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IMPLEMENTING STRATEGY (ALLIGNMENT
The 7s Model
Hard triangle
Soft…
IMPLEMENTING STRATEGY
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AGENCY PROBLEM
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Problem: not allignment, assimetry imnormatino
Solution: monitor, accountability (board of director), incentives, 7s model
LEGO
External factors:
- n kids decreasing
- videogames -> instant gratificatino
- less time to play
- powerful rivals, power of buyers, substitutes
- imitation
Internal factors:
- complexity/forecast
- spread too thin
- capital cost
- management issues
New markets: movies, videogames, theme parks, retail, chunk blocks
MEASUREMENT
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Balanced scorebord
- Financial metrics
- customer metrics
- process metrics
- innovation metrics