Executing and Monitoring Strategy Flashcards
What does executing strategy require
Alignment of an organizations structure, policies, processes, and management of physical and human assets
What is horizontal structure
How the organization structures it’s internal value chain
What is vertical structure
How will the organization structure its decision making and control
Strategies and tactics must be monitored to ensure that
They are producing the intended results
-Conditions still support the chosen strategy or tactic
-Unexpected negative results have not been introduced
How often are operating strategic objectives monitored
Quarterly
What is a dual operating system
One that retains the current organizational structure but deliberately adds a second organizational structure that operates in concert with the existing one