Managerial Practices

You own a shoe corporation and your company’s organizational culture can support the development and management of the company’s strategic plan by following three actions:

1.      Determining a leader and leadership roles.

2.      Establishing “team norms.”

3.      Instituting a culture.

What would you do in your organization for the following managerial practices?

 

1.         Staff the organization with managers and employees capable of executing the strategy well.

2.         Build the organizational capabilities required for successful strategy execution.

3.         Create a strategy-supportive organizational structure.

4.         Allocate sufficient budgetary (and other) resources to the strategy execution effort.

5.         Institute policies and procedures that facilitate strategy execution.

6.         Adopt best practices and business processes that drive continuous improvement in strategy execution activities.

           7.         Install information and operating systems that enable company personnel to carry out their strategic roles proficiently.

 

8         Exercise the internal leadership needed to propel strategy implementation forward.

 

This could be done in the form of a chart.

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