4. Strategy implementation
Implementing the strategy involves translating vision, mission, values and objectives into plans; deciding who does what, how, with whom, when and how; developing operation plans, system performance management, dashboards; aligning processes, resources and intangible factors on the objectives; aligning management practices and performance indicators; developing implementation and contingent plans, budgets; anticipating problems and working out preventive actions; finally, communicating strategies to all persons concerned.