Business Strategy

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Business Strategy

  1. 1. Business Strategy Presentation Joyce M. Holland University of Phoenix MGT 588:Organizational Research and Process Consultation Eugene Kaufman, MBA August 4, 2004
  2. 2. Article : Build Organizational Equity <ul><li>Useful Information : </li></ul><ul><li>Ways to ensure you are rewarded for contributing innovativeness and creativity to projects </li></ul>
  3. 3. Article : Build Organizational Equity (Cont.) <ul><li>Value on Present and Future Career: </li></ul><ul><li>Receive credit and recognition for all project and group contributions </li></ul>
  4. 4. Organizational Culture <ul><li>Core Group- Maintain and Define the status quo of organization or company. </li></ul><ul><li>Transactional Employees- Perceived as commodity </li></ul>
  5. 5. Create Personal Leverage in Organization <ul><li>Gain Social Capital Equity by building Organizational Equity. </li></ul><ul><li>FUNGIBLE Financial Equity </li></ul><ul><li>RAINMAKING Equity </li></ul><ul><li>CREDENITIAL Equity </li></ul>
  6. 6. Create Personal Leverage in Organization (Cont.) <ul><li>Gain Social Capital Equity by building Organizational Equity. </li></ul><ul><li>REPUTATION Equity </li></ul><ul><li>RELATIOPSHIP Equity </li></ul><ul><li>CAPABILITY Equity </li></ul>
  7. 7. Article : 10 Principles of Change Management <ul><li>Useful Information </li></ul><ul><li>Process began by establishing buy-in agreements from top management teams. </li></ul>
  8. 8. 10 Principles of Change Management (Cont.) <ul><li>Value on Present and Future Career </li></ul><ul><li>Help monitor performance success </li></ul><ul><li>Help in building personal equity bases </li></ul>
  9. 9. Comprehensive Framework <ul><li>Systematically Address Human Side </li></ul><ul><li>Establish Buy-in Relationship with Executives </li></ul><ul><li>Utilize every level, branch or structure of the organizational chart </li></ul>
  10. 10. Comprehensive Framework (Cont.) <ul><li>Document chains of communication </li></ul><ul><li>Clearly articulate and formalize strategic plans. </li></ul><ul><li>Establish and monitor commitment and buy-in </li></ul><ul><li>Conduct and internal and environmental scan </li></ul>
  11. 11. Comprehensive Framework (Cont.) <ul><li>Identify the cultural environment: Internal and External Stakeholders, and Shareholders </li></ul><ul><li>Create Contingency Plans </li></ul><ul><li>Conduct the following: Monitor, Evaluate, Feedback, Recommendations </li></ul>
  12. 12. Article : Top 10 Innovation Themes <ul><li>Useful Information : Companies rely on and Use Patterns to create comprehensive, integrated strategies when seeking out ways to innovate the business </li></ul>
  13. 13. Article : Top 10 Innovation Themes (Cont.) <ul><li>Value on Present and Future Career: Identify the Essential Strategies used by Companies </li></ul><ul><li>Help monitor trend analysis </li></ul>
  14. 14. Industry Building Blocks <ul><li>Consolidation </li></ul><ul><li>Bypassing </li></ul><ul><li>Value Migration </li></ul>
  15. 15. Industry Building Blocks (Cont.) <ul><li>Teaming Up </li></ul><ul><li>Digital Delivery </li></ul><ul><li>Deep Connections </li></ul><ul><li>ASAP </li></ul>
  16. 16. Industry Building Blocks (Cont.) <ul><li>Customization </li></ul><ul><li>Mass-Market </li></ul><ul><li>Fix-it-for-me </li></ul>
  17. 17. Strategy-Business. Second Quarter 2001 David Y. Choi and Liisa Välikangas. Top 10 Innovation Themes: Retrieved on Auguest 3, 2004, from: http://www.strategy-business.com/search/archives/?issue=17045&x=66&y=10 Strategy-Business. Summer 2004. John Jones, DeAnne Aguirre, and Matthew Calderone . The 10 Principles of Change Management. Retrieved on Auguest 3, 2004, from: http://www.strategy-business.com/search/archives/?issue=3358981&x=87&y=7 Strategy-Business. Summer 2003. Art Kleiner . Build Your Organizational Equity. Retrieved on Auguest 3, 2004, from: http://www.strategy-business.com/press/article/21679?pg=0
  18. 18. Questions & Answers August 4, 2004

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