Factors Affecting Strategic plan Implementation In The Case of Addis Ababa city Administration Trade bureau
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Date
2021-06
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A.A.U
Abstract
The effective implementation of the strategy is the vital survival advantage of the organization. Several organizations might not keep their competitive benefits, although the organizations have developed a strong strategy. If it not effectively implemented, it will not be conducive to organizational growth and sustainability. Leaders of an organization must pay additional care to strategy execution due to the higher failure rates that happen at this phase. Therefore, effective strategy implementation needs a better understanding of the significant affecting factors that are imperative to implementation outcomes. The main aim of this study was to determine the major factors that influence the execution of strategic plans at the Trade Bureau of the Addis Ababa City Administration. The research followed a mixed research approaches that combined both explanatory and descriptive survey research design. The sample size was determined using a stratified random sampling procedure. The study included both primary and secondary sources of data. For the purpose of data analysis, the researcher used both descriptive and inferential statics through SPSS (statistical packages for social science) software and multiple regression models used. According to the result of the study, all these variables (quality of Leadership, availability and utilization of resource, effective and timely communication, and structure of organization and culture of the organization), significantly affect strategic plan implementation, and Leadership quality, in particular, is crucial. Leadership quality, lack of managerial commitment to perform tasks, The most significant variables impacting strategic plan execution are weak managerial abilities, such as the inability to assess instances, solve problems, and make decisions. A shortage of competent human capital (employees) during strategic implementation & technology is also affecting strategic plan implementation. Inadequate internal, external, and horizontal communication and information systems to monitor strategy implementation, the bureau's had highly formalized, rigid, and centralized structure, and a highly hierarchical structure that is unsupportive and does not promote staff consensus, commitments, and risk tolerance, and new ideas are the major obstacles to poor strategic plan implementation.
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Strategic plan, strategic plan implementation, leadership quality