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Implementing Strategies Management:Issues Chapter 7 Business Policy and Strategy.doc

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Implementing Strategies Management:Issues Chapter 7 Business Policy and Strategy.doc

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文档介绍:Implementing Strategies Management:Issues Chapter 7 Business Policy and Strategy
Implementing Strategies: Management Issues
Chapter 7 Business Policy and Strategy (BADM 482)
Implementing Strategies
A management truism says structure follows strategy1>. Too anizations attempt to carry out a new strategy with an old structure.
Dale McConkey
Strategy Implementation
There must 7>be a translation of strategic thought into strategic action. This translation is much easier if managers and employees
understand the business
feel a part of pany
through involvement in strategy-formulation activities have mitted to helping anization eed.
Without understanding mitment, strategy-implementation efforts face major problems.
Even the most technically perfect strategic plan will serve little purpose if it is not implemented.
A technically imperfect plan that is implemented well will achieve more than the perfect plan that never gets off the paper on which it is typed.
The Nature of Strategy Implementation
Contrasting strategy formulation and strategy implementation
Formulation is positioning forces before the action.
Implementation is managing forces during the action.
Formulation focuses on effectiveness.
Implementation focuses on efficiency.
The Nature of Strategy Implementation
Contrasting strategy formulation and strategy implementation
Formulation is primarily an intellectual process (., thinking).
Implementation is primarily an operational process (., taking action).
Formulation requires good intuitive and analytical skills.
Implementation requires special motivation and leadership skills.
The Nature of Strategy Implementation
Contrasting strategy formulation and strategy implementation
Formulation requires coordination among a few individuals.
Implementation requires coordination among many persons.
Implementing Strategies: Management Issues
Strategy implementation varies among different types and sizes anizations.
The transition from f