Which is more important: the formulation of a strategy or the implementation of a strategy?

Part 1.

Which is more important: the formulation of a strategy or the implementation of a strategy? What are the challenges associated with your choice? Support your primary response with at least one scholarly source. Provide in-text citations and complete references for all sources used. 150 words

Part 2.

Read the “Staying on Course with Strategic Metrics” article. As a future health care administrator, you will be required to evaluate the strategies, efficiency, efficacy, and outcomes of your department or strategic business unit (SBU). After examining the article, analyze the strategic alternatives that result from monitoring strategic metrics pertaining to you in the role of a department or SBU manager. List at least two strengths and weaknesses of basing strategic alternatives solely on strategic metrics. Support your primary response with at least one scholarly source. 150 words

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