文档介绍：Chapter 12 Implementing and Executing Strategy Budgets, Policies, Best Practices, Support Systems, and Rewards
IMPLEMENTING AND EXECUTING STRATEGY: BUDGETS, POLICIES, BEST PRACTICES, SUPPORT SYSTEMS, AND REWARDS
CHAPTER 12
Screen graphics created by:
Jana F1>. Kuzmicki, PhD, Mississippi University for Women
“If you talk about change but don’t change the reward and recognition system, nothing changes.”
Paul Allaire
CEO, Xerox Corp.
“Quote”
2001 by The McGraw-panies, Inc. All rights reserved.
McGraw-Hill/Irwin
Copyright
Chapter Outline
Linking Budgets to Strategy
Creating Strategy-Supportive Policies
Instituting Best Practices and mitment to Continuous Improvement
Installing Support Systems
Strategy-Supportive Motivational Practices and Reward Systems
LINK BUDGETS TO STRATEGY
2001 by The McGraw-panies, Inc. All rights reserved.
McGraw-Hill/Irwin
Copyright
Linking Budgets to Strategy
Allocating resources in ways that support effective strategy execution involves
Funding capital projects that can make a contribution to strategy implementation
Funding efforts to petencies and capabilities or to create new ones
Shifting resources—downsizing some areas, upsizing others, killing activities no longer justified, and funding new activities with a critical strategy role
Strategic Management Principle
Depriving strategy-critical groups of the funds needed to execute their pieces of the strategy can undermine the implementation process!
ESTABLISH STRATEGY-SUPPORTIVE POLICIES
2001 by The McGraw-panies, Inc. All rights reserved.
McGraw-Hill/Irwin
Copyright
How Policies and Procedures
Aid Strategy Implementation
Provide top-down guidance regarding expected behaviors
Help align internal actions with strategy, channeling efforts along the intended path
Enforce consistency in performance of activities in geographically scattered units
Serve as powerful lever for changing corporate culture to produce stronger fit with a new strategy
Crea