Strategy Implementation Flashcards
What are the organizational structures of strategy
Simple - Organized along functional lines
Divisional - Organized by divisions that are self-contained
Matrix - groups employees by function and product
Centralized - decision making is centralized at the top
Decentralized - decision making is delegated to various dept managers
The span of control - # subbordiantes under a manager
What is the role of communication in strategy implementation
Communicate initial strategy, objectives, and plans
communicate the progress as the plan is implemented
Give employees opportunities for feedback and respond to the feedback
Consider sharing the plan with other stakeholders
What are effective strategic leadership
Influencing those with the org to make decisions and enhancing the long-term viability of the organization
- Determines the strategic direction
- Develop human capital
- Sustains ethical organizational culture
- Emphasizes ethical practices
- Exploits and maintains core comptencies
Overview of strategic implementation
The strategy must be implantable
implementation considered during formulation
Begins at a functional level
Complex and challenging process
Advantages and Disadvantages of Simple Structure
Adv:
Economies of scale
Specialization of employees
Centralized control
Disadv:
Coordination and communication can be difficult
Advantages and Disadvantages of Division Structure
Adv:
Can measure performance at divisional level
Efficiencies in work coordination
Flexibility to respond to market chages
Disadv:
Unhealthy competition among divisions
Duplication of resources
Can create communication silos
Advantages and Disadvantages of Division Structure
Adv:
Can measure performance at divisional level
Efficiencies in work coordination
Flexibility to respond to market changes
Disadv:
Unhealthy competition among divisions
Duplication of resources
Can create communication silos
What are the 2 types of span of control
- Span of control - fewer subordinates under the direct control
- Broad span of control - More subordinates under the direct control of a manager