Chap10PP - Strategy Implementation What must we do to put...

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1 Strategy Implementation What must we do to put the strategy in place, execute it proficiently, and produce good results? Creating FITS between strategy and external environment and creating FITS inside the organization Control, coordination, and motivation issues
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2 Building a Capable Organization Allocating Resources Establishing Strategy- Supportive Policies Instituting Best Practices for Continuous Improvement Installing Support Systems Tying Rewards to Achievement of Key Strategic Targets Exercising Strategic Leadership Shaping Corporate Culture to Fit Strategy Strategy Implementer’s Action Agenda Figure 10.1: The Eight Components of the Strategy Execution Process
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3 Figure 10.2: The Three Components of Building a Capable Organization Staffing the Organization A Company with the Competencies and Capabilities Needed for Proficient Strategy Execution Building Core Competencies and Competitive Capabilities Matching the Organization Structure to Strategy
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4 Matching Organization Structure to Strategy Few hard and fast rules for organizing The One Big Rule: The role and purpose of the organization structure is to support and facilitate good strategy execution! Each firm’s structure is idiosyncratic, reflecting Prior arrangements and internal politics Executive judgments and preferences about how to arrange reporting relationships How best to integrate and coordinate work effort of different work groups and departments Vice President Vice President Vice President CEO
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5 What is Structure? How the firm is organized?
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Chap10PP - Strategy Implementation What must we do to put...

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