Thread:Strategy Assignment I (12)

Luisa,

In terms of execution, the CEO has the ultimate responsibility to implement and monitor the success of the group strategy. The board has oversight duties to ensure that: - the strategy is in sync with the company vision and mission statement - effective implimentation - monitoring key benchmarks such as expenses, sales value and volume, etc...

On a day to day basis, the executive management has a duty to implement the strategy and support the CEO.