Role of strategic direction
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The document discusses the role of strategic decision making in organizational design. It states that organizational design involves creating roles, processes, and structures to achieve organizational goals. While organizational design includes defining reporting lines, it is more than just positioning roles on an organizational chart. Developing a solid strategic direction provides guidance like a map and helps increase profitability and reduce stress. There are different levels of organizational goals, including strategic goals set by top management to provide overall direction, tactical goals for middle managers, and operational goals for front-line managers.
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Relevancy of Structural Analysis
Customer Intelligences
(Team Activity)
PART E: LATERAL THINKING WITH STRATEGIC POSSIBILITIES
Concept of Value Pioneering
Lack of strategic thinking by management staffs has been identified as a major shortcoming in organisations. Concepts in management and psychology had been drawn and used to remedy this situation.
Strategic thinking needs to be addressed at two different levels:
the individual level and
the organisational level.
Organisations that successfully integrate strategic thinking at these two levels will create a critical core competency that forms the basis of an enduring competitive advantage.
CORPORATE PLANNING & STRATEGIC MANAGEMENT Shivaji University Syllabus
This document discusses corporate planning and provides details on:
1. Corporate planning involves creating a strategy to meet business goals and improve the business through setting achievable goals and aligning employees.
2. A corporate plan examines a business's capabilities and lays out strategies to improve the company and meet goals, acting as a roadmap.
3. Key elements of a corporate plan include vision and mission statements, analyzing resources and scope, setting objectives and strategies, and more.
ORGANISATION DESIGN assignment 1
The document discusses the role of strategic direction in organizational design. It states that strategic direction refers to the plans and actions an organization takes to achieve its strategic goals and vision for the future. Setting strategic direction involves determining goals, identifying actions to achieve those goals, and allocating resources. Organizational design is used to implement strategic goals and direction, and impacts organizational success. Effective strategic direction requires developing a plan, clearly stating commitments, setting broad and measurable goals, tying goals to performance measurement, and keeping the strategic plan active over time.
Make Performance Improvement Strategic
The document discusses making performance improvement strategic by starting with high-level strategic thinking and aligning initiatives with organizational goals and strategy. It recommends developing a strategic framework that includes strategic elements, objectives mapped in a strategy map, and performance initiatives to address gaps in objectives. This allows initiatives to be logically tied to vision and strategy, improving alignment, accountability and focus on results. Whether for businesses, governments or nonprofits, the approach helps prioritize initiatives and measure their impact on desired outcomes.
Make Performance Improvement Strategic
The document discusses making performance improvement strategic by starting with high-level strategic thinking and aligning initiatives with organizational goals and strategy. It recommends developing a strategic framework that includes strategic elements, objectives mapped in a strategy map, and performance initiatives to address gaps in objectives. This allows initiatives to be logically tied to vision and strategy. The approach ensures line-of-sight alignment between goals, strategy, and performance at all levels of the organization.
Technology Company Balanced Scorecard Systems 06222010 Final
This document discusses strategy-based balanced scorecards for technology companies. It explains that strategy-based scorecards align employee work with organizational strategy and vision. The document outlines how to develop a strategy-based balanced scorecard including defining mission, vision, strategic perspectives and objectives. It emphasizes linking these strategic components to create organizational alignment and communicate value creation for customers.
Technology Company Balanced Scorecard Systems 06222010 Final
This document discusses strategy-based balanced scorecards for technology companies. It describes how a balanced scorecard can be used as a strategic planning and management system to align business strategy, measure progress, and communicate performance. The document provides an overview of key elements of developing a strategy-based balanced scorecard, including identifying strategic themes, objectives, and performance measures. It also gives examples of potential strategic objectives for a technology company, focusing on the themes of disrupting the marketplace and strengthening customer interactions.
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Role of strategic direction
- 1. ROLE OF STRATEGIC DECISION IN ORGANIZATIONAL DESIGN BY R.NIVEDITHA RA1952001020006
- 2. Introduction Strategic direction Role of strategic direction Organizational goals Porter’s competitive strategies
- 3. Organization design” involves the creation of roles, processes and structures to ensure that the organization’s goals can be realized. Some people associate organization design with the mechanical arrangement of positions and reporting lines on the organization chart. It is certainly true that organizational designers also need to define the vertical structure, including reporting lines.
- 4. Running a business without an eye toward strategic direction is liking setting out on a road trip to an unfamiliar place without a map or a navigation app. You may eventually reach your destination, but the journey will be chaotic, and you'll most likely waste more effort than necessary. Developing a solid strategy that outlines your company direction will help you to increase profitability while making your day-to-day work less stressful.
- 7. Organizational goals are strategically set objectives that outline expected results and guide employees’ efforts. 3 types of organizational goals are strategic, tactical, and operational goals. Purposes of organizational goals are to provide direction to employees of the organization. Strategic goals are set by and for top management of the organization. Tactical goals are for middle managers to focus on the actions necessary to achieve goals. Operational goals are for lower-level managers to tackle shorter-term issues.