Strategy Implementation, Control And Innovation
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Strategy Implementation, Control And Innovation

 
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Principal Consultant & Principal Trainer

Strategic management has two equally important, interrelated in life but separated here to add to the study of what it involves. It is an important caveat to remember. For a strategy’s ultimate success, it must become effective in organization’s and individual action this means that

1. The strategy must be translated into guidelines for the daily activities of the firm’s members.

Strategy Implementation, Control And Innovation

2. The strategy and the firm must become one –that is the strategy must be reflected in

  • The way the firm organizes its activities.
  • The key organization leaders
  • The culture of the organization

3. The company’s mangers must put into place “steering” controls that provide strategic control and the ability to adjust strategies , commitments, and objectives in response to ever-changing future conditions.

4. Increasingly organization must make a serious commitment to be innovative and must consider bringing the entrepreneurship process into their company to survive, grow and prosper in a vastly more competitive and rapidly changing global arena.

The organization should have a clear short term objectives and action plan, development of specific functional tactics to include outsourcing that create competitive advantage. Empowerment of operating personnel through policies to guide decisions and implementation of effective reward system.

Short term objectives and action plans guide implementation by converting long term objectives into short term actions and targets. Functional tactics whether done internally or outsourced to other partners translated the business strategy into activities that build advantage . Today’s competitive environment requires careful analysis in designing the organizational structure most suitable to build and sustain competitive advantage.

There can be no doubt that effective organizational leadership and the consistency of a strong organizational structure reinforcing norms and behaviors best suited to the organization’s mission are two central ingredients in enabling successful execution of a firm’s strategies and objectives. Because the firm’s strategic is implemented in a changing environment , successful implementation requires strategic control-an ability to steer through an extended future time period when premises , sudden events, internal implementation efforts and general economic and societal developments will be sources of change not anticipated or predicted when the strategy was conceived and initiated.

The overriding concerns in executing strategies and leading a company are survival, growth and prosperity in a global economy that allows everyone instant information and instant connectivity , change often occurs at lightning speed thus leaders are increasingly encouraging their firms to embrace innovation and entrepreneurship as key ways to respond to such overwhelming uncertainty.

Implementation is where the action is it is the arena that most people enter at their start of their business career’s; it is the strategic phase in staying close to the customer, achieving competitive advantage and pursuing excellence become realities. In this phase the firm should implement quality management standards like ISO 9001, TQM and for Customer Centric action of continuous improvement they should implement Six Sigma and maintain and control the level of Six Sigma by using statistical software packages like Minitab and samples(Data) collected from the organizations line of operations and entering into the software and check the output whether it is meeting the customer requirement.

Implementation and Control of strategy in an organization is a vast topic the article doesn't cover the in depth concepts but it will give a brief idea about the framework.

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