610 likes | 837 Views
. ?Everything should be made as simple as possible, but not simpler".Albert Einstein . 05/07/2012. 2. 05/07/2012. 3. WHAT IS STRATEGY?. ?The science of planning and directing large scale military operations, maneuvering forces into the most advantageous position prior to actual en
E N D
1. 05/07/2012 1
2.
“Everything should be made as simple
as possible, but not simpler”.
Albert Einstein
05/07/2012 2
3. 05/07/2012 3 WHAT IS STRATEGY? “The science of planning and directing large scale military operations, maneuvering forces into the most advantageous position prior to actual engagement with the enemy”.
4. Strategy = 5P’s = A plan, a ploy, a pattern, a position and a perspective.
Henry Mintzberg (1987)
05/07/2012 4
5. 05/07/2012 5 What is Management? “ is a group of people working together in a coordinated manner to achieve group results”.
“is the process of coordinating work activities so that they are completed efficiently and effectively with and through other people”.
6. What Is Strategic Management? “Strategic Management is the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organisation to achieve its objectives”
Fred R. David (2007)
05/07/2012 6
7. 05/07/2012 7 What is Strategic Management? A set of managerial decisions and actions that determines the long-run performance of a organisation
It includes environmental scanning (both internal & external ), strategy formulation (strategic & long-range planning), strategy implementation, evaluation and control.
8. 05/07/2012 8 STRATEGIC MANAGEMENT Where are we now? Where do we want to be?
Know yourself Take actions Achieve success
Analytical Strategic choice Vision
9. 05/07/2012 9 Strategic management is much more than planning; it involves taking action and making things happen.It involves planning, leading, organizing and control.
10. 05/07/2012 10 Human resources
Financial resources
Physical resources
Information resources
11. 05/07/2012 11 What is a strategic plan? A Strategic Plan maps out
Where firm is heading
Short and long range performance targets
Actions of management to achieve outcomes
A Strategic Plan consists of
A strategic vision & mission
Performance objectives
Comprehensive strategy for achieving the objectives
12. 05/07/2012 12 WHY STRATEGIC MANAGEMENT? Rapid environmental changes
Increased stakeholder demands
Resource constraints
Organisational complexity
These forces require us to:
Think strategically
Formulate effective strategies
Implement strategies, and
Evaluate performance and outcomes
13. 05/07/2012 13 The Benefits of Strategic Management The 3 most highly rated benefits of strategic management are:
Clearer sense of strategic vision for the firm
Sharper focus on what is strategically important
Improved understanding of a rapidly changing environment
14. Encourage forward thinking
Provide clear direction and objective
Facilitate allocation of resources
Facilitate internal communication and
cooperation
Identify new opportunities for exploitation
Prepare for threats
Avoid human and organisational inertia The Benefits of Strategic Management
15. 05/07/2012 15
16. 05/07/2012 16 Strategic Management Model
18. 05/07/2012 18 A. Environmental Scanning: Situational Analysis
19. Strategic Analysis Tools There are several strategic analysis tools available.
Force Fields Analysis
Boston Consulting Group (BCG)
Gap Analysis
Porter Five Forces
Porter Value Chain
PEST
Total System Intervention (TSI)
Viable System Model (VSM) 05/07/2012 19
20. SWOT/TOWS
McKinsey 7S
Cause & Effect
Strategic Assumptions Surfacing & Testing
BSC Analysis
Scenario Building
Organizational Excellence Model
Journalistic Six
Strategy Canvas & Four Actions Framework
Strategic Total System Analysis
Stakeholders Analysis, etc 05/07/2012 20
22. 05/07/2012 22 The Strategy Canvas of Cirque du Soleil
23. 05/07/2012 23 The Strategy Canvas of Cirque du Soleil
24. 05/07/2012 24 The Four Action Framework
25. Kanvas Strategi(Prasekolah)
26. Empat Kerangka Tindakan(Four Actions Framework)
27. Kanvas Strategi(Prasekolah)
28. 05/07/2012 28 Cause & Effect/Ishikawa Diagram Cause Effect
29. Cause-effect
30. 05/07/2012 30 PEST Analysis
31. STEP/PEST
32. 05/07/2012 32 The 7-S Framework: Internal
33. 7 S
34. BSC
35. 05/07/2012 35
36. 36 RAISING THE BAR In our journey towards the path of public sector excellence, there will certainly be resistance to the change efforts being implemented. The above Force Field diagram indicates some areas which have to be given due consideration in the course of implementation.
However, if all the concerned parties, especially the HR practitioners in the agencies are able to demonstrate high degree of commitment and keen determinations, we are confident that we should be able to attain the 7 strategic goals outlined above and to achieve extraordinary performance.In our journey towards the path of public sector excellence, there will certainly be resistance to the change efforts being implemented. The above Force Field diagram indicates some areas which have to be given due consideration in the course of implementation.
However, if all the concerned parties, especially the HR practitioners in the agencies are able to demonstrate high degree of commitment and keen determinations, we are confident that we should be able to attain the 7 strategic goals outlined above and to achieve extraordinary performance.
37. 05/07/2012 37
38. 05/07/2012 38
40. 05/07/2012 40 B. Strategy Formulation
41. Strategy Formulation Is a process of finding the best and the most suitable strategies to implement so that all organisation goals are met.
Business Dictionary (2008)
05/07/2012 41
42. 05/07/2012 42 Strategic Visioning It is a description of what the organisation is capable of becoming or would like to become ……
Strategic vision is dynamic process.
43. 05/07/2012 43 Mission Mission is a purpose or reason for the organisation’s existence (what the organisation is now).
It tells what the organisation is providing to the society.
It promotes a sense of shared expectations in employees.
Communicates a public image to important stakeholder groups.
44. 05/07/2012 44 Developing a Vision & Mission Begins with thinking strategically
About organisation’s future makeup &
Forming vision of organisation’s future in 5-10 years
Task is to
Inject sense of purpose into organisation’s activities
Provide LONG-TERM DIRECTION
Give firm STRONG IDENTITY
Decide “WHO we are, WHAT we do & WHERE we are heading”
45. 05/07/2012 45 Developing a Vision & Mission An organization’s MISSION
Reflects management’s vision of what organisation seeks to do & becomes
Provides a clear view of what organisation is trying to accomplish for its customers
Indicates intent to stake but a particular business position
46. 05/07/2012 46 Specific questions that help form strategic visions What business are we in now?
What business do we want to be in?
What will our customers want in future?
What are expectations of our stakeholders?
Who will be our future competitors?
What should our competitive scope be?
How will technology impact our industry
What environmental scenarios are possible?
47. 05/07/2012 47 Example: Vision
To be a world class public
Sector training institution
48. 05/07/2012 48 Example: Mission
To develop and enhance the public sector human resource through a quality training
49. 05/07/2012 49 Example: Quality Policy
To develop the potential of human resource in the public sector toward excellence through training
50. 05/07/2012 50 OBJECTIVES What must we do to achieve our vision and mission?
What specifically must we achieve: performance goals: ouputs, impact and benefit for clients and organisation
51. 05/07/2012 51 Objectives State what is to be accomplished, when and how; and quantify the result result.
The achievement of corporate or organisation objectives should result in the fulfillment of a corporation’s/organisation’s mission.
Goal
A goal is an open-ended statement of what the organisation wants to achieve.
52. 05/07/2012 52 SMART S - SPECIFIC
M - MEASURABLE
A - APPROPRIATE
R - REALISTIC/RESULTS ORIENTED
T - TIME BOUND
53. 05/07/2012 53 Policies A broad guideline for decision making that links the formulation of strategy with its implementation.
Policies are to ensure that employees take actions that support organisation’s mission, objectives and strategy (performance goals: ouputs, impact and benefit for clients and organisation)
54. 05/07/2012 54 C. Strategy Implementation
55. 05/07/2012 55
56. 05/07/2012 56 D. Evaluation and Control
57. 05/07/2012 57 Evaluation and Control Organisation’s activities, performance and results are monitored Actual performance is compared with the desired performance Able to pinpoint weaknesses of previous strategic plan
58. 05/07/2012 58 Five Tasks of Strategic Management Defining business, stating a mission & forming a strategic vision
Setting measurable objectives
Crafting a strategy to achieve objectives
Implementing & executing strategy
Evaluating performance, reviewing new development & initiating corrective adjustments.
59. 05/07/2012 59 “ Know your enemy and know yourself, and in a hundred battles you will never be defeated”.
Sun Tzu
The Art of War
60.
61.
@ongguapak 05/07/2012 61