Question 66
Discuss the traps faced during the process of implementing strategy. [2 Marks]
Expert Answer
The traps faced during the process of implementing strategy are as follows:
- If you are overconfident and consider only assumptions and not the facts in decision making process.
- When there is lack of frame control and you are trying to solve wrong problems instead of concentration on the real problems.
- If you have short-sightedness and not think about what could possibly go wrong.