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STRATEGIC IMPLEMENTATION (Corporate plan (Contain (Objectives, Strategies)…
STRATEGIC IMPLEMENTATION
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Corporate culture
Types
Power: concentrating power among just a few people, ex: Apple
Role: each member of staff has a clearly defined job title and role, ex: Banks
Task: based on cooperation and teamwork, ex: NASA
Person: Individuals have freedom to express themselves fully and made decisions, ex: Facebook
Entrepreneurial culture: take risks to come up with new ideas and test new business ventures, ex: Start-ups
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Managing change
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Techniques
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Lead change, not just manage
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Contingency planning
Key steps
- Identify potential disaster
- Assess the likelihood of these occuring
3, Minimise the potential impact of crisis
- Plan for continued operations
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