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Execution Strategy

Execution strategy to guide manager top management

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Basith
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77 views

Execution Strategy

Execution strategy to guide manager top management

Uploaded by

Basith
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Good strategy execution requires a team effort.

All managers have strategy executing


responsibility in their areas of authority and all employee are active participants in the strategy
execution process

gain command of what manager must do to build an organization capable of good strategy
execution
the ultimate goal of decentralisation making is to put decision-making authority in thr hands of
those person or team closest to and most knowledgeable about the situation

learn why resources allocation should always on strategic priorities
a company strategic priorities must drive how capital allocation are made and size of each units
operating budget

understand why policies and procedures should be designed to facilitate good strategy
execution
well-conceived policies and procedures aid strategy execution; out-of-sync one are barriers to
effective implementation

understand how process management program that drive continuous improvement help an
organization achieve operating excellence
the purposes using benchmarking, best practices reengineering, TQM, Six Sigma, or other
operational improvement program is to improve the performance of strategy-critical activities
and promote superior execution

recognize the role of information and operating system in enabling company personel to carry
out their strategy roles proficiency
having state-of-the-art operating system, information system and real time data is integral to
competent strategy execution and operating excellence

Learn how and why the use of well-designed incentives and reward can be managements
single most powerful tool for promoting operating excellence
properly designed reward structure is managements most powerful tool gaining employee
commitment to superior strategy execution and excellence operating result

corporate culture is a companys internal work climate and is shaped by its core values, beliefs
and business principles. a companys culture is important because it influences its traditions,
work practice and style of operating
a companys strategy involves, an adaptative culture is definite ally in the strategy executions
process

understand what constitutes effective managerial leadership in achieving superior strategy
execution

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