Strategy Analysis & Choice Implementing Strategies: Management Issues
Strategy Analysis & Choice Implementing Strategies: Management Issues
Strategy Analysis & Choice Implementing Strategies: Management Issues
Strategy
Analysis
&
Choice
Management Issues
Contrasting strategy formulation and
strategy implementation
Formulation is positioning forces before the action
Implementation is managing forces during the action
Overview
Implementing Strategies:
Strategy
Analysis
&
Choice
Management Issues
Contrasting strategy formulation and
strategy implementation
Formulation focuses on effectiveness
Implementation focuses on efficiency
Implementing Strategies:
Strategy
Analysis
&
Choice
Management Issues
Contrasting strategy formulation and strategy
implementation
Formulation is primarily an intellectual process
Implementation is primarily an operational process
Implementing Strategies:
Strategy
Analysis
&
Choice
Management Issues
Contrasting strategy formulation and
strategy implementation
Formulation requires good intuitive and analytical skills
Implementation requires special motivation and
leadership skills
Implementing Strategies:
Strategy
Analysis
&
Choice
Management Issues
Contrasting strategy formulation and
strategy implementation
Formulation requires coordination among a few
individuals
Implementation requires coordination among many
persons
Implementing Strategies:
Strategy
Analysis
&
Choice
Management Issues
Strategy implementation
Varies among different types and
sizes of organizations
Implementing Strategies:
Strategy
Analysis
&
Choice
Management Issues
Strategy implementation Actions
Management Perspectives
Formulation to Implementation
transition
Shift in responsibility
From strategists to division and
functional managers
Managing Conflict
Conflict
Disagreement between two or more
parties on one or more issues
Managing Conflict
Managing Conflict
Conflict Management and Resolution
Avoidance
Defusion
Confrontation
Changes in Structure
2. Divisional Structure
4. Matrix Structure
Resistance to change
Single greatest threat to successful
strategy implementation
Change Strategies
Creating a Strategy-Supportive
Culture
Strategists should strive to preserve,
emphasize, and build upon aspects
of existing culture that support new
strategies.
Creating a Strategy-Supportive
Culture
Elements linking culture to strategy:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
Prioritising Implementation
Implementation Strategy
Force-Field Analysis
Stakeholder Analysis: Steps:
- identify key stakeholders
- evaluate whether they have high,
medium or low influence on the strategy
- evaluate whether they are for, against
or neutral
Establish objectives
Identify actions (steps) required
Identify & assess resources available
Allocate accountabilities/responsibilities
Plan monitoring & review activities
Resource Allocation
Resource Allocation
A central management activity that
allows for strategy execution
Resource Allocation
Four types of resources
1.
2.
3.
4.
Financial resources
Physical resources
Human resources
Technological resources