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    Strategy Implementation: Directing

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    CPA
    This document discusses several topics related to corporate strategy implementation and culture, including: 1. How corporate culture can influence employees' behavior and a company's ability to shift strategic direction. Strong cultures may resist strategic changes to mission, objectives, and policies. 2. The importance of communication in managing cultural change effectively. Leaders should communicate the strategic rationale and vision to employees through various channels. 3. Challenges of integrating diverse cultures following an acquisition, and methods for managing two different cultures, such as integration, assimilation, separation, or deculturation. 4. Key elements of action planning for cultural change, including specific actions, timelines, responsibilities, monitoring, and contingency planning.

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    Strategy Implementation: Directing

    Uploaded by

    CPA
    54 views14 pages
    This document discusses several topics related to corporate strategy implementation and culture, including: 1. How corporate culture can influence employees' behavior and a company's ability to shift strategic direction. Strong cultures may resist strategic changes to mission, objectives, and policies. 2. The importance of communication in managing cultural change effectively. Leaders should communicate the strategic rationale and vision to employees through various channels. 3. Challenges of integrating diverse cultures following an acquisition, and methods for managing two different cultures, such as integration, assimilation, separation, or deculturation. 4. Key elements of action planning for cultural change, including specific actions, timelines, responsibilities, monitoring, and contingency planning.

    Original Description:

    Business Policy

    Original Title

    Leading

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    This document discusses several topics related to corporate strategy implementation and culture, including: 1. How corporate culture can influence employees' behavior and a company's ability to shift strategic direction. Strong cultures may resist strategic changes to mission, objectives, and policies. 2. The importance of communication in managing cultural change effectively. Leaders should communicate the strategic rationale and vision to employees through various channels. 3. Challenges of integrating diverse cultures following an acquisition, and methods for managing two different cultures, such as integration, assimilation, separation, or deculturation. 4. Key elements of action planning for cultural change, including specific actions, timelines, responsibilities, monitoring, and contingency planning.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    54 views14 pages

    Strategy Implementation: Directing

    Uploaded by

    CPA
    This document discusses several topics related to corporate strategy implementation and culture, including: 1. How corporate culture can influence employees' behavior and a company's ability to shift strategic direction. Strong cultures may resist strategic changes to mission, objectives, and policies. 2. The importance of communication in managing cultural change effectively. Leaders should communicate the strategic rationale and vision to employees through various channels. 3. Challenges of integrating diverse cultures following an acquisition, and methods for managing two different cultures, such as integration, assimilation, separation, or deculturation. 4. Key elements of action planning for cultural change, including specific actions, timelines, responsibilities, monitoring, and contingency planning.

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    © All Rights Reserved
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    Download as pptx, pdf, or txt
    of 14

    Strategy

    Implementation
    DIRECTING
    MANAGING CORPORATE CULTURE

    Organization culture exerts a powerful influence on


    the behavior of all employees, therefore it can affect
    the ability of the company to shift its strategic
    direction.
    In case of a strong culture the change in mission,
    objectives, strategies and policies may not be
    accepted.
    Corporate culture has a strong tendency to resist
    change.
    ASSESSING STRATEGY—CULTURE COMPATIBILITY
    Is the planed strategy compatible
    Managing Cultural Change through
    Communication
    Communication is key to effective management of change.
    Rationale for strategic change should be communicated to
    workers through newsletters, speeches, and training and
    development.
    Communicate the vision to the employees.
    Translate the vision into key elements necessary to
    accomplish that vision.
    Managing Diverse Cultures Following an Acquisition

    Top management must give consideration to


    a potential clash of corporate culture.
    When corporate cultures are similar
    performance problems are minimized
    It is dangerous to assume that the firms can
    simply be integrated into the same reporting
    structure
    METHODS OF MANAGING TWO DIFFERENT
    CULTURE
    • Integration balanced give and take of
    cultures
    domination of one culture
    • Assimilation over the other
    • Separation no cultural exchange
    • Deculturation involves disintegration of
    one company’s culture and
    practices.
    Action Planning
    1. List specific actions.
    2. List dates to begin and end each action.
    3. Name person responsible for each action.
    4. Name person responsible for monitoring timelines
    and effectiveness of each action.
    5. Estimate expected financial and physical
    consequences of each action.
    6. Develop contingency plans.
    MANAGEMENT BY OBJECTIVES
     Establishing and communicating
    organizational objectives.
     Setting individual objectives through
    superior-subordinate interaction that help
    implement organizational objectives
     Develop an action plan of activities needed
    to achieve the objectives
     Periodically review the performance as it
    relates to the objectives and including the
    results in the annual performance appraisal
    OBJECTIVES OF TOTAL QUALITY
    MANAGEMENT (TQM)

    1. Better, less variable quality of product /


    service
    2. Quicker, less variable response to
    customers’ needs
    3. Greater flexibility in adjusting to customers’
    shifting requirements
    4. Lower cost through quality improvements
    and elimination of non value-adding work
    TQM’S ESSENTIAL INGREDIENTS

    • An intense focus on customer satisfaction


    • Internal as well as external customers
    • Accurate measurement of every critical variable
    in a company’s operations
    • Continuous improvement of products and
    services
    • New work relationships based on trust and
    teamwork
    INTERNATIONAL CONSIDERATIONS IN
    LEADING

     Leaders must consider the dimensions of


    national culture
     MNCs must pay attention to the many
    differences in cultural dimensions around the
    world and adjust their management practices
    accordingly
    Hofstede’s International Cultural
    Dimensions
    1. Power distance
    2. Uncertainty avoidance
    3. Individualism—collectivism
    4. Masculinity—femininity
    5. Long-tern orientation

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