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Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 10 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 9 Strategy Implementation: Organizing for Action
Prentice Hall, Inc. © Strategy Implementation --Sum total of activities & choices required for strategic plan execution --Strategy implementation through programs, budgets, and procedures
Prentice Hall, Inc. © Strategy Implementation Key Implementation Questions – –Who carries out strategic plan? –What needs doing for alignment w/ strategy? –How is work coordinated?
Prentice Hall, Inc. © Strategy Implementation Programs – –Action oriented –Matrix of change Feasibility Sequence of execution Location Pace & nature of change Stakeholder evaluations
Prentice Hall, Inc. © The Matrix of Change
Prentice Hall, Inc. © Strategy Implementation Achieving Synergy – –Shared know-how –Coordinated strategies –Shared tangible resources
Prentice Hall, Inc. © Strategy Implementation Achieving Synergy – –Economies of scale or scope –Pooled negotiating power –New business creation
Prentice Hall, Inc. © Strategy Implementation Structure follows strategy – –New strategy is created –New administrative problems emerge –Economic performance declines –New appropriate structure is invented –Profit returns to previous level
Prentice Hall, Inc. © Strategy Implementation Stages of Corporate Development – –Stage I: Simple structure –Stage II: Functional structure –Stage III: Divisional structure –Stage IV: Beyond SBUs
Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 10 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 1 Basic Concepts of Strategic.
Chapter 2- slide 1 Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall Chapter Two Company and Marketing Strategy Partnering to Build.
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Fred R. David Prentice Hall Ch 9-1 Chapter 9: Strategy Review, Evaluation and Control Strategic Management: Concepts and Cases. 9 th edition Fred R. David.
Prentice Hall, Inc. © STRATEGIC MANAGEMENT & BUSINESS POLICY 10 TH EDITION THOMAS L. WHEELEN J. DAVID HUNGER CHAPTER 5 Internal Scanning: Organizational.
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