Strategy implementation is the sum total of total of the activities and choices required for the execution of a strategic plan. It is the process by which strategies and policies are put into action through the development of programs, budgets, and procedures. 1. Chapter 8: Organizing for Action: You are an entrepreneur who has invented a new athletic shoe that is proven to reduce joint strain. You just started a new athletic shoe company to continue your research, and to produce, market and distribute the shoes. Your plan is to produce in Kitchener initially, and to sell in Canada before moving to other markets. In the table below we have identified the dominant issues and likely structures of the first 3 phases of the firm's organizational lifecycle: a. Describe the strengths and weaknesses of the different structures to address the dominant issue facing the firm. (fields are expandable) STAGE 1 STAGE 2 STAGE 3 Dominant Birth Growth Maturity issue Likely Simple Functional Divisional structure . Entrepreneur-dominated 2. Departmental managers 3. Head office functions and geographic General Managers or strategic business unit Presidents Strengths of this structure Weaknesses of this structure b. Explain how the owner or manager can prepare a company for its movement from Stage 1 to Stage 2. (field is expandable)