Strategy formulation requires coordination among a few individuals, but strategy implementation requires coordination among many.

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Strategy formulation typically involves a select group of individuals, such as top executives or a strategy team, who develop the overall strategic direction and plans for the organization. In contrast, strategy implementation requires coordination and communication among many individuals throughout the organization to execute the strategy effectively. This includes managers, employees, suppliers, and customers who may be involved in various aspects of implementing the strategy.

Strategy Formulation Requires Coordination Among a Few Individuals, but Strategy