Preview

notes - tactical

Satisfactory Essays
Open Document
Open Document
3009 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
notes - tactical
MANAGEMENT DEVELOPMENT PROGRAMME
UNISA GRADUATE SCHOOL OF BUSINESS LEADERSHIP
2014/7523X/MDP

MDP111-M
STRATEGY IMPLEMENTATION

1. MODULE OVERVIEW

Strategy as a ploy to outsmart the enemy or a competitor is a definition closely linked to the military field and can be traced as far back as Sun Tzu. In military writings one of the main objectives of the strategist is to infer the enemy‟s true intentions.
Strategic management is a broad term that encompasses the full spectrum of activities required for the effective setting, implementation, monitoring and control of strategy in an organisation. The practical and theoretical basis of strategic management can be traced back over many centuries of human endeavour.
Strategy implementation then relies on another set of leadership skills that includes the ability to communicate clearly and to mobilise the necessary people and resources to translate decisions into actions.
In the final analysis, no matter how good your strategic plans are, it will be the process of implementation that will determine your success. Implementation therefore plays a major role in the structure of this module.
Strategy implementation is arguably South Africa's scarcest management competence.
The consensus view is that the implementation of government policies and business strategies has a very low success rate of around 30%.
The following focus areas have been identified as influencing strategy implementation:
1) cultivating an entrepreneurial and systems-thinking mindset
2) creating a deep understanding of the multidisciplinary body of knowledge required to structure strategies for successful implementation
3) introducing a range of the analytical and „doing‟ skills required during each phase of the strategy implementation process
4) introducing the unique leadership skills and attributes required during times of strategy implementation
5) introducing the special skills and cultural astuteness required for

You May Also Find These Documents Helpful

  • Satisfactory Essays

    In the final step is when the monitoring and evaluation is constant to ensure all process are working and if any changes are needed to finalize the process and meet the objectives. The strategic plan is evaluated and compared with desired performance to see how the organization did overall with the process. The management team will continue to evaluate set certain measurements to understand and evaluate clearly the strategic plan in process. These basic steps are very important to ensure an organization is successful as needed and desired (Wheelen, T. L., & Hunger, J. D.,…

    • 520 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Unit 2 P2-M2

    • 324 Words
    • 2 Pages

    |Skills required |What is the skill? And why do they require it? (P2) |Analyse the importance of this skill to the business i.e. why is it key to the|…

    • 324 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    4. Write two objectives that address higher order thinking skills. Describe the exact skills and the skill level that the objective addresses (you can use bloom’s taxonomy or other taxonomies).…

    • 459 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Demonstrate the analytical, reasoning, and evaluation skills in identifying and weighing-up possible solutions and outcomes.…

    • 873 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The amount of practice required for each skill should be decided roughly to ensure practical implementation…

    • 462 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Week 5 Business 475 Paper

    • 2141 Words
    • 7 Pages

    In order to be successful we plan on implementing our strategy right away in order to be a successful and valuable company. We have made up numerous teams with strong leaders who is lead each objective and report on its success. The point of tactical planning is to reach the goals and objectives of the strategic plan. But markets and the business environment can change quickly. When this happens, it is time to reassess how tactics are performing against stated goals and to change tactics if necessary. Our objective is to be a tool for our clients in the numerous artistic crafts of the world and share with everyone, while creating revenue and providing community service.…

    • 2141 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    CU2941 Support Material 2 1

    • 5018 Words
    • 36 Pages

    The aim of this chapter is to assess the level of knowledge, understanding and skills…

    • 5018 Words
    • 36 Pages
    Powerful Essays
  • Satisfactory Essays

    MGT wk 1

    • 510 Words
    • 3 Pages

    In society there are hundreds of companies competing for your business on a day to day basis. As a management team it is crucial to understand strategic planning, and know how it can help you grow as a company. In corporate terms, strategic planning is making a plan as a company in order to achieve long-term goals and objectives. Upper management must think strategically first, then apply that thought to a process. The strategic management process is best implemented when everyone within the business understands the strategy. There are five stages for the management team to understand they are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.…

    • 510 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Diploma Q

    • 3169 Words
    • 13 Pages

    Personal, learning and thinking skills 1. Skills for working life 2. Checked by the assessor alongside other components…

    • 3169 Words
    • 13 Pages
    Satisfactory Essays
  • Powerful Essays

    M1 Professional Development

    • 5784 Words
    • 24 Pages

    This assignment will discuss in depth my personal and professional skills, and will use the Kolb method to audit my learning style. In each section of my strategic planning on improving my skills I will include demonstrations and examples of how my goals can improve to a professional strategy.…

    • 5784 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    Skill Development

    • 3118 Words
    • 13 Pages

    This assignment will also outline the rationale for the choice of skill and will describe the model of reflection and skill acquisition chosen, development of the process and reflection on the effect for future learning in terms of knowledge and skill acquisition. The evidence for the accomplishment of this skill has been documented within the skill Development Profile at the level of competent.…

    • 3118 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Talk about ‘strategy’ we can trace back to a general Greek word ‘strategos’. It means ‘army’ and ‘lead’. (Bracker, 1980 cited in whittington,1993).…

    • 592 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Strategic Managment

    • 1852 Words
    • 8 Pages

    * Strategy Implementation- it is not enough to formulate great strategies, they must also be put into action…

    • 1852 Words
    • 8 Pages
    Satisfactory Essays
  • Powerful Essays

    Strategy means the grand plan and the term is borrowed from the military which distinguished between the grand plan and actual action by calling the former strategy and the latter tactics.…

    • 3196 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Strategy is a plan developed for maintaining and creating a competitive advantage over competitors. If the strategy is weak to…

    • 1024 Words
    • 5 Pages
    Better Essays