Discuss the critical decisions that must be made during implementation to ensure the firm does not get mired in an innovative strategy that leads to disaster


• Ensure that management support and project goals are clearly understood and in the forefront of the organizing effort
• Assess the skills needed so the right people to meet the project objectives are involved with the process
• Set-up the infrastructure for the most likely scenario; but have contingencies for other strong possibilities
• Don't underestimate the influence of the internal culture and the external environment
• Set up a monitoring system that is an integral part of implementation and addresses potential technical and market risks

Business

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