Implementing Strategies : Management and Operating Issues - Coggle Diagram
Implementing Strategies : Management and Operating Issues
represent the basis for allocating resources
a primary mechanism for evalu- ating managers
set boundaries, constraints, and limits on the kinds of adminis- trative actions that can be taken to reward and sanction behavior; they clarify what can and cannot be done in pursuit of an organization’s objectives.
a central management activity that allows for strategy execution.
Matching Structure with Strategy
The Functional Structure
The Divisional Structure
The Strategic Business Unit (SBU) Structure
The Matrix Structure
Restructuring, Reengineering, and E-Engineering
Firms often employ restructuring when various ratios appear out of line with competitors as determined through benchmarking exercises
all firms tend to bureaucratize over time. As routines become entrenched, turf becomes delineated and defended, and politics takes precedence over performance.
Linking Performance and Pay to Strategies
Managing Resistance to Change
Resistance to change can be considered the single greatest threat to successful strategy implementation. Resistance regularly occurs in organizations in the form of sabotaging production machines, absenteeism, filing unfounded grievances, and an unwillingness to cooperate.
Creating a Strategy-Supportive Culture
changing a firm’s culture to fit a new strategy is usually more effective than changing a strategy to fit an existing culture
When Implementing Strategies
Production processes typically constitute more than 70 percent of a firm’s total assets. A major part of the strategy-implementation process takes place at the production site.
Human Resource Concerns When Implementing
Employee Stock Ownership Plans (ESOPs)
Balancing Work Life and Home Life
Benefits of a Diverse Workforce
Corporate Wellness Programs