In 2025, IMD released the report "AI Guide for Corporate Executives: From Strategy to Execution - Winning with Artificial ...

The first step in management refers to a company's strategy formulation, implementation and evaluation of its long-term business plans.

Adopting a mindset that promotes continuous prioritization of resources against strategic targets can help deliver strategy better.

Hence in this view, business unit managers are implementers, rather than formulators, of corporate-level strategy. In our view, business unit managers exert "upward influence" within corporations, ...

Strategy models are tools to help a company develop an action plan. They exist as blueprints for your business' growth. Saylor explains that strategy formulation is a process in which a company ...

Khanna, Tarun, Robyn C. Davis, and Stephanie R. Khurana. "Your Strategy—A Strategy Formulation Exercise for the General Management Program (GMP)." Harvard Business School Exercise 708-494, February ...

Citations: Ocasio, William, John Joseph. 2005. An Attention Based Theory of Strategy Formulation: Linking Decision Making and Guided Evolution in Strategy Processes. Advances in Strategic Management.