Recap: What are some of the major components of Strategic Management?

1. Recap: What are some of the major components of Strategic Management? Strategic Planning Strategic Management Strategic Organisation Plan Implement Evaluate Structure Processes Strategic Leadership Strategic Control “Market” leader Ethos/governance Resource management M & E Performance measures Corrective action

2. Hindrances to effective strategic plan implementation Effective plan Effective plan Effective plan Effective plan Effective plan Management & staff buy-in Management & staff buy-in Management & staff buy-in Management & staff buy-in Capacity to implement Capacity to implement Capacity to implement Capacity to implement Actionable first steps Actionable first steps Actionable first steps Actionable first steps Ineffective subsequent performance False starts Wasteful expenditure Wasted effort “compliance only” Management & staff buy-in Capacity to implement Actionable first steps Success! + + + + + + + + + + + + = = = = + + + =