Professional Documents
Culture Documents
Strategic Management: Concepts & Cases 13th Edition Global Edition Fred David
Ch 7 -1
Ch 7 -2
Strategy Formulation Positioning forces before the action Focus on effectiveness Primarily intellectual Requires good intuitive and analytical skills Requires coordination among a few people
Strategy Implementation Managing forces during the action Focus on efficiency Primarily operational Requires special motivation and leadership skills Requires coordination among many people
Ch 7 -3
Shift in responsibility
Divisional or Functional Managers
Strategists
Ch 7 -4
Establish annual objectives Devise policies Allocate resources Alter existing organizational structure Restructure & reengineer Revise reward & incentive plans Minimize resistance to change
Match managers to strategy Develop a strategysupportive culture Adapt production/operations processes Develop an effective human resources function Downsize & furlough as needed Link performance & pay to strategies
Ch 7 -5
Mechanism Major
Ch 7 -6
Annual Objectives
Ch 7 -7
Policies
Policies set boundaries, constraints, and limits on the kinds of administrative actions that can be taken to reward and sanction behavior
Ch 7 -8
Resource Allocation
Four Types of Resources
1. Financial resources 2. Physical resources 3. Human resources 4. Technological resources
Ch 7 -9
Managing Conflict
Conflict not always bad Lack of conflict may signal apathy Can energize opposing groups to action May help managers identify problems
Ch 7 -10
Managing Conflict
Ch 7 -11
Ch 7 -13
Functional Structure Divisional Structure Strategic Business Unit Structure (SBU) Matrix Structure
Ch 7 -14
Functional Structure
Ch 7 -15
Functional Structure
Ch 7 -16
Divisional Structure
Can
Divisional Structure
Ch 7 -18
similar divisions into strategic business units and delegate authority and responsibility for each unit to a senior executive who reports directly to the chief executive officer
Copyright 2011 Pearson Education Ch 7 -19
Matrix Structure
The
most complex of all designs because it depends upon both vertical and horizontal flows of authority and communication
Ch 7 -20
Matrix Structure
Ch 7 -21
is called
Cornerstones
of Reengineering
Tests for Performance-Pay Plans Does the plan capture attention? Do employees understand the plan? Is the plan improving communication? Does the plan pay out when it should? Is the company or unit performing better?
Copyright 2011 Pearson Education Ch 7 -24
Force change strategy Educative change strategy Rational or self-interest change strategy
Ch 7 -25
2. 3.
4. 5.
Formal statements of organizational philosophy Design of physical spaces Deliberate role modeling, teaching, and coaching Explicit reward and status system Stories, legends, myths, and parables
Copyright 2011 Pearson Education Ch 7 -26
8. 9. 10.
What leaders pay attention to Leader reactions to critical incidents and crises Organizational design and structure Organizational systems and procedures Criteria for recruitment, selection, promotion, leveling off, retirement, and excommunication of people
Copyright 2011 Pearson Education Ch 7 -27
Production/Operations Concerns
Production
Ch 7 -28
control
control innovation
Ch 7 -29
Technological
staffing needs/costs
performance incentives
Ch 7 -31
All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America.
Ch 7 -32