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Effective Strategy Implementation: Organizing for Action in Strategic Management and Business Policy

Explore the vital aspects of strategy execution like programs, budgets, and procedures. Learn about achieving synergy, evolving organizational structures, and addressing international issues. Dive into job design strategies and different organizational structures for successful implementation.

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Effective Strategy Implementation: Organizing for Action in Strategic Management and Business Policy

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  1. CHAPTER 9 Strategy Implementation: Organizing for Action STRATEGIC MANAGEMENT & BUSINESS POLICY11TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER

  2. Strategy Implementation • --Sum total of activities & choices required for strategic plan execution • --Strategy implementation through • Programs • Budgets • Procedures

  3. Strategy Implementation • Key Implementation Questions – • Who carries out strategic plan? • What needs doing for alignment w/ strategy? • How is work coordinated?

  4. Strategy Implementation • Programs – • Action oriented • Matrix of change • Feasibility • Sequence of execution • Location • Pace & nature of change • Stakeholder evaluations

  5. The Matrix of Change

  6. Strategy Implementation • Achieving Synergy – • Shared know-how • Coordinated strategies • Shared tangible resources • Economies of scale or scope • Pooled negotiating power • New business creation

  7. Strategy Implementation • Structure follows strategy – • New strategy is created • New administrative problems emerge • Economic performance declines • New appropriate structure is invented • Profit returns to previous level

  8. Strategy Implementation • Stages of Corporate Development – • Stage I: Simple structure • Stage II: Functional structure • Stage III: Divisional structure • Stage IV: Beyond SBU’s

  9. Strategy Implementation • Blocks to Changing Stages – • Loyalty to comrades • Task oriented • Single-mindedness • Working in isolation

  10. Organizational Life Cycle

  11. Changing Structural Characteristics of Modern Organizations

  12. Strategy Implementation • Advanced Types of Organizational Structures – • Matrix • Temporary cross-functional task forces • Product/brand management • Mature matrix

  13. Strategy Implementation • Advanced Types of Organizational Structures – • Network structure (virtual organization) • Cellular organization

  14. Network Structure

  15. Strategy Implementation • Six Sigma – • Define • Measure • Analyze • Improve • Establish

  16. Strategy Implementation • Job design to implement strategy – • Job enlargement • Job rotation • Job enrichment • Job characteristics model

  17. Strategy Implementation • International Issues – • MNC’s • International Strategic Alliances

  18. Strategy Implementation • International Development Stages– • Domestic company • Domestic company w/export division • Domestic company w/int’l division • MNC w/multidomestic emphasis • MNC w/global emphasis

  19. Strategy Implementation • Centralization vs. Decentralization– • Product-group structure • Geographic-area structure

  20. Geographic Area Structure

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