• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Business strategy defined
 

Business strategy defined

on

  • 1,095 views

 

Statistics

Views

Total Views
1,095
Views on SlideShare
829
Embed Views
266

Actions

Likes
0
Downloads
43
Comments
0

8 Embeds 266

http://app4.websitetonight.com 100
https://www.zeniahospitality.com 64
http://www.slideshare.net 43
http://www.zeniahospitality.com 21
http://app5.websitetonight.com 19
http://zeniahospitality.com 13
url_unknown 4
https://zeniahospitality.com 2
More...

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment
  • The Wheels of Change
  • Translate The Strategy to Operational Terms
  • Align The Organization To The Strategy
  • Mobilization
  • Three Actions Must Be Taken By The Leader
  • Balanced Strategy
  • Planning – Organizing –Coordinating – Commanding - Controlling

Business strategy defined Business strategy defined Presentation Transcript

  • 1
    Business Strategy
    Defined
  • 2
    Business
    STRATEGY
    -Defined -
  • 3
    The Wheels of Change
    Make the Strategy
    Everyone’s
    Everyday Job
    Translate the Strategy to Operational Terms
    Make The Strategy A Continual Process
  • 4
  • Align the
    Organization
    to the Strategy
  • Mobilize Change through Executive Leadership
    8
  • 9
    mobilization
  • Three actions must be taken by the leader
    10
  • Management Control System Strategic Management System
    Strategy
    &
    Vision
    Translating
    The
    Vision
    Budget
    &
    Objectives
    Review
    &
    Re-orient
    Personal
    Incentives
    Budget
    &
    Objectives
    Communicating
    &
    Linking
    Feedback
    &
    Learning
    Planning
    & Capital
    Allocation
    Business
    Planning
    Single Player
    =
    GM
    Multiple Players
    =
    GM & EXCOM &HOD & R&F
    11
  • 12
  • 13
  • 14
  • and success through answering question such as:
    When designing a strategic thinking organization, you must consider long-term competitive advantage
    15
  • 16
  • 17
  • The Turnaround Strategist
    18
    The decision making approach focuses on turning around the performance of an organization in decline. To achieve turnaround success, it is important to implement new control systems quickly and to focus on the reasons for decline and reverse them. It is therefore, necessary to forecast and manage uncertainties. This requires intuition, creative insight and the ability to respond to events quickly, effectively and imaginatively.
    Continuous improvement
    is always to be valued, but there are times when more dramatic change is needed.
    Controlling Costs
    is one way of boosting profits and reducing losses. One of the most important factors in controlling cost is attitude. Create an understanding throughout the organization of the financial facts of business life
  • Reducing Costs & Improving Efficiency
    19
  • Translating the Strategy Into Desired Outcomes
    20
  • Translating the Strategy Into Desired Outcomes
    21
  • four-prong approach to succeeding with ourStrategy
    22
  • 23
  • Revenue Growth Strategy
    24
  • 25
  • Strategic Outcomes
    26
  • Strategy is a Hypothesis
    27
  • Strategy Consists of Various Themes
    28
  • The Value Proposition
    29
  • 30
    Value Chain
    Customer
    Management
    Processes
    Regulatory
    Processes
    Operational
    Processes
    Innovation
    Processes
    Supply
    Management
    Cost
    Reduction/
    Quality Control
    Operation
    Efficiency
    Health
    Safety
    Environment
    Social
    Invention
    Product
    Development
    Speed
    To Market
    Joint
    Partnerships
    Solution
    Development
    Customer
    Service
    Relationship
    Management
    Achieve Operational Excellence
    Be a Good
    Corporate
    Citizen
    Increase
    Customer Value
    Build the
    Business
  • 31
    The Learning and Growth Perspective
    Strategic Competencies
    Strategic Technologies
    Climate for Action
    Skills
    Knowledge
    Sharing
    Infrastructure
    Alignment
    Awareness
    Applications
    Motivation
    Readiness
    Best
    Practice
    Sharing
    Understanding
    Of
    Strategy
    Goals
    Aligned
    With
    Strategy
    Key
    Position
    Employees
    Morale
    Suggestion
    Program
    Empowerment
    Strategic
    Skills
  • Knowledge Management Strategy
    32
    • Reduce Cost
    • Improve Quality
    • Use “Know-How” from Top-Performing units to others
    • Don’t Reinvent the Wheel
    • Reduce Time to Market
    • Commercialize new Products Faster
    • Ensure that Ideas Flow from Customers and Front-Line to R&D
    • Re-use and re-apply tested knowledge and method
    • Capture Knowledge
    About Customers
    • Understand Customer Needs
    • Empower Front-Line Staff
    • Ensure that Everyone knows the Customer
    • Make Company knowledge to Customers
  • The benefits ofScenario Planning
    33
  • The benefits of Scenario Planning
    34
  • 35
    Human Resources Management Process
    Recognizing
    Market
    Opportunities
    Adding Value
    To the Customer
    Organization
    Awareness
    Conceptual
    Thinking
    Relationship
    Building
    Analytical
    Thinking
    Information
    Seeking
    Impact and
    Influence
    Self
    Confidence
    Concern
    For Quality
    Interpersonal
    Understanding
    Developing
    Others
    Initiative
    Working with
    Colleagues
    Delivering
    Results
    Team
    Leadership
    Holding People
    Accountable
  • Thank you for readingfor additional information please visitwww.zeniahospitality.comBest viewed with Firefox Browser
    36