project launch and execution, (4) project performance and control, and (5) project close

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