Organisational Strategic Leadership Flashcards
What are the steps in developing organizational strategic leadership? (Slack & Parent, 2010)
- Identify the issue
- Formulate goals and mission statement
- Analyze internal and external environment (SWOT & PEST)
- Choose growth strategies
- Select organizational structure, integration, and control systems
- Enact the plan (Ferkins et al., 2009)
- Reflect and revise
What is a SWOT analysis?
A framework for analyzing internal strengths and weaknesses, and external opportunities and threats.
What are the components of SWOT analysis?
Strengths: Internal advantages
Weaknesses: Internal limitations
Opportunities: External favorable conditions
Threats: External challenges
What is PEST analysis?
A framework for analyzing the external environment affecting an organization.
What are the components of PEST analysis?
Back:
Political: Government policies
Economic: Economic trends
Social: Societal changes
Technological: Tech advancements
What is the purpose of formulating goals and mission statements? (Daft, 2004)
Summarize purpose, guide decision-making, and reduce uncertainty.
What are operational and non-operational goals?
Operational Goals: Measurable objectives
Non-Operational Goals: Broad intentions
What are the key goals of the DCC Parks and Recreation Strategy?
Increase community participation in recreation
Enhance access to sports activities
Promote volunteering in parks and recreation
What is a mission statement? (Hill & Jones, 1989)
Context for intended strategies and evaluation of emergent strategies.
What are strategic issues faced by the DCC?
Changing demographics
Environmental awareness
Technological innovation
Economic growth
Partnerships with providers
What is a balanced scorecard? (O’Boyle, 2012)
A strategic planning system to align activities with vision and strategy.
What are the types of formal growth strategies?
Diversification: New areas
Stability: No change
Defensive: Reducing responsibilities
What are informal growth strategies?
Achieved through non-prescriptive means, like entrepreneurial initiatives.
What are the components of control systems in organizations? (O’Boyle, 2012)
Financial targets, standards of behavior, and relationship management.
What is the role of integration in organizations? (O’Boyle, 2012)
Ensures consistent relationships among parts for accountability.
