Study On Influencing Factors Of Effectiveness Of Strategy Execution

A brilliant strategy can put you on the competitive map, but only solid execution can keep you there.A successful strategy must be converted into action, and this is vital to the development of companies.Unfortunately, the majority of companies aren't very good at it.lt is of value to society to find how to execute strategies effectively.This dissertation reviews past literature, develops a conceptual model involving environmental dynamics, influencing factors and the effectiveness of strategic execution, and develops measures to test hypotheses in the model.This paper attempts to answer two questions:Firstly, which factors affect the effectiveness of strategy execution? Secondly, how does environmental dynamics moderate the relationships between influencing factors and the effectiveness of strategy execution? Two methods of theoretical analysis and empirical research have been adopted to answer the above two basic questions.We surveyed 133 companies by using questionnaires.During the data processing,we mainly used factor analysis, analysis of variances and multiple linear regression to verify hypotheses in the model.After quantitative analysis and theoretical exploration, some important conclusions are as bellow:(1) Environmental dynamics not regarded, strategy spread, system support and resource support are significantly positive to the effectiveness of strategy execution, but strategy specificity, strategy involvement and leader support don't significantly contribute to the effectiveness of strategy execution.(2)The moderation effects of environmental dynamics on the relationships between influencing factors and the effectiveness of strategy execution truly exist:the higher the environmental dynamics, the less the contribution of strategy specificity, strategy involvement and leader support, but the more the contribution of strategy spread.