Strategic management a competitive advantage approach. Strategy execution презентация

Learning goals…

Strategy Execution

Transitioning from formulating to implementing strategies

The need for clear annual objectives

The need for Clear policies

Allocate Resources and manage Conflict
Allocate Resources

Allocate Resources and manage Conflict
Manage Conflict

Match structure with strategy
cv

Match structure with strategy

Types of organizational structure
The Functional Structure
The Divisional Structure
The Strategic Business Unit (SBU) Structure
The Matrix Structure

The Functional Structure

The Divisional Structure

The Strategic Business Unit (SBU) Structure
-
Requires an additional layer of management.
Role of vice presidents is ambiguous.
+
Improved coordination and accountability.
makes planning and control more manageable.

The Matrix Structure

Do’s and don’ts in developing organizational Charts

Strategic production/operations issues
Restructuring and Reengineering
Manage Resistance to Change
Decide Where and How to Produce Goods
Employee Stock Ownership Plans (ESOPs)

Strategic production/operations issues
Restructuring and Reengineering

Strategic production/operations issues
Manage Resistance to Change

Strategic production/operations issues
Decide Where and How to Produce Goods

Strategic production/operations issues
Employee Stock Ownership Plans (ESOPs)

Strategic human Resource issues
-Linking Performance and Pay to Strategy
-Balance Work Life and Home Life
-Develop a Diverse Workforce
-Use Caution in Hiring a Rival’s Employees
-Create a Strategy-Supportive Culture
-Use Caution in Monitoring Employees’ Social Media
-Develop a Corporate Wellness Program

Strategic human Resource issues
-Linking Performance and Pay to Strategy

Strategic human Resource issues
-Balance Work Life and Home Life

Strategic human Resource issues
-Develop a Diverse Workforce

Strategic human Resource issues
-Use Caution in Hiring a Rival’s Employees

Strategic human Resource issues
-Create a Strategy-Supportive Culture

Strategic human Resource issues
-Use Caution in Monitoring Employees’ Social Media

Strategic human Resource issues
-Develop a Corporate Wellness Program

Implications for strategist

Implication for students

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