MSC-Helga Kristin Magnusdottir-June 2018.pdf

By linking performance and new methods the change

  • No School
  • AA 1
  • 49

This preview shows page 24 - 26 out of 49 pages.

to support the change. By linking performance and new methods, the change will stick when it becomes “the way we do things around here” (Kotter, 1995). 2.3 Comparison of Theories The 8-steps described previously deal with how to lead and manage successful transformation in organizations according to John P. Kotter. Lawrence G. Hrebiniak and Robin Speculand, both known for their work in the field of strategy implementation, have also introduced their ideas on how to successfully implement a strategy. Professor Lawrence G. Hrebiniak has emeritus status at the University of Pennsylvania and is most known for his research in the field of strategy implementation (Hrebiniak, 2013). Hrebiniak (2013) explains that managers in recent years realize more than ever how critical the implementation process is. Hrebiniak first presented his process in 2005 which addressed eight obstacles that managers face when implementing a strategy. In 2013 Hrebiniak gave an update on his process where he had rearranged the critical issues to offer a logical approach for making the strategy work. The step-by-step process now consists of nine steps, they are as follows: 1. Developing a model to guide execution decisions or actions 2. Understanding how the creation of strategy affects the execution of strategy 3. Developing organizational structures that support strategic objectives and foster information sharing, coordination, and clear accountability 4. Creating and using incentives to support strategy execution processes and decisions 5. Developing effective controls and feedback mechanisms to enable the organization to assess performance and adapt to changing conditions 6. Understanding an organization’s power or influence s tructure and using it for execution success 7. Knowing how to create an execution-supportive culture 8. Exercising execution-biased leadership 9. Managing change effectively, including culture change
Image of page 24

Subscribe to view the full document.

12 Speculand (2009) builds upon his ideas about successful implementation on the Implementation Compass he developed as a guide for organizations to identify the right actions to be taken in the process. The eight directions of the compass are as follows: 1. People 2. Biz case 3. Communicate 4. Measure 5. Culture 6. Process 7. Reinforce 8. Review Although these approaches will not be described in detail in this thesis, there is a reason for highlighting what the methods have in common with each other. Kotter, Hrebiniak, and Speculand have all presented their frameworks as processes. Several subjects that are in common and are what most noticeable are: the importance of the leadership role, having a clear strategy, and communication and information sharing. What is also interesting to note is all the frameworks are in line with research conducted in 2008 by Gary L. Neilson, Karla L. Martin and Elizabeth Powers. Neilson, Martin, and Powers (2008) published an article in Harvard Business Review where they presented the results of their work which helped over 250 companies to implement strategy effectively. They identified four fundamental building blocks.
Image of page 25
Image of page 26
  • Fall '19
  • Qualitative Research, John Paul Kotter

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern