What must be achieved for a company's strategy to be considered fully empowered?

For a company’s strategy to be considered fully empowered, it is essential that all pieces of the strategy unite cohesively. When a strategy is cohesive, it means that various components such as goals, resources, and actions are aligned and work synergistically towards the company’s overall mission. This alignment ensures that every part of the organization is pulling in the same direction, maximizing efficiency and effectiveness.

A cohesive strategy fosters clear communication and collaboration among different teams and departments, leading to a unified approach to achieving strategic objectives. When all elements are interconnected, it allows for a stronger execution of the strategy, as everyone understands their role within the broader context of the company’s aspirations.

In contrast, while resolving conflicts in organizational objectives, reviewing by the board of directors, and adjustments by the CEO are essential activities within strategic implementation, these actions do not necessarily ensure that the strategy is fully empowered if they do not result in a cohesive unity of the strategic components. Thus, uniting all pieces of the strategy cohesively stands as a critical requirement for a fully empowered strategy.