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Chapter Thirteen: 13.1 DESIGNING AND IMPLEMENTING STRATEGY

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Presentation on theme: "Chapter Thirteen: 13.1 DESIGNING AND IMPLEMENTING STRATEGY"— Presentation transcript:

1 Chapter Thirteen: 13.1 DESIGNING AND IMPLEMENTING STRATEGY
INTRODUCTION FORMAL STRATEGY PLANNING ANALYZING RESOURCES AND THE COMPETITION POSITIONING THE COMPANY IMPLEMENTATATION EMERGENT STRUCTURE IMPLICATIONS FOR THE MANAGER SUMMARY EXERCISE.

2 Chapter Thirteen: 13.2 APPROACHES TO STRAGEGY
FORMAL plans of action, responding to CHANGING OPPORTUNITIES and THREATS. These include - routine plans - plans associated with a decisive event in the organization – say, the arrival of a new CEO A plan of action that focuses on applying RESOURCES A plan of action that focuses on POSITIONING the organization in relation to the competition An EMERGENT plan; an incremental process of change made in response to the environment.

3 Chapter Thirteen: 13.3 DIFFERENT TYPES OF GOALS include
FINANCIAL GOALS: e.g. the maximization of value to the Shareholders MARKET GOALS: e.g. to win or maintain a position as market leader POLITICAL GOALS: e.g. to win cooperation from other bodies within the environment

4 (13.3) ETHICAL GOALS: e.g. to contribute to society, to achieve social and humanitarian goals CULTURAL GOALS: e.g. to build a positive organizational culture and others. In the long-term, FINANCIAL GOALS have most importance.

5 Chapter Thirteen: 13.4 ANALYZING RESOURCES
Different types of resources are audited; TANGIBLE resources; including Finance Materials Location Plant TECHNOLOGY-AS-ARTEFACT

6 (13.4) INTANGIBLE resources; including
Capacity (reputation, patents, research capacity) Skills (human resource skills, commitment of employees) Systems PROCESS TECHNOLOGY MANAGEMENT TECHNOLGY EXPERENTIAL KNOWLEDGE.

7 Chapter Thirteen: 13.5 CULTURE influences strategic planning and implementation
Formal strategic planning in Anglo companies tends to be relatively DELIBERATE TOLERANT OF COMPETITION AND CONFLICT LONG TERM BUREAUCRATIC TOLERANT OF RADICAL CHANGE These characteristics reflect Anglo culture. In other cultures, strategy may EMERGE in response to change.


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