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1 Business Strategy  Defined
2 Business  STRATEGY -Defined -
3 The Wheels of Change Make the Strategy Everyone’s Everyday Job Translate the  Strategy to Operational Terms Make The Strategy A Continual Process
4
Align  the  Organization   to  the Strategy
Mobilize Change through Executive Leadership 8
9 mobilization
Three actions must be taken by the leader 10
Management Control System Strategic Management System Strategy &  Vision Translating The  Vision Budget &  Objectives Review & Re-orient Personal Incentives Budget  & Objectives Communicating & Linking Feedback &  Learning Planning & Capital  Allocation Business Planning Single Player  =  GM  Multiple Players  =  GM & EXCOM &HOD & R&F 11
12
13
14
and success through answering question such as:  When designing a strategic thinking organization, you must consider long-term competitive advantage  15
16
17
The Turnaround Strategist 18 The decision making approach focuses on turning around the performance of an organization in decline. To achieve turnaround success, it is important to implement new control systems quickly and to focus on the reasons for decline and reverse them. It is therefore, necessary to forecast and manage uncertainties. This requires intuition, creative insight and the ability to respond to events quickly, effectively and imaginatively. Continuous improvement is always to be valued, but there are times when more dramatic change is needed.  Controlling Costs is one way of boosting profits and reducing losses. One of the most important factors in controlling cost is attitude. Create an understanding throughout the organization of the financial facts of business life
Reducing Costs & Improving Efficiency 19
Translating the Strategy Into Desired Outcomes 20
Translating the Strategy Into Desired Outcomes 21
four-prong approach to succeeding with ourStrategy 22
23
Revenue Growth Strategy 24
25
Strategic Outcomes 26
Strategy  is a Hypothesis 27
Strategy Consists of Various Themes 28
The Value Proposition 29
30 Value Chain Customer Management Processes Regulatory Processes Operational Processes Innovation Processes Supply Management Cost  Reduction/ Quality Control Operation  Efficiency Health Safety   Environment  Social Invention Product  Development Speed  To Market Joint  Partnerships Solution Development   Customer   Service Relationship  Management Achieve Operational Excellence Be a Good Corporate Citizen Increase Customer Value Build the Business
31 The Learning and Growth Perspective Strategic Competencies Strategic Technologies Climate for Action Skills Knowledge Sharing Infrastructure Alignment Awareness Applications Motivation Readiness Best Practice Sharing Understanding Of  Strategy Goals Aligned With Strategy Key  Position Employees Morale Suggestion Program Empowerment Strategic Skills
Knowledge  Management  Strategy 32 ,[object Object]
Improve Quality
Use “Know-How” from Top-Performing units to others
Don’t Reinvent the Wheel
Reduce Time to Market

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Business strategy defined

  • 2. 2 Business STRATEGY -Defined -
  • 3. 3 The Wheels of Change Make the Strategy Everyone’s Everyday Job Translate the Strategy to Operational Terms Make The Strategy A Continual Process
  • 4. 4
  • 5. Align the Organization to the Strategy
  • 6.
  • 7.
  • 8. Mobilize Change through Executive Leadership 8
  • 10. Three actions must be taken by the leader 10
  • 11. Management Control System Strategic Management System Strategy & Vision Translating The Vision Budget & Objectives Review & Re-orient Personal Incentives Budget & Objectives Communicating & Linking Feedback & Learning Planning & Capital Allocation Business Planning Single Player = GM Multiple Players = GM & EXCOM &HOD & R&F 11
  • 12. 12
  • 13. 13
  • 14. 14
  • 15. and success through answering question such as: When designing a strategic thinking organization, you must consider long-term competitive advantage 15
  • 16. 16
  • 17. 17
  • 18. The Turnaround Strategist 18 The decision making approach focuses on turning around the performance of an organization in decline. To achieve turnaround success, it is important to implement new control systems quickly and to focus on the reasons for decline and reverse them. It is therefore, necessary to forecast and manage uncertainties. This requires intuition, creative insight and the ability to respond to events quickly, effectively and imaginatively. Continuous improvement is always to be valued, but there are times when more dramatic change is needed. Controlling Costs is one way of boosting profits and reducing losses. One of the most important factors in controlling cost is attitude. Create an understanding throughout the organization of the financial facts of business life
  • 19. Reducing Costs & Improving Efficiency 19
  • 20. Translating the Strategy Into Desired Outcomes 20
  • 21. Translating the Strategy Into Desired Outcomes 21
  • 22. four-prong approach to succeeding with ourStrategy 22
  • 23. 23
  • 25. 25
  • 27. Strategy is a Hypothesis 27
  • 28. Strategy Consists of Various Themes 28
  • 30. 30 Value Chain Customer Management Processes Regulatory Processes Operational Processes Innovation Processes Supply Management Cost Reduction/ Quality Control Operation Efficiency Health Safety Environment Social Invention Product Development Speed To Market Joint Partnerships Solution Development Customer Service Relationship Management Achieve Operational Excellence Be a Good Corporate Citizen Increase Customer Value Build the Business
  • 31. 31 The Learning and Growth Perspective Strategic Competencies Strategic Technologies Climate for Action Skills Knowledge Sharing Infrastructure Alignment Awareness Applications Motivation Readiness Best Practice Sharing Understanding Of Strategy Goals Aligned With Strategy Key Position Employees Morale Suggestion Program Empowerment Strategic Skills
  • 32.
  • 34. Use “Know-How” from Top-Performing units to others
  • 36. Reduce Time to Market
  • 38. Ensure that Ideas Flow from Customers and Front-Line to R&D
  • 39. Re-use and re-apply tested knowledge and method
  • 40.
  • 42. Ensure that Everyone knows the Customer
  • 43.
  • 44. The benefits of Scenario Planning 34
  • 45. 35 Human Resources Management Process Recognizing Market Opportunities Adding Value To the Customer Organization Awareness Conceptual Thinking Relationship Building Analytical Thinking Information Seeking Impact and Influence Self Confidence Concern For Quality Interpersonal Understanding Developing Others Initiative Working with Colleagues Delivering Results Team Leadership Holding People Accountable
  • 46. Thank you for readingfor additional information please visitwww.zeniahospitality.comBest viewed with Firefox Browser 36

Editor's Notes

  1. The Wheels of Change
  2. Translate The Strategy to Operational Terms
  3. Align The Organization To The Strategy
  4. Mobilization
  5. Three Actions Must Be Taken By The Leader
  6. Balanced Strategy
  7. Planning – Organizing –Coordinating – Commanding - Controlling