tailieunhanh - Lecture Strategic Management: Lesson 4 - Executing a strategy

Lesson 4 – Executing a strategy has outline Superior strategy execution – another path to competitive advantage. Gain command of what managers must do to build an organization capable of good strategy execution; Learn why resource allocation should always be based on strategic priorities; Understand why policies and procedures should be designed to facilitate good strategy execution. | Lesson 4 – EXECUTING A STRATEGY Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 1 LESSON 4 - OUTLINE Superior strategy execution – another path to competitive advantage LO1 Gain command of what managers must do to build an organization capable of good strategy execution. LO2 Learn why resource allocation should always be based on strategic priorities. LO3 Understand why policies and procedures should be designed to facilitate good strategy execution. LO4 Understand how process management programs that drive continuous improvement help an organization achieve operating excellence. LO5 Recognize the role of information and operating systems in enabling company personnel to carry out their strategic roles proficiently. LO6 Learn how and why the use of well-designed incentives and rewards can be management’s single most powerful tool for promoting operating excellence. LO7 Gain an understanding of how and why a company’s culture can aid the . | Lesson 4 – EXECUTING A STRATEGY Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 1 LESSON 4 - OUTLINE Superior strategy execution – another path to competitive advantage LO1 Gain command of what managers must do to build an organization capable of good strategy execution. LO2 Learn why resource allocation should always be based on strategic priorities. LO3 Understand why policies and procedures should be designed to facilitate good strategy execution. LO4 Understand how process management programs that drive continuous improvement help an organization achieve operating excellence. LO5 Recognize the role of information and operating systems in enabling company personnel to carry out their strategic roles proficiently. LO6 Learn how and why the use of well-designed incentives and rewards can be management’s single most powerful tool for promoting operating excellence. LO7 Gain an understanding of how and why a company’s culture can aid the drive for proficient strategy execution. LO8 Understand what constitutes effective managerial leadership in achieving superior strategy execution. . SUPERIOR STRATEGY EXECUTION—ANOTHER PATH TO COMPETITIVE ADVANTAGE Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin 5 Crafting versus Executing Strategy Crafting the Strategy Primarily a market- driven activity Successful strategy making depends on Attracting and pleasing customers Outcompeting rivals A firm’s collection of resources and capabilities Executing the Strategy Primarily an operations- driven activity Successful strategy execution depends on management’s ability to Direct change Improve operations Build a strategy-supportive culture Get things done and deliver good results 6 6 Good strategy execution requires a team effort. All managers have strategy executing responsibility in their areas of authority, and all employees are active participants in the strategy execution process. Who Is

• Quản trị kinh doanh
• Strategic Management
• Crafting a strategy
• Core concepts
• Kinh doanh quốc tế
• Quản trị kinh doanh
• Chiến lược kinh doanh
• Ebook Strategic management for travel and tourism
• Strategic management for travel and tourism
• Strategic choices
• Strategic implementation
• Analysis in strategic management
• Strategic alliances in the airline industry
• Lecture Strategic management
• Strategic leadership
• Analyzing strategic management cases
• Knowledge management
• Competitive advantages
• Strategic management trade offs
• Bài giảng Quản trị chiến lược
• Key terms
• Strategic thinking development progress
• Comprehensive framework
• Stages of strategic management
• Strategic actions
• Strategic competitiveness
• Strategic management process
• Sustained competitive advantage
• Internal environment analysis
• Human capital moderate the relationship
• Strategic thinking and strategic human resource management
• Human capital to enhance strategic HRM
• Effectively benefit from strategic thinking
• Significant effect on strategic HRM
• Lecture Management the new competitive landscape
• Management the new competitive landscape
• Technology strategy
• Strategic management model
• Cooperative strategy
• Strategic alliances
• Managerial labor markets
• Implementing strategy
• Strategic control
• Corporate governance
• Effective strategic leadership
• Ethical culture
• Learning organization
• Venture creation
• Corporate entrepreneurship
• Lecture Management
• The importance of strategic management
• The strategic management process
• Types of organizational strategies
• Explain why strategic management is important
• Internet strategies
• Competitor analysis
• External environmental analysis
• Business level strategy
• Competitive advantage
• Competitive dynamics
• Competitive rivalry
• Corporate level strategy
• Corporate strategy
• Restructuring strategies
• Effective acquisitions
• International strategy
• International strategy lifecycle
• Managerial Ccontrol
• Organizational structure
• Functional structure
• Internal corporate venturing
• Strategic market management
• Lecture Strategic market management
• Quản lý thị trường chiến lược
• Strategic analysis
• Strategic groups