In The Name of ALLAH, The Most Beneficent and Merciful
Assalamu'alaikum w.b.t.
There no words I want to say except Alhamdulillah for His uncountable blessings and very thanks to Prophet Muhammad SAW for the light of Islam for the whole world.
Peace and Blessings be Upon The Prophet Muhammad SAW, His family and friends.
This is the last week for us to update the blog because the last date to submit it is tomorrow, 8/12/2013.
For this week, there are 2 topics combined here which are chapter 10 and chapter 11.
Chapter 10 is about building an organization capable of good strategy execution: people, capabilities, and structure. But, what I want to focus is what managers must to do to execute strategy successfully.
There are 10 basic tasks of the Strategy Execution Process:
1) Build the organizational capabilities required for successful strategy execution
2) Establish a strategy supportive organizational structure
3) Allocate sufficient resources to the strategy execution effort
4) Institute policies and procedures that facilitate strategy execution
5) Adopt best practices and business processes that drive continuous improvement
6) Install information and operating systems that support strategy execution activities
7) The rewards and incentives directly to the achievement of strategic and financial targets
8) Instill a corporate culture that promotes good strategy execution
9) Exercise strong leadership to propel strategy execution forward
10) Staff the organization with the right people for executing the strategy
Figure 1: Building an Organization Capable of Proficient Strategy Execution: Three Types of Paramount Action
Now, we move on the chapter 11 which we learnt about managing internal operations: the actions that promote good strategy execution.
How Policies and procedures Facilitate Good Strategy Execution?
Policies and Procedures can facilitate good strategy execution by 3 steps, which are:
Figure 2
Figure 3: Instituting Best Practices and Employing Process Management Tools
5 best practices and employing management tools, first is benchmarking, second process engineering, third six sigma quality programs, fourth total quality management (TQM), and last but not least is best practices.
Figure 4: From Benchmarking and Best-Practice Implementation to Operating Excellence
The
more that organizational units use best practices in performing their work, the
closer a company moves toward performing its value chain activities as
effectively and efficiently as possible.
This is what excellent strategy
execution is all about
RE-ENGINEERING THE ORGANIZATION
Figure 5
ACHIEVING CONTINUOUS IMPROVEMENT
Figure 6
A STATISTICAL APPROACH TO
ACHIEVING CONTINUOUS IMPROVEMENT
Figure 7
Em, I think that's all for this week. By the way, 2 weeks more we will sit for final examination and apart from that, I want to apologize in lack of the information and over -sharing in this blog. Any comments or suggestions can write in the comment column below. Everything comes from the lack of my own weakness and goodness only from ALLAH SWT. Thanks for your attention and good reading for this blog.
Aamin :)
Assalamu'alaikum :D
