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Leadership and
Community
Service
Certificate :
Strategic
Thinking
Louise Kelly, PhD
Professor of Management and
Leadership
University of La Verne
How Practicing Strategic Leadership and Decision Making Can Uplift Your Community
The Strategic Management Process
Mission
& Vision
Goals &
Objectives
External
Analysis
Internal
Analysis
Strategic
Choice
Strategy
Implementation
Evaluation
and Control
Strategy
• Implementation comprises of
two processes
 Strategy planning
(development) process
 Strategy execution and
control
Decision Making and Intuition
Practicing
Strategic
Leadership
Strategic Leadership
• Strategic leadership & top-level managers
importance
• Top management teams effects on firm
performance
• Value of strategic leadership in determining
firm’s strategic direction
7
Balanced
Scorecard
Strategic Controls and Financial Controls in a Balanced
Scorecard Framework
9
Strategy Map
Balanced Scorecard
Strategy Performance Management
Tools
Balanced scorecard
Strategic planning and management system that can
be used to align strategy and organization
Measures firm’s performance from four perspectives
Key Strategic Leadership Actions
• Establishing Balanced Organizational Controls
• Strategic leaders are responsible for the development and effective use of
strategic and financial controls
• Controls provide the parameters for implementing strategies as well as the
corrective actions to be taken when implementation related adjustments are
required
• The challenge is to achieve an appropriate balance of financial and strategic
controls
• The Balanced Scorecard
• Framework that allows strategic leaders to verify that they have established both
financial and strategic controls to assess firm performance
• Underlying premise is that firms jeopardize their future performance possibilities
when financial controls are emphasized at the expense of strategic controls
• An appropriate balance of strategic and financial controls allows firms to achieve
higher level of performance.
• Uses multiple perspectives
13
Leadership certificate   strategy copy 2

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Leadership certificate strategy copy 2

  • 1. Leadership and Community Service Certificate : Strategic Thinking Louise Kelly, PhD Professor of Management and Leadership University of La Verne
  • 2. How Practicing Strategic Leadership and Decision Making Can Uplift Your Community
  • 3. The Strategic Management Process Mission & Vision Goals & Objectives External Analysis Internal Analysis Strategic Choice Strategy Implementation Evaluation and Control
  • 4. Strategy • Implementation comprises of two processes  Strategy planning (development) process  Strategy execution and control
  • 7. Strategic Leadership • Strategic leadership & top-level managers importance • Top management teams effects on firm performance • Value of strategic leadership in determining firm’s strategic direction 7
  • 9. Strategic Controls and Financial Controls in a Balanced Scorecard Framework 9
  • 12. Strategy Performance Management Tools Balanced scorecard Strategic planning and management system that can be used to align strategy and organization Measures firm’s performance from four perspectives
  • 13. Key Strategic Leadership Actions • Establishing Balanced Organizational Controls • Strategic leaders are responsible for the development and effective use of strategic and financial controls • Controls provide the parameters for implementing strategies as well as the corrective actions to be taken when implementation related adjustments are required • The challenge is to achieve an appropriate balance of financial and strategic controls • The Balanced Scorecard • Framework that allows strategic leaders to verify that they have established both financial and strategic controls to assess firm performance • Underlying premise is that firms jeopardize their future performance possibilities when financial controls are emphasized at the expense of strategic controls • An appropriate balance of strategic and financial controls allows firms to achieve higher level of performance. • Uses multiple perspectives 13

Editor's Notes

  1. This table summarizes some of the more prominent biases examined by decision-making researchers.