Organizational strategy, business models and risk management

Organizational strategy, business models and risk...

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Unformatted text preview: Organizational strategy, business models and risk management Week5 Introduction As discussed in the earlier classes too: CORPROATE GOVERNANCE frameworks suggest that the board should provide the guidance and oversight over the management Management is basically responsible for the planning, organizing and leading the company In this lecture we will review the issues related with the organizational strategy, business models and risk management and analyze it from the CG perspective 2 Introduction (contd) The board is expected to scrutinize the strategy to make sure that it is appropriate for the companys shareholders and stakeholders, and then to monitor the contribution of corporate activities to the strategic plan 3 Organizational strategy Discuss the strategy development process 4 Organizational Strategy (Contd) The implementation and evaluation process of the strategy The role of the management Developing the strategy Developing the business model Business model????? Implementing the strategy Performance management Development of the indicators/measures (KPI) Measures include tangible/intangibles Financials or non-financials 5 Organizational Strategy (Contd) The implementation and evaluation process of the strategy The role of Board Developing the strategy. No Implementing the strategy.. No The are suppose to test the business model and also evaluate the performance of the organization on the defined performance indicators i.e., KPIs 6 Organizational Strategy (Contd) Nowadays more companies are using combination of financial and non-financial KPIs....
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Organizational strategy, business models and risk...

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