SlideShare une entreprise Scribd logo
1  sur  7
Required Readings
· Porter, M. (1996). What is strategy? Harvard Business Review
74(6), 61–78. Retrieved from
http://libproxy.edmc.edu/login?url=http://search.ebscohost.com/
login.aspx?direct=true&db=bsh&AN=9611187954&site=ehost-
live
http://www.huffingtonpost.com/phil-simon/technology-
business-trends_b_1153832.html
Unit 5: Module 5 - Module 5 Overview
Module 5 Overview
This module is designed to help you explore strategic literacy.
You will explore and analyze the criticality of alignment around
the plan, the people or employees, demand from the
marketplace, and economic indicators. Operating alignment and
organizational structure and fit are key components of strategic
planning. They determine which types of business model(s) and
tactics are used operationally.
Key Concepts in this Module
· Strategic alignment involves ensuring the company has the
right resources, market, and goals to achieve its vision through
operational performance. It includes, but is not limited to,
marketing, branding, alliances, mergers or acquisitions,
integration, product development, diversification or divestiture,
and globalization.
· Organization structure is often dictated by the size, roles, etc.
Most often, the structure is a hierarchy that arranges authority
outlining or determining responsibilities, duties, and rights
based on position. Structure also influences how information is
shared, processes are managed, and decisions are made.
Structure heavily influences how an organization operates and
delivers its services and goods.
· A responsibility, authority, expertise, and work (RAEW)
analysis is the process that helps identify structural
misalignments that may impede strategy execution. These
include not moving fast enough with decisions, bad processes,
and having the responsibility for something but not the right
skill set to execute (lack of expertise). The most common issues
include the following:
· Authority with no responsibility
· Responsibility with no authority
· Responsibility with no expertise
Using the navigation on the left, please proceed to the next
page.
· Analyze the complexity of ethical situations and corporate
social responsibility and their impact on decision making in
business.
· Analyze and apply practical strategic business principles,
models, and theories to diverse and complex organizational
situations.
Unit 5: Module 5 - Strategic Literacy and Performance
Strategic Literacy and Performance
Strategic literacy refers to the ability of the people or
employees within an organization to understand and execute to
the company’s business goals (Tailwind Consulting, 2011). It is
critical that everyone, no matter at what level in the
organization, is literate about the company goals and how their
job relates to impacting the goals and the overall performance
of the organization.
As you have learned throughout this course, an understanding of
internal and external factors and alignment around a right-fit
strategy is critical. All too often, companies are aligned around
the mission and values, but not necessarily around the long-term
strategy. Problems arise when companies are not aligned with
the critical strategic imperatives needed to achieve the vision.
Often, executives and managers might agree on the “what” but
not on the “how.”
The vision for any business needs to be translated into a
workable framework that everyone can understand and
ultimately execute. Senior leaders often struggle with getting
everyone on the same page so they are engaged and fully
aligned. Enabling your team to collaborate around a single
strategy involves a lot of moving parts.
Strategic Performance
Strategic performance is what occurs between your intent—what
you want to do—and its execution by your people. The
translation process is essential and constantly has to be
managed to ensure total organizational alignment. Without a
managed process that gets regular attention, there are too many
opportunities for misinterpretation. This results in misalignment
and fake work where employees do work not related to the goals
and strategic direction of the company.
Tailwind Consulting. (2011). Introducing strategic literacy.
Retrieved
fromhttp://www.slideshare.net/TailwindConsulting/strategic-
literacy
Using the navigation on the left, please proceed to the next
page.
Unit 5: Module 5 - Your Strategy Audit
Your Strategy Audit
A strategy audit involves assessing the actual direction of a
business and comparing that course to the direction required to
succeed in a changing environment. A company's actual
direction is the sum of what it does and does not do, how well
the organization is internally aligned to support the strategy,
and how viable the strategy is when compared to the external
market, competitors, and financial realities. These two
categories, the internal assessment and the external or
environmental assessment, make up the major elements of a
strategy audit.
In this module, you will deliver your strategy audit as LASA 2.
This audit is considered as some of the most important work in
your MBA program. The ability to conduct a strategy audit
further positions you, as the learner, as not just being able to
understand but to take the knowledge and execute into action.
This is where theory and concept make meaning as they are
translated into actionable results. In the marketplace, knowledge
and understanding are critical, but even more so is the ability to
apply and “do” something that enables the organization to
assess, realign, and take action to thrive and grow.
Strategic Audit and Strategy Maps
The strategy audit is a comprehensive analysis of the company’s
business strategy and operating performance. It culminates in a
series of recommendations for improving a company’s
performance based on the findings and conclusions of a
thorough analysis. Whether you are an experienced or
developing business professional, by completing this important
project, you have added to your portfolio of critical business
skills.
Using the navigation on the left, please proceed to the next
page.
Unit 5: Module 5 - The Role of Ethics
The Role of Ethics
Whether formally or informally stated in a business, ethics play
an important part in overall long-term success. The lack of
ethical behavior and policy can drive employee behavior and
organizational results to dangerous places that can result in
illegal activities, such as fraud and harassment. Having a
defined ethics and code-of-conduct policy that is clear to all
levels and is enforced can help an organization prevent such
issues. In addition, it can establish a culture of expectation
around the right and wrong behavior for a specific organization
as well as its industry.
Employee Behavior
Behavior is typically looked at in several forms in an
organization: productive producer, stagnant, and disruptive. The
goal is to create productive producers; however, it is often the
case where behavior has to be managed and dealt with to correct
performance that is stagnant or disruptive. Stagnant and
disruptive behaviors do not align with the strategy or help
deliver the results. Promoting positive behavior by clearly
sharing the strategy and helping employees align and play a role
in executing to deliver the results is critical. The lack of any of
the three noted areas can create issues in employee behavior.
Evaluating the Role of Ethics
Miriam Schulman, communications director of the Markkula
Center for Applied Ethics advises that as we evaluate the role of
ethics in business, it is important to understand that an
organization can prescribe a specific set of standards by which
individuals in the organization are to operate. However, the
reality is that the behavior of all leaders in the organization
must mirror the standards and must be a pervasive part of the
culture, business strategy, purpose, and values in order to be an
organizational reality and have impact. In essence, the role of
ethics has to be built into the strategic plan.
Keep these thoughts in mind as you prepare your final
assignment in the course and as you continue in your business
career.
Schulman, M. (2006). Incorporating ethics into the
organization's strategic plan. The Markkula Center for Applied
Ethics. Retrieved
fromhttp://www.scu.edu/ethics/practicing/focusareas/business/st
rategic-plan.html
Using the navigation on the left, please proceed to the next
page.

Contenu connexe

Similaire à Required Readings· Porter, M. (1996). What is strategy Harvard .docx

Executive Pulse 10 - Eindhoven
Executive Pulse 10 - EindhovenExecutive Pulse 10 - Eindhoven
Executive Pulse 10 - EindhovenTed Lemmers
 
Strategic management & business policy
Strategic management & business policyStrategic management & business policy
Strategic management & business policysatya pal
 
Advanced strategic management
Advanced strategic managementAdvanced strategic management
Advanced strategic managementShashankdiv
 
Strategy Workshop.pptx
Strategy Workshop.pptxStrategy Workshop.pptx
Strategy Workshop.pptxRazanAsali1
 
· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docx· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docxoswald1horne84988
 
· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docx· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docxLynellBull52
 
Strategic Planning, Execution Frameworks & Organizational Health
Strategic Planning, Execution Frameworks & Organizational HealthStrategic Planning, Execution Frameworks & Organizational Health
Strategic Planning, Execution Frameworks & Organizational HealthRichard Swartzbaugh
 
2 Business Policy And Strategic Management BASIC CONCEPTS
2 Business Policy And Strategic Management BASIC CONCEPTS2 Business Policy And Strategic Management BASIC CONCEPTS
2 Business Policy And Strategic Management BASIC CONCEPTSAmy Isleb
 
Strategic management
Strategic managementStrategic management
Strategic managementGautam Kumar
 
Topic 5 - The Internal Audit.pptx
Topic 5 - The Internal Audit.pptxTopic 5 - The Internal Audit.pptx
Topic 5 - The Internal Audit.pptxHazelCueto2
 
Vol10 no1 article8
Vol10 no1 article8Vol10 no1 article8
Vol10 no1 article8spoiler6699
 
FailSafe Business Growth eBook
FailSafe Business Growth eBookFailSafe Business Growth eBook
FailSafe Business Growth eBookBahaa Moukadam
 
John K Moore Org Alignment Article
John K Moore Org Alignment ArticleJohn K Moore Org Alignment Article
John K Moore Org Alignment ArticleJohn K. Moore
 
1. STRATEGIC MANAGEMNT.pptx
1. STRATEGIC MANAGEMNT.pptx1. STRATEGIC MANAGEMNT.pptx
1. STRATEGIC MANAGEMNT.pptxDaudiPeter
 
Chapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdf
Chapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdfChapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdf
Chapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdfjennmaedelacruz8
 
The process of strategic planning
The process of strategic planning The process of strategic planning
The process of strategic planning crfs2211
 
Library worksmay17 2017
Library worksmay17 2017Library worksmay17 2017
Library worksmay17 2017Stephen Abram
 

Similaire à Required Readings· Porter, M. (1996). What is strategy Harvard .docx (20)

Executive Pulse 10 - Eindhoven
Executive Pulse 10 - EindhovenExecutive Pulse 10 - Eindhoven
Executive Pulse 10 - Eindhoven
 
Strategic management & business policy
Strategic management & business policyStrategic management & business policy
Strategic management & business policy
 
Advanced strategic management
Advanced strategic managementAdvanced strategic management
Advanced strategic management
 
Strategy Workshop.pptx
Strategy Workshop.pptxStrategy Workshop.pptx
Strategy Workshop.pptx
 
· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docx· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docx
 
· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docx· From The executive guide to high-impact talent management Power.docx
· From The executive guide to high-impact talent management Power.docx
 
Strategic Planning, Execution Frameworks & Organizational Health
Strategic Planning, Execution Frameworks & Organizational HealthStrategic Planning, Execution Frameworks & Organizational Health
Strategic Planning, Execution Frameworks & Organizational Health
 
2 Business Policy And Strategic Management BASIC CONCEPTS
2 Business Policy And Strategic Management BASIC CONCEPTS2 Business Policy And Strategic Management BASIC CONCEPTS
2 Business Policy And Strategic Management BASIC CONCEPTS
 
Strategic management
Strategic managementStrategic management
Strategic management
 
Topic 5 - The Internal Audit.pptx
Topic 5 - The Internal Audit.pptxTopic 5 - The Internal Audit.pptx
Topic 5 - The Internal Audit.pptx
 
Vol10 no1 article8
Vol10 no1 article8Vol10 no1 article8
Vol10 no1 article8
 
FailSafe Business Growth eBook
FailSafe Business Growth eBookFailSafe Business Growth eBook
FailSafe Business Growth eBook
 
John K Moore Org Alignment Article
John K Moore Org Alignment ArticleJohn K Moore Org Alignment Article
John K Moore Org Alignment Article
 
1. STRATEGIC MANAGEMNT.pptx
1. STRATEGIC MANAGEMNT.pptx1. STRATEGIC MANAGEMNT.pptx
1. STRATEGIC MANAGEMNT.pptx
 
Stratigic
StratigicStratigic
Stratigic
 
Chapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdf
Chapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdfChapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdf
Chapter-3-SBA-Dela-Cruz-Dorde-Escalada-Glaben.pdf
 
All articles
All articlesAll articles
All articles
 
The process of strategic planning
The process of strategic planning The process of strategic planning
The process of strategic planning
 
31362341 strategic-management
31362341 strategic-management31362341 strategic-management
31362341 strategic-management
 
Library worksmay17 2017
Library worksmay17 2017Library worksmay17 2017
Library worksmay17 2017
 

Plus de debishakespeare

Ethical Case Study 2Gloria is a housekeeper in an independent li.docx
Ethical Case Study 2Gloria is a housekeeper in an independent li.docxEthical Case Study 2Gloria is a housekeeper in an independent li.docx
Ethical Case Study 2Gloria is a housekeeper in an independent li.docxdebishakespeare
 
Ethical consideration is important in nursing practice, especial.docx
Ethical consideration is important in nursing practice, especial.docxEthical consideration is important in nursing practice, especial.docx
Ethical consideration is important in nursing practice, especial.docxdebishakespeare
 
Ethical Competency Writing Assignment DescriptionPHI 108 Spr.docx
Ethical Competency Writing Assignment DescriptionPHI 108 Spr.docxEthical Competency Writing Assignment DescriptionPHI 108 Spr.docx
Ethical Competency Writing Assignment DescriptionPHI 108 Spr.docxdebishakespeare
 
Ethical Case StudyAn example of unethical treatment of participa.docx
Ethical Case StudyAn example of unethical treatment of participa.docxEthical Case StudyAn example of unethical treatment of participa.docx
Ethical Case StudyAn example of unethical treatment of participa.docxdebishakespeare
 
Ethical AwarenessDEFINITION a brief definition of the k.docx
Ethical AwarenessDEFINITION a brief definition of the k.docxEthical AwarenessDEFINITION a brief definition of the k.docx
Ethical AwarenessDEFINITION a brief definition of the k.docxdebishakespeare
 
ETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docx
ETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docxETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docx
ETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docxdebishakespeare
 
Ethical Conduct of Researchpower point from this document, 1.docx
Ethical Conduct of Researchpower point from this document, 1.docxEthical Conduct of Researchpower point from this document, 1.docx
Ethical Conduct of Researchpower point from this document, 1.docxdebishakespeare
 
Ethical Challenges and Agency IssuesI.IntroductionII.E.docx
Ethical Challenges and Agency IssuesI.IntroductionII.E.docxEthical Challenges and Agency IssuesI.IntroductionII.E.docx
Ethical Challenges and Agency IssuesI.IntroductionII.E.docxdebishakespeare
 
Ethical Approaches An Overview of .docx
Ethical Approaches An Overview of .docxEthical Approaches An Overview of .docx
Ethical Approaches An Overview of .docxdebishakespeare
 
Ethical and Professional Issues in Group PracticeThose who seek .docx
Ethical and Professional Issues in Group PracticeThose who seek .docxEthical and Professional Issues in Group PracticeThose who seek .docx
Ethical and Professional Issues in Group PracticeThose who seek .docxdebishakespeare
 
Ethical AnalysisSelect a work-related ethical scenario that .docx
Ethical AnalysisSelect a work-related ethical scenario that .docxEthical AnalysisSelect a work-related ethical scenario that .docx
Ethical AnalysisSelect a work-related ethical scenario that .docxdebishakespeare
 
Ethical (Moral) RelativismIn America, many are comfortable describ.docx
Ethical (Moral) RelativismIn America, many are comfortable describ.docxEthical (Moral) RelativismIn America, many are comfortable describ.docx
Ethical (Moral) RelativismIn America, many are comfortable describ.docxdebishakespeare
 
Ethical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docx
Ethical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docxEthical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docx
Ethical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docxdebishakespeare
 
Ethical Analysis on Merrill lynch financial crisis of 2008 , please .docx
Ethical Analysis on Merrill lynch financial crisis of 2008 , please .docxEthical Analysis on Merrill lynch financial crisis of 2008 , please .docx
Ethical Analysis on Merrill lynch financial crisis of 2008 , please .docxdebishakespeare
 
ETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docx
ETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docxETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docx
ETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docxdebishakespeare
 
Ethical and Human Rights Concerns in Global HealthChapter Fou.docx
Ethical and Human Rights Concerns in Global HealthChapter  Fou.docxEthical and Human Rights Concerns in Global HealthChapter  Fou.docx
Ethical and Human Rights Concerns in Global HealthChapter Fou.docxdebishakespeare
 
Ethical & Legal Aspects in Nursing WK 14Please answer the .docx
Ethical & Legal Aspects in Nursing WK 14Please answer the .docxEthical & Legal Aspects in Nursing WK 14Please answer the .docx
Ethical & Legal Aspects in Nursing WK 14Please answer the .docxdebishakespeare
 
EthernetSatellite dishInternational Plastics, Inc. - C.docx
EthernetSatellite dishInternational Plastics, Inc. -  C.docxEthernetSatellite dishInternational Plastics, Inc. -  C.docx
EthernetSatellite dishInternational Plastics, Inc. - C.docxdebishakespeare
 
Ethanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docx
Ethanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docxEthanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docx
Ethanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docxdebishakespeare
 
Ethan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docx
Ethan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docxEthan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docx
Ethan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docxdebishakespeare
 

Plus de debishakespeare (20)

Ethical Case Study 2Gloria is a housekeeper in an independent li.docx
Ethical Case Study 2Gloria is a housekeeper in an independent li.docxEthical Case Study 2Gloria is a housekeeper in an independent li.docx
Ethical Case Study 2Gloria is a housekeeper in an independent li.docx
 
Ethical consideration is important in nursing practice, especial.docx
Ethical consideration is important in nursing practice, especial.docxEthical consideration is important in nursing practice, especial.docx
Ethical consideration is important in nursing practice, especial.docx
 
Ethical Competency Writing Assignment DescriptionPHI 108 Spr.docx
Ethical Competency Writing Assignment DescriptionPHI 108 Spr.docxEthical Competency Writing Assignment DescriptionPHI 108 Spr.docx
Ethical Competency Writing Assignment DescriptionPHI 108 Spr.docx
 
Ethical Case StudyAn example of unethical treatment of participa.docx
Ethical Case StudyAn example of unethical treatment of participa.docxEthical Case StudyAn example of unethical treatment of participa.docx
Ethical Case StudyAn example of unethical treatment of participa.docx
 
Ethical AwarenessDEFINITION a brief definition of the k.docx
Ethical AwarenessDEFINITION a brief definition of the k.docxEthical AwarenessDEFINITION a brief definition of the k.docx
Ethical AwarenessDEFINITION a brief definition of the k.docx
 
ETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docx
ETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docxETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docx
ETHICAL CHALLENGES JOYCAROLYNE MUIGAINTC3025262020.docx
 
Ethical Conduct of Researchpower point from this document, 1.docx
Ethical Conduct of Researchpower point from this document, 1.docxEthical Conduct of Researchpower point from this document, 1.docx
Ethical Conduct of Researchpower point from this document, 1.docx
 
Ethical Challenges and Agency IssuesI.IntroductionII.E.docx
Ethical Challenges and Agency IssuesI.IntroductionII.E.docxEthical Challenges and Agency IssuesI.IntroductionII.E.docx
Ethical Challenges and Agency IssuesI.IntroductionII.E.docx
 
Ethical Approaches An Overview of .docx
Ethical Approaches An Overview of .docxEthical Approaches An Overview of .docx
Ethical Approaches An Overview of .docx
 
Ethical and Professional Issues in Group PracticeThose who seek .docx
Ethical and Professional Issues in Group PracticeThose who seek .docxEthical and Professional Issues in Group PracticeThose who seek .docx
Ethical and Professional Issues in Group PracticeThose who seek .docx
 
Ethical AnalysisSelect a work-related ethical scenario that .docx
Ethical AnalysisSelect a work-related ethical scenario that .docxEthical AnalysisSelect a work-related ethical scenario that .docx
Ethical AnalysisSelect a work-related ethical scenario that .docx
 
Ethical (Moral) RelativismIn America, many are comfortable describ.docx
Ethical (Moral) RelativismIn America, many are comfortable describ.docxEthical (Moral) RelativismIn America, many are comfortable describ.docx
Ethical (Moral) RelativismIn America, many are comfortable describ.docx
 
Ethical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docx
Ethical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docxEthical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docx
Ethical Analysis on Lehman Brothers financial crisis of 2008 , pleas.docx
 
Ethical Analysis on Merrill lynch financial crisis of 2008 , please .docx
Ethical Analysis on Merrill lynch financial crisis of 2008 , please .docxEthical Analysis on Merrill lynch financial crisis of 2008 , please .docx
Ethical Analysis on Merrill lynch financial crisis of 2008 , please .docx
 
ETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docx
ETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docxETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docx
ETHC 101Discussion Board Reply Grading RubricCriteriaLevels .docx
 
Ethical and Human Rights Concerns in Global HealthChapter Fou.docx
Ethical and Human Rights Concerns in Global HealthChapter  Fou.docxEthical and Human Rights Concerns in Global HealthChapter  Fou.docx
Ethical and Human Rights Concerns in Global HealthChapter Fou.docx
 
Ethical & Legal Aspects in Nursing WK 14Please answer the .docx
Ethical & Legal Aspects in Nursing WK 14Please answer the .docxEthical & Legal Aspects in Nursing WK 14Please answer the .docx
Ethical & Legal Aspects in Nursing WK 14Please answer the .docx
 
EthernetSatellite dishInternational Plastics, Inc. - C.docx
EthernetSatellite dishInternational Plastics, Inc. -  C.docxEthernetSatellite dishInternational Plastics, Inc. -  C.docx
EthernetSatellite dishInternational Plastics, Inc. - C.docx
 
Ethanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docx
Ethanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docxEthanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docx
Ethanolv.DrizinUnited States District Court, N.D. Iowa, Eastern .docx
 
Ethan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docx
Ethan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docxEthan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docx
Ethan FromeEdith WhartonTHE EMC MASTERPIECE SERIES.docx
 

Dernier

Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for BeginnersSabitha Banu
 
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17Celine George
 
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)lakshayb543
 
Activity 2-unit 2-update 2024. English translation
Activity 2-unit 2-update 2024. English translationActivity 2-unit 2-update 2024. English translation
Activity 2-unit 2-update 2024. English translationRosabel UA
 
Transaction Management in Database Management System
Transaction Management in Database Management SystemTransaction Management in Database Management System
Transaction Management in Database Management SystemChristalin Nelson
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfJemuel Francisco
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxiammrhaywood
 
Barangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptxBarangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptxCarlos105
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management systemChristalin Nelson
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Mark Reed
 
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...Postal Advocate Inc.
 
Keynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designKeynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designMIPLM
 
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTSGRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTSJoshuaGantuangco2
 
Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Seán Kennedy
 
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITYISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITYKayeClaireEstoconing
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptxmary850239
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatYousafMalik24
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxlancelewisportillo
 
Integumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.pptIntegumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.pptshraddhaparab530
 

Dernier (20)

Full Stack Web Development Course for Beginners
Full Stack Web Development Course  for BeginnersFull Stack Web Development Course  for Beginners
Full Stack Web Development Course for Beginners
 
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 3 STEPS Using Odoo 17
 
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
Visit to a blind student's school🧑‍🦯🧑‍🦯(community medicine)
 
FINALS_OF_LEFT_ON_C'N_EL_DORADO_2024.pptx
FINALS_OF_LEFT_ON_C'N_EL_DORADO_2024.pptxFINALS_OF_LEFT_ON_C'N_EL_DORADO_2024.pptx
FINALS_OF_LEFT_ON_C'N_EL_DORADO_2024.pptx
 
Activity 2-unit 2-update 2024. English translation
Activity 2-unit 2-update 2024. English translationActivity 2-unit 2-update 2024. English translation
Activity 2-unit 2-update 2024. English translation
 
Transaction Management in Database Management System
Transaction Management in Database Management SystemTransaction Management in Database Management System
Transaction Management in Database Management System
 
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdfGrade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
Grade 9 Quarter 4 Dll Grade 9 Quarter 4 DLL.pdf
 
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptxECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
ECONOMIC CONTEXT - PAPER 1 Q3: NEWSPAPERS.pptx
 
Barangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptxBarangay Council for the Protection of Children (BCPC) Orientation.pptx
Barangay Council for the Protection of Children (BCPC) Orientation.pptx
 
Concurrency Control in Database Management system
Concurrency Control in Database Management systemConcurrency Control in Database Management system
Concurrency Control in Database Management system
 
Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)Influencing policy (training slides from Fast Track Impact)
Influencing policy (training slides from Fast Track Impact)
 
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
USPS® Forced Meter Migration - How to Know if Your Postage Meter Will Soon be...
 
Keynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-designKeynote by Prof. Wurzer at Nordex about IP-design
Keynote by Prof. Wurzer at Nordex about IP-design
 
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTSGRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
GRADE 4 - SUMMATIVE TEST QUARTER 4 ALL SUBJECTS
 
Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...Student Profile Sample - We help schools to connect the data they have, with ...
Student Profile Sample - We help schools to connect the data they have, with ...
 
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITYISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
ISYU TUNGKOL SA SEKSWLADIDA (ISSUE ABOUT SEXUALITY
 
4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx4.16.24 Poverty and Precarity--Desmond.pptx
4.16.24 Poverty and Precarity--Desmond.pptx
 
Earth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice greatEarth Day Presentation wow hello nice great
Earth Day Presentation wow hello nice great
 
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptxQ4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
Q4-PPT-Music9_Lesson-1-Romantic-Opera.pptx
 
Integumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.pptIntegumentary System SMP B. Pharm Sem I.ppt
Integumentary System SMP B. Pharm Sem I.ppt
 

Required Readings· Porter, M. (1996). What is strategy Harvard .docx

  • 1. Required Readings · Porter, M. (1996). What is strategy? Harvard Business Review 74(6), 61–78. Retrieved from http://libproxy.edmc.edu/login?url=http://search.ebscohost.com/ login.aspx?direct=true&db=bsh&AN=9611187954&site=ehost- live http://www.huffingtonpost.com/phil-simon/technology- business-trends_b_1153832.html Unit 5: Module 5 - Module 5 Overview Module 5 Overview This module is designed to help you explore strategic literacy. You will explore and analyze the criticality of alignment around the plan, the people or employees, demand from the marketplace, and economic indicators. Operating alignment and organizational structure and fit are key components of strategic planning. They determine which types of business model(s) and tactics are used operationally. Key Concepts in this Module · Strategic alignment involves ensuring the company has the right resources, market, and goals to achieve its vision through operational performance. It includes, but is not limited to, marketing, branding, alliances, mergers or acquisitions, integration, product development, diversification or divestiture, and globalization. · Organization structure is often dictated by the size, roles, etc. Most often, the structure is a hierarchy that arranges authority
  • 2. outlining or determining responsibilities, duties, and rights based on position. Structure also influences how information is shared, processes are managed, and decisions are made. Structure heavily influences how an organization operates and delivers its services and goods. · A responsibility, authority, expertise, and work (RAEW) analysis is the process that helps identify structural misalignments that may impede strategy execution. These include not moving fast enough with decisions, bad processes, and having the responsibility for something but not the right skill set to execute (lack of expertise). The most common issues include the following: · Authority with no responsibility · Responsibility with no authority · Responsibility with no expertise Using the navigation on the left, please proceed to the next page. · Analyze the complexity of ethical situations and corporate social responsibility and their impact on decision making in business. · Analyze and apply practical strategic business principles, models, and theories to diverse and complex organizational situations. Unit 5: Module 5 - Strategic Literacy and Performance Strategic Literacy and Performance
  • 3. Strategic literacy refers to the ability of the people or employees within an organization to understand and execute to the company’s business goals (Tailwind Consulting, 2011). It is critical that everyone, no matter at what level in the organization, is literate about the company goals and how their job relates to impacting the goals and the overall performance of the organization. As you have learned throughout this course, an understanding of internal and external factors and alignment around a right-fit strategy is critical. All too often, companies are aligned around the mission and values, but not necessarily around the long-term strategy. Problems arise when companies are not aligned with the critical strategic imperatives needed to achieve the vision. Often, executives and managers might agree on the “what” but not on the “how.” The vision for any business needs to be translated into a workable framework that everyone can understand and ultimately execute. Senior leaders often struggle with getting everyone on the same page so they are engaged and fully aligned. Enabling your team to collaborate around a single strategy involves a lot of moving parts. Strategic Performance Strategic performance is what occurs between your intent—what you want to do—and its execution by your people. The translation process is essential and constantly has to be managed to ensure total organizational alignment. Without a managed process that gets regular attention, there are too many opportunities for misinterpretation. This results in misalignment and fake work where employees do work not related to the goals and strategic direction of the company. Tailwind Consulting. (2011). Introducing strategic literacy. Retrieved fromhttp://www.slideshare.net/TailwindConsulting/strategic-
  • 4. literacy Using the navigation on the left, please proceed to the next page. Unit 5: Module 5 - Your Strategy Audit Your Strategy Audit A strategy audit involves assessing the actual direction of a business and comparing that course to the direction required to succeed in a changing environment. A company's actual direction is the sum of what it does and does not do, how well the organization is internally aligned to support the strategy, and how viable the strategy is when compared to the external market, competitors, and financial realities. These two categories, the internal assessment and the external or environmental assessment, make up the major elements of a strategy audit. In this module, you will deliver your strategy audit as LASA 2. This audit is considered as some of the most important work in your MBA program. The ability to conduct a strategy audit further positions you, as the learner, as not just being able to understand but to take the knowledge and execute into action. This is where theory and concept make meaning as they are translated into actionable results. In the marketplace, knowledge
  • 5. and understanding are critical, but even more so is the ability to apply and “do” something that enables the organization to assess, realign, and take action to thrive and grow. Strategic Audit and Strategy Maps The strategy audit is a comprehensive analysis of the company’s business strategy and operating performance. It culminates in a series of recommendations for improving a company’s performance based on the findings and conclusions of a thorough analysis. Whether you are an experienced or developing business professional, by completing this important project, you have added to your portfolio of critical business skills. Using the navigation on the left, please proceed to the next page. Unit 5: Module 5 - The Role of Ethics The Role of Ethics Whether formally or informally stated in a business, ethics play an important part in overall long-term success. The lack of ethical behavior and policy can drive employee behavior and organizational results to dangerous places that can result in illegal activities, such as fraud and harassment. Having a
  • 6. defined ethics and code-of-conduct policy that is clear to all levels and is enforced can help an organization prevent such issues. In addition, it can establish a culture of expectation around the right and wrong behavior for a specific organization as well as its industry. Employee Behavior Behavior is typically looked at in several forms in an organization: productive producer, stagnant, and disruptive. The goal is to create productive producers; however, it is often the case where behavior has to be managed and dealt with to correct performance that is stagnant or disruptive. Stagnant and disruptive behaviors do not align with the strategy or help deliver the results. Promoting positive behavior by clearly sharing the strategy and helping employees align and play a role in executing to deliver the results is critical. The lack of any of the three noted areas can create issues in employee behavior. Evaluating the Role of Ethics Miriam Schulman, communications director of the Markkula Center for Applied Ethics advises that as we evaluate the role of ethics in business, it is important to understand that an organization can prescribe a specific set of standards by which individuals in the organization are to operate. However, the reality is that the behavior of all leaders in the organization must mirror the standards and must be a pervasive part of the culture, business strategy, purpose, and values in order to be an organizational reality and have impact. In essence, the role of ethics has to be built into the strategic plan. Keep these thoughts in mind as you prepare your final assignment in the course and as you continue in your business career. Schulman, M. (2006). Incorporating ethics into the organization's strategic plan. The Markkula Center for Applied Ethics. Retrieved fromhttp://www.scu.edu/ethics/practicing/focusareas/business/st rategic-plan.html
  • 7. Using the navigation on the left, please proceed to the next page.