Scribd
Upload
96 views3 pages

Marshalling Resources Behind The Drive For Strategy Execution

The document discusses strategies for effectively executing organizational strategies. It covers marshalling resources to support strategy execution, instituting policies and procedures to align actions with strategy, and adopting best practices to continuously improve performance. Key aspects include carefully screening funding requests to support strategic activities, reallocating funds and people to signal commitment to change, establishing top-down guidance on how work should be done, and benchmarking best practices to implement and improve strategy-critical processes.

Uploaded by

Japol Arban
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
96 views3 pages

Marshalling Resources Behind The Drive For Strategy Execution

The document discusses strategies for effectively executing organizational strategies. It covers marshalling resources to support strategy execution, instituting policies and procedures to align actions with strategy, and adopting best practices to continuously improve performance. Key aspects include carefully screening funding requests to support strategic activities, reallocating funds and people to signal commitment to change, establishing top-down guidance on how work should be done, and benchmarking best practices to implement and improve strategy-critical processes.

Uploaded by

Japol Arban
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
You are on page 1/ 3

Marshalling Resources behind the Drive for Strategy Execution

Objective To know the funding requirements of a new strategy and the allocation of capital given the size of each units operating budgets. Execution

Careful screening of requests; Approving cost-justified activities that contribute to the strategy execution; Too little funding slows progress and impedes efforts; Too much funding wastes organizational resources. Assessment
Visible actions to reallocate operating funds and move people into new organizational units signal a determined commitment to strategic change and frequently are needed to catalyze the implementation process and give it credibility.

Instituting Policies and Procedures that Facilitate Strategy Execution


Provides top-down guidance about how certain things need to be done.
Helps align the actions and behavior of company personnel with the requirements for good strategy execution Places limits on independent action and helps overcome resistance to change Channels individual and group efforts along a strategy-supportive path.

Prescribing Policies and Procedures

Helps enforce consistency in how strategy-critical activities are performed in geographically scattered organization units Promotes the creation of a work climate that facilitates good strategy execution

Adopting Best Practices and Striving for Continuous Improvement


Best Practice and Benchmarking A best practice is any practice that at least one company has proved works particularly well. Benchmarking on the other hand is the backbone of identifying, studying and implementing best practices. From BP and Benchmarking to Operating Excellence
Participate in benchmarking to identify the best practice for performing an activity Adapt the best practice to fit the companys situation; then implement it Continue to benchmark company performance of the activity against best-in-industry or bestin-world performers Move closer to operating excellence in performing the activity

Business Process Reengineering VS Six Sigma Quality Programs and TQM


BPR
Reorganizing the fragmented tasks to perform the activity in a strategy-supportive fashion

SSQP

TQM

VS

Consists of disciplined, statistics-based procedure aiming for productivity (DMAIC)

&

Entails creating a total quality culture bent on continuously improving the performance of every task and value chain activity

You might also like