Social Media Magazine

Undergrad Strategic Chapter 7: Implementing Strategies

Posted on the 24 February 2015 by Socialmediaevie @socialmediaevie
news , information,business,investment,helth news,business,politics news and informationOrganizational Structure of the Cyprus Navy

Organizational Structure of the Cyprus Navy (Photo credit: Wikipedia)

English: Organizational chart of U.S. Navy typ...

English: Organizational chart of U.S. Navy type commands. (Photo credit: Wikipedia)

A CIA Organizational Chart from May 2009

A CIA Organizational Chart from May 2009 (Photo credit: Wikipedia)

Swot analysis

Swot analysis (Photo credit: Wikipedia)

English: Triad organizational structure

English: Triad organizational structure (Photo credit: Wikipedia)

English: SBTVD Forum Organizational Structure

English: SBTVD Forum Organizational Structure (Photo credit: Wikipedia)

FLO Organizational Structure

FLO Organizational Structure (Photo credit: Wikipedia)

Organizational structure of UPP.

Organizational structure of UPP. (Photo credit: Wikipedia)

English: Organizational structure of ISA (Univ...

English: Organizational structure of ISA (University). Español: Estructura organizacional de ISA (Universidad). (Photo credit: Wikipedia)

organization structure of the CNT

organization structure of the CNT (Photo credit: Wikipedia)

Organizational Structure of the Lebanese Navy ...

Organizational Structure of the Lebanese Navy as per the details on the Lebanese Armed Forces website. (Photo credit: Wikipedia)

Social Media Strategy Framework

Social Media Strategy Framework (Photo credit: Intersection Consulting)

Chapter 7 – Implementing Strategies:  Management and Operations Issues

 

Overview

 

Chapter 7 explains how to implement strategies in terms of effectively managing organizational structure, resistance to change, organizational culture, corporate wellness, employee and executive compensation, human resource issues, and restructuring.

 

Chapter 7 Learning Objectives:

 

  1. Construct effective organizational chart.
  2. Explain why corporate wellness has become so important in strategic planning.
  3. Explain why strategy implementation is more difficult than strategy formulation.
  4. Discuss the importance of annual objectives and policies in achieving organizational commitment for strategies to be implemented.
  5. Explain why organizational structure is so important in strategy implementation.
  6. Compare and contrast restructuring and reengineering.
  7. Describe the relationships between production and operations and strategy implementation.
  8. Explain how a firm can effectively link performance and pay to strategies.
  9. Discuss employee stock ownership plans (ESOPs) as a strategic-management concept.
  10. Describe how to modify an organizational culture to support new strategies.

 

 

The most important parts of this chapter are the concepts of objectives and the concept of organizational structure. Having clear objectives greatly enhances performance. You will identify your companies corporate strategies for your final project. Objectives provide direction, serve to motivate, and often serve as a basis incentive compensation to be received if and when the objectives are met.  Employees and managers expect a firm to have clear objectives, so they know what is expected, and ideally how they can expect to benefit if the objectives are reached.

1. Organizational structure can yield great competitive advantages for businesses. Review the four basic types of structure starting on page 214 and how to diagram each type. Review the advantages and disadvantages of each type.

2. In analyzing your own case company, you will be required to generate an organizational structure diagram like the ones shown in this post.

3. You should look for a lack of diversity among the top executives. Attempt to correct  this problem, and correct any other potential problems outlined under the “Do’s and Don’ts” on page 222. Has your company been restructured lately?

4.  In implemeting your strategies, look for strengths (to be capitalized upon) and (weaknesses to be improved upon) in these areas covered such as linking performance and pay, organizational culture, diversity, and corporate wellness.

5.  At the end of Chapter 7, pay attention to the “Special Note to Students” on page 237. It has important information for you to understand as you prepare and ultimately deliver your oral case analysis presentation later in the course.

 

Exercise 7B: DRAW AN ORGANIZATIONAL CHART FOR PEPSICO USING A FREE, ONLINE TEMPLATE on page 241

This exercise mentions five web sites that may be used to develop a new and improved organizational chart for PepsiCo.  Let’s here use http://www.smartdraw.com/specials/orgchart.asp

Go to the EBSCO library database and pull up Pepsi’s company profile. Look at the revenue analysis and draw the chart. Tweet your finished diagram.

Here is my Pinterest Board

http://www.pinterest.com/socialmediaevie/organizational-structure/

Assignment 6A on page 197: Perform a SWOT analysis for PepsiCo: In the same EBSCO database, look at the SWOT analysis in the company profile and Tweet the actual diagram.

 

 

ASSURANCE OF LEARNING EXERCISE 7D:

Cultural   form Example

Hero/Heroine Grace   Harris is a heroine at VCU.  She served   as President of the institution twice and also as Provost.  She was instrumental in guiding the   institution and is known now as the example by which all leaders are   measured.

Belief VCU   believes that football is detrimental to the learning environment and, for   this reason, does not have a football team.

Metaphor VCU   is like a friend of the community.  It   seeks to be seen as a friend and support system in all community affairs.

Language There   are several words that are heavily used in the VCU language.  They are interdisciplinary,   entrepreneurial, international, diversity, and growth.

Value VCU   values those things that are represented by its language.  These include interdisciplinary programs,   programs that generate revenues, international experiences, a commitment to   diversity, and growth.

Symbol The   symbol of VCU is the ram.

Story VCU   evolved from two other small institutions just three decades ago. The   president likes to tell this story to illustrate the youthfulness and vigor   of the institution.

Legend The   work of Dr. John Fenn, a Nobel prize winning scientist, is legendary at VCU.

Saga VCU   develops an annual report each year that details its many accomplishments.

Folktale Upper   classmen often warn freshmen about the “Freshmen 15” – the 15 pounds that   freshmen tend to gain during the first year of college.

Myth Music   students believe that the building which houses the School of Music is   haunted by a pianist who died in the Civil War.  The School is housed in an old church.

Ceremony Graduation   is a ceremony that marks the end of each student’s formal relationship with   the institution.

Rite A   rite of passage at graduation is the throwing of caps at the conclusion of   the service.

Ritual Students   have a ritual of going out on Thursday nights.


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • FFS Friday - Emergency Tribe

    I've mentioned before that I feel alone most of the time, like I don't have a tribe. Over the last few weeks I've come to realise that whilst I don't have an... Read more

    12 hours, 16 minutes ago by   Glossqueen
    HAIR & BEAUTY, SELF EXPRESSION
  • Joshua’s 10 Most Listened to Albums of 2018 – Pop/Rock!

    Joshua’s Most Listened Albums 2018 Pop/Rock!

    I listened to a lot of fun music in 2018, some of it brand new, some of it holding over from years past, and some really in a kind of rediscovery way. And as... Read more

    21 hours, 1 minute ago by   Phjoshua
    LIFESTYLE, SELF EXPRESSION
  • Video: Backpacking Sequoia National Park in California

    Video: Backpacking Sequoia National Park California

    Sequoia National Park is one of my favorite parks in the entire U.S. system. It is an utterly spectacular wilderness that has a lot to offer visitors,... Read more

    The 14 December 2018 by   Kungfujedi
    OUTDOORS
  • Friday 14th December: Jane Hales

    Friday 14th December: Jane Hales

    One of my favourite stories about Evelyn de Morgan is when her sister, Mrs Anna Stirling visited the Russell-Cotes at Gallery and saw their massive painting... Read more

    The 14 December 2018 by   Kirsty Stonell Walker
    CULTURE
  • Give The Tennis Gift That Keeps On Giving: Court Crate

    Give Tennis Gift That Keeps Giving: Court Crate

    I only know one person who actually enjoys spending hours (and hours, and hours…) at crowded stores in search of the best deals on tennis-y Christmas gifts…yeah... Read more

    The 14 December 2018 by   Jen Campbell
  • Gifts For The Beauty Lover–No Matter What Your Budget Is

    Whether your shopping for your mom who wants a luxurious facial serum, a friend who loves nail polish, or your girlfriend who asked for a new blush... Read more

    The 14 December 2018 by   A Girl In La - Style Blog
    DIARIES, LIFESTYLE
  • Adjusting Obsessions

    Adjusting Obsessions

    Things are going to be quite different around these parts going forward. Obsessions have adjusted and I figured it was time to update my blog to match my curren... Read more

    The 14 December 2018 by   Seliharris
    SOCIETY

COMMENTS ( 2 )

By Gayle Hetherington
posted on 27 January at 02:22
Report spam/abuse

Excellent site you have here.. It's difficult to find high-quality writing like yours these days. I seriously appreciate individuals like you! Take care!!

By Minna Faunce
posted on 15 January at 16:32
Report spam/abuse

Wow! At last I got a blog from where I know how to genuinely obtain helpful information regarding my study and knowledge.

Magazines