Strategic Management in the Private Sector
Strategic Management in the Private Sector
Improving organisational intelligence
1800 671 978 | Solutions@TechnologyOneCorp.com | www.TechnologyOneCorp.com
STraTegiC ManageMenT in The PriVaTe SeCTOr
About TechnologyOne Corporation
TechnologyOne is a leading enterprise software solutions provider with offices in each State and Territory of australia, new Zealand, Malaysia and the United Kingdom. For more than twenty years they have been providing comprehensive and deeply integrated enterprise software solutions used by business, government, health and community services, education, financial services and the utilities sectors.
Executive summary executives and managers are under increasing pressure worldwide to improve profits of their organisations, while simultaneously improving outcomes and outputs. Facing profoundly uncertain times executives must, more than ever, ensure the organisation is poised to act and react to market forces – for future slowdown or intense activity. The challenge of dealing with uncertainty is vitally important, considering more variables and involving more stakeholders, with a greater emphasis on measurement for fine-tuning decision making. The key to this is a robust strategic management plan. To meet these considerable challenges, organisations must revisit their strategic management processes and measurement systems. There are innumerable strategic management frameworks available for use in the private sector, but the challenge is finding one that allows for scenario planning, intensive monitoring and a long-term outlook. This framework should encompass corporate performance management, the strategic use of business intelligence to communicate and monitor strategy. So how do organisations gain a better understanding of contemporary strategic management, and what should the management framework look like? What measures are appropriate within organisations and what tools are available to assist? how do organisations go
Improving organisational intelligence
1800 671 978 | Solutions@TechnologyOneCorp.com | www.TechnologyOneCorp.com
STraTegiC ManageMenT in The PriVaTe SeCTOr
About TechnologyOne Corporation
TechnologyOne is a leading enterprise software solutions provider with offices in each State and Territory of australia, new Zealand, Malaysia and the United Kingdom. For more than twenty years they have been providing comprehensive and deeply integrated enterprise software solutions used by business, government, health and community services, education, financial services and the utilities sectors.
Executive summary executives and managers are under increasing pressure worldwide to improve profits of their organisations, while simultaneously improving outcomes and outputs. Facing profoundly uncertain times executives must, more than ever, ensure the organisation is poised to act and react to market forces – for future slowdown or intense activity. The challenge of dealing with uncertainty is vitally important, considering more variables and involving more stakeholders, with a greater emphasis on measurement for fine-tuning decision making. The key to this is a robust strategic management plan. To meet these considerable challenges, organisations must revisit their strategic management processes and measurement systems. There are innumerable strategic management frameworks available for use in the private sector, but the challenge is finding one that allows for scenario planning, intensive monitoring and a long-term outlook. This framework should encompass corporate performance management, the strategic use of business intelligence to communicate and monitor strategy. So how do organisations gain a better understanding of contemporary strategic management, and what should the management framework look like? What measures are appropriate within organisations and what tools are available to assist? how do organisations go
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