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Strategic management a competitive advantage approach. Strategy execution
1. Strategic management a competitive advantage approach Chapter 10 Strategy execution By: Nelson Ariel Rodriguez Arciniegas
Senior lecturer SEM FEFUStrategic Management Course
IBPM Master, Vladivostok, 2018
2. Learning goals…
3. Strategy Execution
4. Transitioning from formulating to implementing strategies
5. The need for clear annual objectives
6. The need for Clear policies
7. Allocate Resources and manage Conflict Allocate Resources
8. Allocate Resources and manage Conflict Manage Conflict
9. Match structure with strategy
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10. Match structure with strategy
11. Types of organizational structure
The Functional StructureThe Divisional Structure
The Strategic Business Unit (SBU) Structure
The Matrix Structure
12. The Functional Structure
13. The Divisional Structure
14. The Strategic Business Unit (SBU) Structure
Requires an additional layer of management.Role of vice presidents is ambiguous.
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Improved coordination and accountability.
makes planning and control more manageable.
15. The Matrix Structure
16. Do’s and don’ts in developing organizational Charts
17. Strategic production/operations issues
Restructuring and ReengineeringManage Resistance to Change
Decide Where and How to Produce Goods
Employee Stock Ownership Plans (ESOPs)
18. Strategic production/operations issues Restructuring and Reengineering
19. Strategic production/operations issues Manage Resistance to Change
20. Strategic production/operations issues Decide Where and How to Produce Goods
21. Strategic production/operations issues Employee Stock Ownership Plans (ESOPs)
22. Strategic human Resource issues
-Linking Performance and Pay to Strategy-Balance Work Life and Home Life
-Develop a Diverse Workforce
-Use Caution in Hiring a Rival’s Employees
-Create a Strategy-Supportive Culture
-Use Caution in Monitoring Employees’ Social Media
-Develop a Corporate Wellness Program