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traditional approaches (Strategy as a Means to Focus Effort (concept of…
traditional approaches
Strategy as a Means to Focus Effort
Enterprise need make choice to apply the strategic management in order to survive
Strategic Management
strategy formulation
strategy implementation
and strategy evaluation
concept of strategic
The second tier provides a concretization of the mission in terms of a vision and
a strategy aiming to realize the vision;
The third tier provides a further concretization by refining the vision to goals and
the strategy to policies.
On the first tier, we find mission, the reason of existence for an organization;
flavors of strategy evolution
Outside-in
A strategy can be influenced by developments in the environment of an organization
political, environmental,
socio-cultural, technical, economic, as well as legal factors
Inside-out
strategy can also be influenced by changes in the availability (and
becoming aware) of an organization’s resources and competencies
Programmatic Steering of Change
the implementation of a strategy is executed through programs.
The objectives of a program are typically at a strategic level, aiming to
achieve benefits and improvements in the business.
instruments
Governance
important in the networked economy
governance needs a clear insight into the substance and coherence of the entire value chain.
Projects
aim to realize parts of the to-be situation.
projects need to have a clear view of the to-be and the as-is situation
Portfolio management
to manage initiatives and programs in an
integrated, coherent fashion.
Programme management
to achieve business benefits
