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Essay text:
But strategy
and vision statements, by themselves, are just
words; almost all firms these days have well-articulated
visions and strategies—relatively few execute.
Execution depends upon how managers use the
organization's processes, structures, rewards, systems,
roles, competencies, and culture. Success
comes in the short-term, because organizations are
managed for internal congruence and consistency.
Then, these organizations start to grow so they
can handle higher volume. But, the only way
they can handle high volume throughput
is by installing structure, bureaucracy,
controls, systems, rewards, and procedures
for resource allocation...
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