MBA 590 Management: Strategic Implementation and Alignment

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MBA 590 ManagementStrategic Implementation and
Alignment

• Week Four Approaches to Executing and Managing
  the Plan

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Problem Solving Model
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What are the Facts?

• Learning Teams present facts
• Grumbling
• Meg terminated
• India flooding
• Missed deadlines
• Did not meet sales projections
• IT problems continue

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What are the Opportunities?

• Increase Buy-in from Stakeholders
• Take advantage of market forces
• Be prepared for contingencies
• Create methods and measures for performance mgmt
  to realize objectives
• Improved results from strategic/implementation
  plans

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Successful Implementation Plans

• Use best practices
• Identify all governance requirements
• Use project mgmt techniques
• Provide performance metrics
• Provide procedures for reviewing metrics
• Understand needs of stakeholders
• Validate Plan / Compare to Goals

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Organizational Goals??

• Strategic Initiative radically different
• How do you identify planning problems
• How and when do you change plans (strategic
  inflection points)

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Strategic Control

• Tracks strategy as implemented
• Detects Problems, or,
• Changes in Underlying Premises
• Makes Necessary Adjustments
• Demings Funneling

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Strategic Control

• Moving in proper direction?
• Assumptions correct? (about major trends and
  changes)
• Adjust or abort?
• How are we performing?
• Objectives and schedules met?
• Costs/Revenues/Cash Flows Projections?
• Operational changes needed?

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Strategic Control

• 4 Types of Strategic Control
• Premise Control Valid premises on which
  strategy based?
• Strategic Surveillance Events monitoring int
  and ext
• Special Alert Control Impact of sudden and
  unexpected event
• Implementation Control major strategy overhaul?
  

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Quality Mgmt

• Total Quality Mgmt
• Top Down
• Involve all EEs
• Continuous quality process improvement
• Reviewing data
• Quality focus
• Training

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Quality Concepts

• ISO
• Six Sigma

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End State Goals

• Financial Goals
• Alignment
• Customer buy-in
• Globalization

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What is the Problem

• Financial Goals missed
• Stakeholders frustrated and confused
• Asia Digital out of business
• No contingency plans
• Meg gone
• Guardo non supportive
• One month to fix

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Problem Statement

• Get stakeholder support and understanding
• Empower middle leadership