Implementation of strategies

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Strategy Implementation Junaida A. Montenegro

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management

Transcript of Implementation of strategies

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Strategy Implementation

Junaida A. Montenegro

Creating a Strategy Supportive Culture

Ways and Means for Altering an Organizations Culture

Recruitment

Training

Transfer

Promotion

Restructuring

Reengineering

Role Modelling

Positive Reinforcement

Mentoring

Revising vision and/or mission

Redesigning physical spaces/facades

Altering reward system

Production and Operating ConcernType of organization: Hospital

Strategy Implemented: Adding a Cancer Center

Production Systems Adjustment: Purchased specialized equipment and add specialized people.

Production and Operating ConcernType of organization: Bank

Strategy Implemented: Adding 10 New Branches

Production Systems Adjustment: Perform site Location Analysis.

Production and Operating ConcernType of organization: Steel Manufacturer

Strategy Implemented: Acquiring a fast food chain

Production Systems Adjustment: Improving the quality control system

Production and Operating ConcernType of organization: Computer Company

Strategy Implemented: Purchasing a retail distribution chain

Production Systems Adjustment: Alter the shipping, packaging, and transportation system

Human Resource Concerns when Implementing Strategies

Human Resource Managers new Responsibility1. Establishing and administering an employee stock ownership plan (ESOP)2. Providing leadership for managers and employees in a way that allows them to balance work and family.

(1) disruption of social and political structures(2) failure to match individuals aptitudes with implementation tasks(3) inadequate top management support for implementation activitiesHuman Resource Problems in Strategy Implementation

Employee Stock Ownership Plans (ESOPs)- A tax-qualified, defined-contribution, employee benefit plan whereby, employee purchase stock of the company through borrowed money or cash contributions.

Balancing Work Life andHome Life

Employee Benefits1. Elder care assistance2. Flexible scheduling3. Job sharing 4. Adoption benefits5. An on-site summer camp6. Employee help lines7. Pet care

A good home life contributes immensely to a good work life.