Implementation control - strategic control - strategic implementationmanumelwin
Implementation control is aimed at assessing whether the plans, progammes and policies are actually guiding the organization towards its predetermined objectives or not. If the resources that are committed to a project at any point of time would not benefit an organization as envisaged, corrective steps should be undertaken immediately.
Implementation control - strategic control - strategic implementationmanumelwin
Implementation control is aimed at assessing whether the plans, progammes and policies are actually guiding the organization towards its predetermined objectives or not. If the resources that are committed to a project at any point of time would not benefit an organization as envisaged, corrective steps should be undertaken immediately.
Strategy framework including 3 stage of strategy choice which is input stage, matching stage (swot matrix, space matrix, bcg matrix, gap analysis, grand strategy mix, ge matrix) and decision stage (qspm). also include be cultural aspect of strategy choice
This presentation presents the Strategy Execution Agenda – a management model with eight strategy implementation success factors that allows executives and managers to master one of the greatest management challenges – successfully implementing strategy.
Matrix is used in management off organization or we can say it a matrix management within an organization. It is defined as: It is a type of organizational management wherein employees of similar skills are shared for work assignments. Simply stated, it is a structure in which the workforce reports to multiple managers of different roles. It is recognizing that companies have both vertical and horizontal chains of command, for which matrix model is created. The concept of this principle lies in the ability to manage the collaboration of people across various functions and achieve strategic objectives through key projects.
Strategy framework including 3 stage of strategy choice which is input stage, matching stage (swot matrix, space matrix, bcg matrix, gap analysis, grand strategy mix, ge matrix) and decision stage (qspm). also include be cultural aspect of strategy choice
This presentation presents the Strategy Execution Agenda – a management model with eight strategy implementation success factors that allows executives and managers to master one of the greatest management challenges – successfully implementing strategy.
Matrix is used in management off organization or we can say it a matrix management within an organization. It is defined as: It is a type of organizational management wherein employees of similar skills are shared for work assignments. Simply stated, it is a structure in which the workforce reports to multiple managers of different roles. It is recognizing that companies have both vertical and horizontal chains of command, for which matrix model is created. The concept of this principle lies in the ability to manage the collaboration of people across various functions and achieve strategic objectives through key projects.
Global strategy execution and it accountability an accelerator approachReddappa Gowd Bandi
This artifact is a research artifact based on multi year experience across the 10's of customers across number of countries.
Main focus of this research paper is,
1.How an corporate/organization's strategy will be translated into a Implementation level Blueprint
2.Process and actions involved in such an effort
3.How the Blue print helps to arrive to a execution plan through organizational structure, processes and systems/platforms.
4.And how IT is accountable in such plan preparation at detailed level
5.What would be those Strategy acceleratores
6.How those accelerators can become an IP based Corporate based accelerators' framework.
Also paper provides the details at 10ft level with all necessary stakeholders in the strategy execution process and standard workflow process involved in these kinds of successful strategy programs.
This will be extensible/tailorable to any organization or IT group based on organizational interest and structure. The accountability matrix is going to be standard one. These accelerators/approches are readily implementable and timeline depends on the organization/business complexity.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
2. Introduction
• Quantitative Strategic Planning
Matrix (QSPM) is a high-level
strategic management approach
for evaluating possible strategies
• QSPM provides an analytical
method for comparing feasible
alternative actions
• The QSPM method falls within
so-called stage 3 of the strategy
formulation analytical framework
3. stage 3 of the strategy formulation analytical
framework
Stage 1 the input stage
The first step in the overall strategic management analysis is used to identify key strategic factors. This can be
done using, for example, the EFE matrix and IFE matrix.
Stage 2 the matching stage
After we identify and analyze key strategic factors as inputs for QSPM, we can formulate the type of the
strategy we would like to pursue. This can be done using the stage 2 strategic management tools, for example
the SWOT analysis (or TOWS), SPACE matrix analysis, BCG matrix model, or the IE matrix model.
Stage 3 the decision stage
The stage 1 strategic management methods provided us with key strategic factors. Based on their analysis, we
formulated possible strategies in stage 2. Now, the task is to compare in QSPM alternative strategies and
decide which one is the most suitable for our goals.
The stage 2 strategic tools provide the needed information for setting up the Quantitative Strategic Planning
Matrix - QSPM. The QSPM method allows us to evaluate alternative strategies objectively.
Conceptually, the QSPM in stage 3 determines the relative attractiveness of various strategies based on the
extent to which key external and internal critical success factors are capitalized upon or improved. The relative
attractiveness of each strategy is computed by determining the cumulative impact of each external and
internal critical success factor.
5. Strategy
• All nine techniques in strategy
formulation required analysis as
well as intuition in assigning
weights
• This gives a shift of word
oriented to number oriented
planning which is rational to a
great extend
• But even in these methods
personal bias, emotions,
personalities and Halo error play
a dominant role
6. Steps to form a QSPM
1. The overall strategic management analysis is used to identify key
strategic factors. This can be done using the EFE & IFE matrix.
2. Formulation of the type of the strategy we would like to pursue. This
can be done using the SWOT analysis, SPACE matrix analysis, BCG
matrix model, or the IE matrix model.
3. Each key external and internal factor should have some weight in the
overall scheme. These weights from the IFE and EFE matrices.
4. Attractiveness Scores (AS) how each factor is important or attractive
to each alternative strategy. Attractiveness Scores are determined by
examining each key external and internal factor separately(0,1,2,3,4)
5. Total Attractiveness Scores are defined as the product of multiplying
the weights(step 3) by the Attractiveness Scores (step4) in each row.
6. Calculate the Sum Total Attractiveness Score by adding all Total
Attractiveness Scores in each strategy column of the QSPM
7. Rules for QSPM
• If a particular factor affects one
strategy and not other then it
affects the choice so the AS
should be recorded for both
strategies
• Scores in a row is never
duplicated
• QSPM is always prepared row-
wise
• If there is more than one
strategy in QSPM then AS scores
8. Limitation and advantages
Limitation
•A limitation of the QSPM is that it
can be only as good as the
prerequisite information and
matching analyses upon which it is
based.
•Requires good judgment in assigning
attractiveness scores.
•The sum total attractiveness scores
can be really close such that a final
decision is not clear.
•Like all analytical tools however, the
QSPM should not dictate decisions
but rather should be developed as
input into the owner’s final decision.
Advantages
•A QSPM provides a framework to
prioritize the strategies, it can be used
for comparing strategies at any level
such as corporate, business and
functional.
•The other positive feature of QSPM
that it integrate external and internal
factors into decision making process.
•A QSPM can be developed for small
and large scale profit and non-profit
organizations.
•Only strategies in a given set are
evaluated relative to each other
9. Why go for QSPM?
• QSPM approach attempts to
objectively select the best
strategy using input from other
management techniques and some
easy computations
• The QSPM method uses inputs
from stage 1 analyses, matches
them with results from stage 2
analyses, and then decides
objectively among alternative
strategies