'How organisations build long term success'
Innovation
Planning
Cycles
Culture
Challenge old ideas
Economic Growth
New ideas/re-vamped = increased profits
market
virtuous
product
vicious
never stands still
Time
short term
mid term
long term
Mixture of all three = success
Politics
Social perspective
organisational perspective
political context
political analysis
Understanding politics = increased profits
Stakeholders
Internal/External
Understanding who they are
Power vs Interest Matrix (Johnson, 2008)
Needs can change overtime/need to be reviewed on a regular basis
Reviewing,understanding stakeholders, internal and external environment using Political Astuteness Framework (Hartley, 2008)
value has different meaning
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Value
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Value Player
Key to making the business a success
Business values
Various ways of adding value
Create value for long term success
Innovation and value are linked = long term success
To create a culture where innovation
is encouraged?
Sustainable culture
= long term growth
Short term fixes = short term gains
Analysing
what are the long term gains
Strategies to advance
Key players
Employees
Employees voice
employee relations
employee contracts
Flexible working
Empowerment
Organisational involvement
Happy, motivated employees who are valued and understand how they add value will in turn lead innovation and create long term success
Change Management
Shareholder value
Measuring success
Quality
Improvement
Reducing errors/faults
measuring internal and external procedures