In this article Robert S. Kaplan and David P. Norton talk about building and executing strategies through a closed loop managerial system involving development, translation, operation, monitoring and adaptation. Devising and implementing a solid business strategy is straightforward enough as long as the people involved communicate throughout the process. It is suggested daily meetings may be necessary in order to successfully implement a business strategy. Using the process laid out in this article any business has the ability to apply a successful business strategy.
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