group10 eight levers strategy
TRANSCRIPT
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CapableOrganization:The eight levers
of StrategicImplementation
By Group 1Shivam ArEna Sehgaahul Sharaghvi (FT
$oornima S
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Formulation Implementation Perfo
It has been found that in man
cases strateg is neverimplemented!
This can be attributed to the factthat either emploees do notunderstand or are una"are of thecompan strategies
It means that there is a gap instrateg formulation toimplementation process
This poor e#ecution leads to ne#tround of "ea$ strateg formulationand the vicious ccle continues
%easons for poor impleme
Top&do"n or 'aissez&F(anagement Stle)
*nclear Strateg and cpriorities)
+n Ineffective seniormanagement team)
Poor vertical commun Poor coordination acro
functions) businesses and
Inade,uate do"n&the&leadership s$ills and d
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Strateg Implementation an +ll
Identification and usage of appropriate levers of implementatio
build organization Implementation is comprised of - main variables) structural an
managerial s$ills
Structural 'evers provide frame"or$ or configuration in "hich companies operate effectivel!
(anagerial levers comprise of behavioral activities that manag
in "ithin structures developed b the organization The established firms are generall able to overcompensate on
"ith another to reduce impact of a "ea$ lever
In case of start&ups) ho"ever) the entrepreneur or C.O needs tunderstand ho" each of the levers relate to compan/s strengt"ea$nesses
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Structural levers
A%&ion' 0ho) "hat and"hen of crossfunctionalintegration
Input and
Collaboration of allthe members at allthe levels ofstrateg
$rogram' Instillingorganizationallearning andcontinuousimprovement
practices Include globalpartners in theinnovation effort
Sy'&em' Installing strategicsupport sstemsthat provide timelaccess to both,ualitative and
,uantitative datafor effectivestrategic andtactical decisionma$ing
$oli%ie .stablisStrategpolicies
Strategpolicies
CO''.Cpatternda decactions
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(anagerial levers
n&era%&ing
The e#ercising ofstrategic leadership2e %esponsibilities ofleaders include:3irection) Protection)Orientation)(otivation) (anagingconflict
n&era%&ing
Five levels of'eadership hierarch:'evel 4& 5ighlcapable individuals'evel -&Contributingteam member'evel 6&Competentmanager'evel 7&.ffectiveleader'evel 8 .#ecutive
Allo%a&ing
*nderstanding "henand "here to allocateresources.ncompasses the useof ma9or resourcessuch as mone)people andcapabilitiesOthers resourcesinclude Phsicalcapital) 5umancapital) Organizationalcapital
oni&oring
Ting re"ards toachievements!(onetar and non(onetarood "or$ should bere"arded) bad "or$punished ande#ecutive pa shoulddepend onorganization;s overall%eturn on .,uit) sasBrnes
*
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