NETWORK ANALYSIS

Question 1

what are the 8 ways to implemnt a strategy effectivley

Answer 1

-set clear corp obj

-undertake SWOT

-break strategy into component parts + set deadlines

-review and adjust org structure

-clearly comm strategy to each functional area

-measure progress

-celebrate progress

-review and amend strategy

Question 2

in impelementign startegy what the first thing you need

Answer 2

clear obj to work towards

open a new busines in india

Question 3

where does a clear corp obj to work towards come from

Answer 3

MS and corp obj

Question 4

why do we need a clear obj to work towards

Answer 4

once we know it we can make a strategy

Question 5

startegy

Answer 5

lt plan to ahieve org obj

Question 6

you can come up with a good strategy but implementing it is

Answer 6

tough

Question 7

why do ou set clear corp obj

Answer 7

without them you cant have a good staregy

everyone knows what working towards
imporves focus and motivation

work towards same thing

Question 8

undertaking a htorough internal and exrenal audit is aka

Answer 8

SWOT

Question 9

Undertakig a thorough internal and externa audit why -

Answer 9

if don’t knwo where youa re wont have a good start

cause how are we to decide how to get to wehre we wanna go

Question 10

breaking startegy ainto componet parts and setting deadlines for completion is important because

Answer 10

helps you keep trakc of tasks

Question 11

reviewing and adjusting org stucutre is importnat cause

Answer 11

through aliging structure with leadership and culture enables bs to achieve its strategy as everything working together

Question 12

why is clealry communicating strategy to each functinoal area

Answer 12

if you set functinoal obj and its cleat hwo theyre gonna contribte to overall strategy - aids with copletion

if we get people on board and they believe theyve been consulted with ansd see what contribution their amking

strategy is likely to be implemented better

Question 13

why do we measure progress

Answer 13

see whats goingwrong right , id trends , impleemtn changes

Question 14

why do we celebrate rpogress

Answer 14

increases motivation and reinforces patht heyre on and strategy bs is taking

Question 15

why is reviewing and amending strategy important

Answer 15

if not good as we initially thought - reviewing and amending ti means we can alter strategy to make it more likely ot suceed