Friday, December 6, 2013

Chapter 11 : Managing Internal Operations

ASSALAMUALAIKUM...

To implementing a new or different strategy,the managers need to identify the resource requirements of each new strategic initiative,consider whether the current pattern of resource allocation and the budgets.When a company alters its strategy,managers should review existing policies and operating procedures.Well conceived policies and procedures aid the task of strategy executing by:

  •   Provide top down guidance about how certain things need to be done
  •    Help enforce consistency in how strategy critical activities are performed
  • Promote the creation of a work climate that facilitates good strategy execution


Benchmarking ,best practice adoption, business process re-engineering,total quality management,and six sigma programs are important process management tools for promoting better strategy execution.
Strategy supportive motivational practices and reward systems are powerful management tools for gaining employee commitment and focusing their attention on the strategy execution goals.
Positive motivational practices generally work better than negative ones but there is a place for both.Other than that,financial rewards provide high powered incentives,non monetary incentives are also important.


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