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2018
Corporate
Strategy
Abstract
The Organization plans to grow
further and become most admirable
company.
 Focus on PPP
 Planet People Profit
 Become Green, Manage Waste,
Automate process, increase
information sharing, Increase
visibility, empower staff
 Good working environment, more
facilities, CSR
 Make sustainable profit margins
Strategy
Strategy is the game plan.
Wants to be the number 1
company.
• Best People wants to join
• Best service company
• Highly skilled and motivated staff
• Customer oriented service
• Empowered work force
Business
Strategy
Corporate
Culture
Types of
Strategy
Future
Thinking
Strategic
Intents
Strategic
Planning
Analysis
Evaluation
Corporate Culture
 The beliefs and values shared by people who work in an
organisation
 How people engage with each other
 How people engage with customers/clients
 How people view their relationship with stakeholders
 People’s responses to energy use, community involvement, absence,
work ethic, etc.
 How the organisation behaves to its employees – training,
professional development, etc.
Comply to Systems
Enterprise Resource Planning
Adhere to financial settlements
Tracking of people and vehicles
Project visibility
Resource utilizations
Purchasing transparency
Corporate Culture
Driven by:
•Vision – where the organisation wants to go in the
future
•Mission Statement – summary
of the beliefs of the organisation and where it is now
Corporate Culture
Reflected in:
Attitude and behaviour of the leadership
Attitude to the role of individuals in the
workplace – open plan offices, team based
working, etc.
Definition of Logo of the organisation
The image present to the outside world
Its attitude to change
Strategic Planning
 First Stage of Strategic
Planning may involve:
 Futures Thinking
 Thinking about what the
business might need to do 10–
20 years ahead
 Strategic Intents
 Thinking about key strategic
themes that will inform
decision making
 “The thicker the planning document,
the more useless it will be”
 (Brent Davies: 1999)
Taking time to think and
reflect may be more important
than many businesses allow
time for!
Copyright: Intuitives, http://www.sxc.hu
Strategic
Planning
Aims and Objectives:
Aims – long term target
Objectives – the way in
which you are going to
achieve the aim
The Vision
Communicating to all staff
where the organisation is
going and where
it intends to be in the future
Allows the firm to set goals
SWOT
Strengths –
identifying
existing
organisational
strengths
Weaknesses –
identifying
existing
organisational
weaknesses
Opportunities –
what market
opportunities
might there be
for the
organisation to
exploit?
Threats –
where might
the threats
to the future
success come
from?
PEST
Political: local,
national and
international
political
developments –
how will they
affect the
organisation and
in what way/s?
Economic: what
are the main
economic issues –
both nationally
and
internationally –
that might affect
the organisation?
Social: what are
the developing
social trends that
may impact on
how the
organisation
operates and
what will they
mean for future
planning?
Technological:
changing
technology can
impact on
competitive
advantage very
quickly!
Five-Forces
Developed by Michael Porter: forces that shape and influence the industry or market the
organisation operates in.
 Strength of Barriers to Entry - how easy is it
for new rivals to enter the industry?
 Extent of rivalry between firms – how competitive
is the existing market?
 Supplier power – the greater the power, the less control the organisation has on the
supply of its inputs.
 Buyer power – how much power do customers
in the industry have?
 Threat from substitutes – what alternative products
and services are there and what is the extent
of the threat they pose?
Required Inputs
 Changing strategy will impact on the resources
needed to carry out the strategy:
 Specifically the impact on:
Land – opportunities for acquiring land for development –
green belt, brownfield sites, planning regulations, etc.
Labour – ease of obtaining the skilled and unskilled labour
required
Capital – the type of capital and the cost of the capital
needed to fulfil the strategy
Types of Strategy
Competitive Advantage – something which
gives the organisation some advantage over its
rivals
Cost advantage – A strategy to seek out and
secure a cost advantage of some kind - lower
average costs, lower labour costs, etc.
Types of Strategy
 Market Dominance:
 Achieved through:
 Internal growth
 Acquisitions – mergers and takeovers
 New product development: to keep ahead of rivals and
set the pace
 Contraction/Expansion – focus on what you are good
at (core competencies) or seek to expand into a range
of markets?
Types of Strategy
 Price Leadership – through dominating the industry – others
follow your price lead
 Global – seeking to expand
global operations
 Reengineering – thinking outside the box – looking at news
ways of doing things to leverage the organisation’s
performance
Managing Complex Change
Evolving Concepts
Revenue share  Profit Share
SBU – Strategic Business Units
Customer Centric Solutions
Service Level Monitoring
Relationship Management
Proactive Sales activity
Image Building initiatives
Staff Motivation and product knowledge
Revenue Share  Profit Share
If the commissions
are equivalent to
5% of the Revenue,
it may be 20% of
the profit.
1
What company
need is profit.
2
Change from
revenue share to
profit share, this will
change the way
people work.
3
Need to arrange
the systems to
support this.
4
SBU – Strategic Business Units
Convert all departments bringing revenue to SBU
SBU wise P&L to be calculated.
Any resources shared from the main office need to be charged based
on actuals.
Then direct labour / our sourced labour confusions will be eliminated
Customer Centric Solutions
Only provide what
customer wants
01
Give value
additions with
monitoring and
maintenance
02
Keep the customer
in constant loop
and give proactive
service
03
Service Level Monitoring
Log all customer
complains
1
Give a hot line to
all customers to
call
2
Proactive phone
calls to find the
status of the
product or service
3
Keep customer in
contact and
remind him about
our presence
frequently
4
Relationship Management
CEO
GM
AGM
GM
AGM
MGR
AMGR
CEO
GM
AGM
GM
AGM
MGR
AMGR
Your
Company
Supplier /
Customer/
Competitor
Company
More the levels
the results would
be better
Proactive Sales Activity
Maintain a
client list
Keep them
constant
updates and
products
Email marketing
Customer
events and
social gathering
Social Media
updates to
customers
Product articles
Show as an
active
company
Image Building Actions
Illumination of the office well
Braded and new vehicle fleet
uniforms to staff
High class board room with latest facilities
Invite suppliers and customers to office time to time
Have small gift items (non wearable) as presents
Display the awards received by the company and give good image at entrance point
Rich appearance to the entrance and car park
Staff Motivation and Product Training
Have a
continuous
training plan
Training on
company
motives and
strategy
Training on
company
products and
solutions
Create a pride for
working in the
company
Uniforms and T
shirts for casual
wear
Transparency in
attendance, OT
and leave
Create
celebrations for
small reasons
Build relationships
amoung staff
when doing the
trainings
Thank You
sanathp@futurenetwork.lk

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2018 strategy

  • 2. Abstract The Organization plans to grow further and become most admirable company.  Focus on PPP  Planet People Profit  Become Green, Manage Waste, Automate process, increase information sharing, Increase visibility, empower staff  Good working environment, more facilities, CSR  Make sustainable profit margins
  • 3. Strategy Strategy is the game plan. Wants to be the number 1 company. • Best People wants to join • Best service company • Highly skilled and motivated staff • Customer oriented service • Empowered work force
  • 5. Corporate Culture  The beliefs and values shared by people who work in an organisation  How people engage with each other  How people engage with customers/clients  How people view their relationship with stakeholders  People’s responses to energy use, community involvement, absence, work ethic, etc.  How the organisation behaves to its employees – training, professional development, etc.
  • 6.
  • 7. Comply to Systems Enterprise Resource Planning Adhere to financial settlements Tracking of people and vehicles Project visibility Resource utilizations Purchasing transparency
  • 8. Corporate Culture Driven by: •Vision – where the organisation wants to go in the future •Mission Statement – summary of the beliefs of the organisation and where it is now
  • 9. Corporate Culture Reflected in: Attitude and behaviour of the leadership Attitude to the role of individuals in the workplace – open plan offices, team based working, etc. Definition of Logo of the organisation The image present to the outside world Its attitude to change
  • 10. Strategic Planning  First Stage of Strategic Planning may involve:  Futures Thinking  Thinking about what the business might need to do 10– 20 years ahead  Strategic Intents  Thinking about key strategic themes that will inform decision making  “The thicker the planning document, the more useless it will be”  (Brent Davies: 1999) Taking time to think and reflect may be more important than many businesses allow time for! Copyright: Intuitives, http://www.sxc.hu
  • 11. Strategic Planning Aims and Objectives: Aims – long term target Objectives – the way in which you are going to achieve the aim The Vision Communicating to all staff where the organisation is going and where it intends to be in the future Allows the firm to set goals
  • 12. SWOT Strengths – identifying existing organisational strengths Weaknesses – identifying existing organisational weaknesses Opportunities – what market opportunities might there be for the organisation to exploit? Threats – where might the threats to the future success come from?
  • 13. PEST Political: local, national and international political developments – how will they affect the organisation and in what way/s? Economic: what are the main economic issues – both nationally and internationally – that might affect the organisation? Social: what are the developing social trends that may impact on how the organisation operates and what will they mean for future planning? Technological: changing technology can impact on competitive advantage very quickly!
  • 14. Five-Forces Developed by Michael Porter: forces that shape and influence the industry or market the organisation operates in.  Strength of Barriers to Entry - how easy is it for new rivals to enter the industry?  Extent of rivalry between firms – how competitive is the existing market?  Supplier power – the greater the power, the less control the organisation has on the supply of its inputs.  Buyer power – how much power do customers in the industry have?  Threat from substitutes – what alternative products and services are there and what is the extent of the threat they pose?
  • 15. Required Inputs  Changing strategy will impact on the resources needed to carry out the strategy:  Specifically the impact on: Land – opportunities for acquiring land for development – green belt, brownfield sites, planning regulations, etc. Labour – ease of obtaining the skilled and unskilled labour required Capital – the type of capital and the cost of the capital needed to fulfil the strategy
  • 16. Types of Strategy Competitive Advantage – something which gives the organisation some advantage over its rivals Cost advantage – A strategy to seek out and secure a cost advantage of some kind - lower average costs, lower labour costs, etc.
  • 17. Types of Strategy  Market Dominance:  Achieved through:  Internal growth  Acquisitions – mergers and takeovers  New product development: to keep ahead of rivals and set the pace  Contraction/Expansion – focus on what you are good at (core competencies) or seek to expand into a range of markets?
  • 18. Types of Strategy  Price Leadership – through dominating the industry – others follow your price lead  Global – seeking to expand global operations  Reengineering – thinking outside the box – looking at news ways of doing things to leverage the organisation’s performance
  • 20. Evolving Concepts Revenue share  Profit Share SBU – Strategic Business Units Customer Centric Solutions Service Level Monitoring Relationship Management Proactive Sales activity Image Building initiatives Staff Motivation and product knowledge
  • 21. Revenue Share  Profit Share If the commissions are equivalent to 5% of the Revenue, it may be 20% of the profit. 1 What company need is profit. 2 Change from revenue share to profit share, this will change the way people work. 3 Need to arrange the systems to support this. 4
  • 22. SBU – Strategic Business Units Convert all departments bringing revenue to SBU SBU wise P&L to be calculated. Any resources shared from the main office need to be charged based on actuals. Then direct labour / our sourced labour confusions will be eliminated
  • 23. Customer Centric Solutions Only provide what customer wants 01 Give value additions with monitoring and maintenance 02 Keep the customer in constant loop and give proactive service 03
  • 24. Service Level Monitoring Log all customer complains 1 Give a hot line to all customers to call 2 Proactive phone calls to find the status of the product or service 3 Keep customer in contact and remind him about our presence frequently 4
  • 26. Proactive Sales Activity Maintain a client list Keep them constant updates and products Email marketing Customer events and social gathering Social Media updates to customers Product articles Show as an active company
  • 27. Image Building Actions Illumination of the office well Braded and new vehicle fleet uniforms to staff High class board room with latest facilities Invite suppliers and customers to office time to time Have small gift items (non wearable) as presents Display the awards received by the company and give good image at entrance point Rich appearance to the entrance and car park
  • 28. Staff Motivation and Product Training Have a continuous training plan Training on company motives and strategy Training on company products and solutions Create a pride for working in the company Uniforms and T shirts for casual wear Transparency in attendance, OT and leave Create celebrations for small reasons Build relationships amoung staff when doing the trainings