Review the interview with A.G. Lafley, the CEO of Procter and Gamble (P&G) (link below). Considering the 5 steps of strategy making & executing discussed in chapter 2, please answer the following discussion question. Please discuss (50-100 words) the step associated with (Step 4)Implementing and Executing the Chosen Strategy, relate to pertinent comments by A.G. Lafley. https://youtu.be/FlurK3LeTpg K-R: Step 4: Implementing and Executing the Chosen Strategy

There are five key decisions in the Strategy Choice Cascade:
What is our winning aspiration?
Where will we play?
In what manner will we win where we have played?
What capacities must be set up to win?
What management frameworks are required to guarantee the capacities are set up?
Settling on methodology decisions is never simple since it implies doing a few things to the detriment of others. Technique is an iterative procedure in which the majority of the moving parts impact each other and ought to be considered together. For example, an association must comprehend its current abilities and think about them when choosing where to play and how to win later on. What’s more, it might likewise need to grow new abilities to help essential forward-looking where to-play what’s more, how-to-win decisions.
Most organizations have yearnings, normally encircled as a statement of purpose and vision. These corporate antiques aren’t unhelpful to procedure, however time and again they are theoretical and need setting; they illustrate a conceivable cheerful future that makes no reference to rivalry, to clients or to winning. Keeping in mind the end goal to be reasonable, an association must look to win in a specific place and especially, interpreting the dynamic glad future into characterized winning yearnings.
Strategy is not complex. But it is hard. It’s hard because it forces people and organizations to make specific choices about their future – something that doesn’t happen in most companies.
The core turned into the most principal where-to-play decision for P&G—an attention on core brands, geologies, channels, advances and customers as a stage for development. Subsequently, P&G stripped or de underline those organizations that did not fit inside that core: medicine pharmaceuticals and sustenance — both enormous and beneficial organizations — needed to go.
 
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