“…A recent study of senior executives (The Economist Intelligence Unit, 2013Unit, , 2017 argues that strategy implementation is a continuous, iterative process and not a top-down execution process of a few months duration (Jamrog et al, 2016). It is an iterative process of implementing different actions plans, policies and programs, and if it not treated as such it creates a risk to the success of the implementation (Harrington, 2006;Li et al, 2008). Strategy implementation is not just about executing a predefined set of actions, it is about executing the strategy according to the reality, responding to unknown situations, challenges and potentials that will arise.…”