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Strategic Leadership session 3
Strategic Vision, Mission and Fit Explore the changing nature of vision and mission In a complex and dynamic environment Robert Jones © Robert Jones 2015
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What is our purpose? What business are we in? What is our Mission Statement? What is our Vision? Discuss (briefly)
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Communicating Organisational Purposes
Corporate Values principles guiding actions Vision/Mission Statement of overriding direction and purpose of organisation Goals Overall outcomes desired Objectives Statement of specific outcomes to be achieved Specific – e.g. financial, market-based Measurable - KPIs Achievable Relevant Time constrained
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What are the mission statements for your own organisations?
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Agile Adaptable Capable
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Protecting Our Nation’s Interests
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Securing Britain in an Uncertain World
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Whose mission statements are these?
Organisation A: We are a team of over 500,000 people in 12 markets dedicated to providing the most compelling offer to our customers. Organisation B: We improve services by managing people, processes, technology and assets more effectively. Organisation C To sell food in a fast, friendly environment that appeals to pride conscious, health minded consumers
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Expectations and Purposes
Exhibit 4.1 Johnson & Scholes (2005)
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What challenges do you face with your Mission?
How do these factors influence your capabilities? Discuss (briefly)
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Strategy Fit ? Mission statement Fit or mismatch? Capabilities
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Determining “fit” – EVR Congruence
Effective decision making balances resources, environment and values Environment Externalities Political Economic Socio-cultural Technological Environmental Market Customers Competitors Resources Organization Operations Assets Competences R E V Values Expectations of Stakeholder groups Management style Leadership Culture Adapted from Thompson 1999 © Robert Jones 2014
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Public Sector Portfolio Matrix – the political “fit”
Source: J.R. Montanari and J.S. Bracker, Strategic Management Journal, vol. 7, no. 3 (1986), reprinted by permission of John Wiley & Sons Ltd. Exhibit 6.9 Johnson & Scholes (2005)
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Strategic Vision, Mission and Fit
Recap main points Q&A
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