Tuesday, July 10, 2012

Strategic Organizational Strategy


What steps need to be taken before we implement an organizational strategy?
The steps that need to be taken before the implementation of strategy are;
·         The first step is to identify the unique valuable position of the business, differentiated activities and tradeoffs with some ground work.
·         The next step is to make analysis of strategic organizational implications
·         Then identify the strategy delivery organizational requirements
·         After that conduct the gap analysis
·         Identify the transition and transformation needs
·         Create an organizational strategy plan
·         Establish detailed implementation plan
·         Then create communication, commitment and implementation strategies
·         After that take the key organizational strategy initiatives
·         Finally, implement the strategy

Why are time frames so important to the implementation of an organizations strategy?
Implementation is the procedure that changes plans and strategies into actions in so that strategic goals and objectives are accomplish. Strategic plan implementation on time is as significant as the business strategy. For such type of corporations that have a strategic plan in place, wasting energy and time on the process of planning and then non implementation of plan is very disappointing. Even though the implementation of plan may not be the most attracting thing to discuss about, it is an essential business exercise, which is critical for any type of strategy to keep on hold. The time frame is important because strategic plan determines why and what type of activities, but the implementation process addresses the where, who, how and when. The reality is that both things are crucial to success. Truly, business can reap competitive advantage with the help of implementation of strategies on time.

What role does the sequence of execution play?
The sequence of execution in the strategic implementation process plays very important role. However, it is not necessary to follow this proper sequence but for effective decision making and being successful it is necessary to follow the implantation process step by step. Suppose after the planning of strategy we try to control it, it would be a waste of time. Because the best time of controlling is after the implementation of strategy without its implementation it cannot be controlled.


References 
Nag, R. (2007). What is strategicmanagement, really? New York: Wiley.