Modeling strategic performance factors for effective strategy execution

TLDR: This study not only reviews the SPFs in the context of effective performance management leading to effective strategy execution but also identifies linkages among the SPF to demonstrate the relative criticality of SPFs and how one SPF leads to another SPF.

Abstract: Purpose – The purpose of this study is to develop a model of strategic performance factors for effective strategy execution.Design/methodology/approach – This study uses multiple methods combining both the qualitative and quantitative research routes to unearth a more complete picture of the phenomenon facilitating accurate, generalizable, and practically useful theory.Findings – There is a lack of literature on strategic performance factors and their role in effective strategy execution, which turns out be a barrier to the success of strategy execution. This study not only reviews the SPFs in the context of effective performance management leading to effective strategy execution but also identifies linkages among the SPFs to demonstrate the relative criticality of SPFs and how one SPF leads to another SPF. Interestingly, the situation and actor factors, which were explained in a very limited way in traditional models, have emerged as the most influential strategic performance factors.Research limitations...