Strategy implementation is putting the strategy into action by processes, resourcing, practicing, improving, and organizing
Strategıc Management (ENG) — Ünite 7 Soru-Cevap
Strategıc Management (ENG) (ISL457U) soru-cevapları.
What is strategy implementation?
What are the "Process Steps to Strategy Implementation"?
Strategic Analysis
Strategy Generation and Selection
Strategy Implementation
Who are mainly responsible in "Strategy Generation"?
Top managers
In which step of the strategic management process the real work begins?
Implementation
Who should be involved in the objective-setting process?
Not just the strategy team, but also many people.
What is a critical key factor of success in an organization?
Clearly set objectives and share in the organization.
Why should "Policies" be considered as the mechanism for the right strategy implementation process?
• Not to police only, but also to encourage and motivate employees on their duties,
• Clarifies who needs to do what and when,
• Defines how to coordinate and control the managers and empowered employees,
• Helps organizational learning,
• Aims to make positive culture rather than a fully functioning company only.
What are the policies that most companies have nowadays?
anti-discrimination, attendance, or code of conduct.
Which perspectives are resources evaluated from?
• Functional areas (Financial, R&D, HR, Operational, Marketing and Technological)
• Economics factors of production (Financial, Physical, Human and Organizational)
• Tangibility (Tangible, Intangible)
What does "antecedents of resource allocation" mean?
Few issues are to be considered clearly before resource allocation. Those issues can also be defined as the antecedents of resource allocation.
What are the antecedents of resource allocation?
• Short term vs. long-term criteria
• Growth vs. sustainability
• Organizational culture and politics
• Risk capability
• Systematic thinking ability
• Top management team structure
• Learning ability
• Size of the business segment relative to the
next of the organization
• Environmental change
What are the Forces and Outcomes Shaping Resource Allocation?
Technical Forces Corporate value creation
Economic Forces Competitive advantage
Cognitive Forces Firm performance
Organizational Forces Over investment in activities such as R&D
Interpersonal Forces
What is a structure?
A structure can be described as the backbone of the strategy formulation and implementation steps.
What is the relation between structure and strategy?
The intended strategy affects structural implementation, and, in turn, structure affects strategy.
According to structure types what does height mean?
The height refers to the layers of management.
What does width mean according to structure types?
Width: the status of the organization on a centralization- decentralization base.
What are the "Basic Patterns of Functional Structure"?
CEO
Operations Marketing Accounting R&D Human Resources Finance
What is included in Organizational culture?
Organizational culture is embedded in mission, management functions, behavioral activities, goals, objectives, strategy, and, eventually, success.
Which factors does Organizational culture influence?
• employee motivation,
• the attractiveness of the organization as
an employer and hence the rate of staff
turnover,
• morale, career development and goodwill
of employees,
• efficiency and productivity,
• work quality,
• interpersonal and inter-organizational
relations,
• workplace attitude of employees,
• innovation and creativity.
What are the roles of people in change?
People are the drivers, sometimes forces or outcomes. They are both independent and dependent variables in terms of change.