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Strategic Management Implementation Guide

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Ashmita Singh
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0% found this document useful (0 votes)
17 views13 pages

Strategic Management Implementation Guide

Uploaded by

Ashmita Singh
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Implementing Strategies: Management & Operations

Issues
 Strategic Implementation is vital & tough
 The Nature of Strategic Management
 Shift in Responsibility

Divisional or
Strategists Functional
Managers
Strategy Formulation vs. Implementation

Strategy
StrategyImplementation
Formulation (SF) (SI)
 Positioningforces
Managing forcesduring
beforethe
theaction
action
 Focus on efficiency
effectiveness
 Primarily operational
intellectual
 Requires special
good intuitive
motivation
and analytical
and leadership
skills skills
 Requires coordination among many people
 Requires coordination among a few people
Issues Central to Strategy Implementation

 Establish annual objectives


 Devise policies
 Allocate resources
 Alter existing organizational structure
 Restructure & reengineer
 Revise reward & incentive plans
 Minimize resistance to change
 Develop a strategy-supportive culture
Purpose of Annual Objectives
 Basis for resource allocation
 Mechanism for management evaluation
 Major instrument for monitoring progress toward achieving long-
term objectives
 Establish priorities (organizational, divisional, and departmental)

 Clearly Communicated Objectives are Critical to success


 Horizontal consistency is as important as vertical consistency
 Annual Objective Should be measurable, consistent, reasonable
etc
Policies
 Policies are instrument for strategy implementation

 Policy refers to specific guidelines, methods, procedure, rules


& administrative practices establishes to support work
towards goals

 Surfing Web while work, “10 foot” rule

 They assist for control & delegation

 Policies can apply to all division & departments/ single


department
Resource Allocation

Four Types of Resources

1. Financial resources
2. Physical resources
3. Human resources
4. Technological resources
Managing Conflict
Conflict – a disagreement between two or more parties. Interdependency
of objectives and competition for limited resources can cause conflict.

 Conflict not always “bad”


 Lack of conflict may signal apathy
 Can energize opposing groups to action
 Resolving Conflict
 Avoidance
 Defusion
 Confrontation
MATCHING STRUCTURE WITH STRATEGY

 Change in strategy requires change in structure


 Structure largely dictates how objectives & Policies will be
established
 Structure dictates how the resource will be allocated

 Structure should be to facilitate strategy

 No optimal organization design or structure


MATCHING STRUCTURE WITH STRATEGY
Basic Forms of Structure

 Functional Structure
 Divisional Structure
 Strategic Business Unit Structure (SBU)
 Matrix Structure
Restructuring & Reengineering

 Restructuring - reducing the size of an organization. Also called:


 Downsizing
 Rightsizing
 Delayering
Reducing the number of employees, number of divisions, and number
of hierarchical levels in a firm’s organizational structure.
Reducing the size of an organization is intended to improve its
efficiency and effectiveness.
 Linking Performance & Pay to Strategies

 Managing Resistance to Change


 Forced Change
 Educative Change Strategy
 Self Interest Change strategy

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