Strategy Implementation

Course Objectives:

• Delineate the strategy formulation process
• Explore role of middle managers in strategy implementation
• Evaluate alignment between organizational structure and implementation
• Design systems for monitoring execution
• Provide a platform for sharing experiences in implementing growth strategies in different contexts

The programme would cover the following aspects of Strategy Implementation:

Strategy Formulation Process:

• Influence of key stakeholders on strategy formulation
• Strategic leadership
   
• Relevance of organization capabilities for implementation

Role of Middle Managers in Strategy Implementation:

• Balance Scorecard
• Top-down and Bottoms-up strategy formulation
• Communicating strategy

Building Committed Teams:

• Right Team configuration
• Inspirational (affective) leadership
• Negotiation in problem solving

Organizing for Implementation:

• Change management
• Influencing tactics
• Organization Structure

Management Control Systems:

• Dashboards for performance management system
• Resource allocation
• Finance versus operational control systems

Organisational Alignment:

• Role of vision & mission: purposeful organization
• Pervasive commitment
• 7S framework

Implementation Illustration: Contextual Intelligence

• Innovation: Technology adoption
• Internationalization: Overcoming liability of newness