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ROLE OF STRATEGISTS
Introduction

  Who are strategists?
  Formulation, Implementation and
  Evaluation
  Can be internal, as well as external
List of strategists
  1. Board of directors
  2. CEOs
  3. Entrepreneurs
  4. Senior Management
  5. SBU- Level Executives
  6. Corporate Planning Staff
  7. Consultants
  8. Middle Level Managers
  9. Executive Assistants
1. Board of Directors

 Who are they?
 Who appoints them?
 What are they supposed to do?
 What binds them?
Board of directors

 Variation in the boards of companies
 across sectors
 Directions to managers + Operational
 matters of significance
 Formal and informal functions
 Vital link between the company and
 the environment
BoD as STRATEGISTS

 Guidance for objectives, review and
 appointment
 Strategic direction to the organisation
 Exact role of board dependent on
 relative strength
2. Chief Executive Officer

 Who is a CEO?
 What else is he/she known as?
 How important is the CEO to the
 organisation?
Chief Executive Officer
      Defining Roles Theoretically:
      1. The Role Modelling Approaches
          Chief architect of organisational
          purpose, strategist or planner
          Organisational leader, organiser, or
          organisational builder
          Chief administrator, implemetor, or
          coordinator
          Communicator of organisational
          purpose, motivator, personal leader or
          mentor
Chief Executive Officer
2. The other approaches:
On parameters like:
 How time is spent
 Qualities & personalities
 Communication styles
 Demographic characteristics
 Managerial values
 Environment
 Managerial styles
Chief Executive Officer
 Defining roles practically: By practitioners
  or by CEOs themselves

  ‘Keynote’ by J.R.D. Tata
  ‘Return to Punjab’ by Prakash Tandon
  ‘India’s industrialists’ by Gita Piramal
Example: Indira Nooyi (Pepsi co)
Extremely important strategies for the
  company, for e.g.,

 Acquisition of Tropicana
 Merger with Quaker Oats
3. Entrepreneurs
The entrepreneur always searches for
 change, responds to it and exploits it is
 an opportunity.
Example


Kiran Mazumdar, a young entrepreneur,
set up an export-oriented unit
manufacturing a range of enzymes.
She was actively involved in all aspects of
policy formulation and implementation
for her companies.
4. Consultants

They can be individuals, academia, or
 consulting companies specializing in
 strategic management.
5. Corporate Planning Staff

They support and assist the
 management, prepare & communicate
 strategic plans and conduct special
 studies & researches.
6. SBU- Level Executives

The executive head of each SBU is
 responsible for the framing of
 strategies for that SBU and for the
 coordination with the other SBUs in
 the organisation.

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Role of strategists

  • 2. Introduction Who are strategists? Formulation, Implementation and Evaluation Can be internal, as well as external
  • 3. List of strategists 1. Board of directors 2. CEOs 3. Entrepreneurs 4. Senior Management 5. SBU- Level Executives 6. Corporate Planning Staff 7. Consultants 8. Middle Level Managers 9. Executive Assistants
  • 4. 1. Board of Directors Who are they? Who appoints them? What are they supposed to do? What binds them?
  • 5. Board of directors Variation in the boards of companies across sectors Directions to managers + Operational matters of significance Formal and informal functions Vital link between the company and the environment
  • 6. BoD as STRATEGISTS Guidance for objectives, review and appointment Strategic direction to the organisation Exact role of board dependent on relative strength
  • 7. 2. Chief Executive Officer Who is a CEO? What else is he/she known as? How important is the CEO to the organisation?
  • 8. Chief Executive Officer Defining Roles Theoretically: 1. The Role Modelling Approaches Chief architect of organisational purpose, strategist or planner Organisational leader, organiser, or organisational builder Chief administrator, implemetor, or coordinator Communicator of organisational purpose, motivator, personal leader or mentor
  • 9. Chief Executive Officer 2. The other approaches: On parameters like: How time is spent Qualities & personalities Communication styles Demographic characteristics Managerial values Environment Managerial styles
  • 10. Chief Executive Officer Defining roles practically: By practitioners or by CEOs themselves ‘Keynote’ by J.R.D. Tata ‘Return to Punjab’ by Prakash Tandon ‘India’s industrialists’ by Gita Piramal
  • 11. Example: Indira Nooyi (Pepsi co) Extremely important strategies for the company, for e.g., Acquisition of Tropicana Merger with Quaker Oats
  • 12. 3. Entrepreneurs The entrepreneur always searches for change, responds to it and exploits it is an opportunity.
  • 13. Example Kiran Mazumdar, a young entrepreneur, set up an export-oriented unit manufacturing a range of enzymes. She was actively involved in all aspects of policy formulation and implementation for her companies.
  • 14. 4. Consultants They can be individuals, academia, or consulting companies specializing in strategic management.
  • 15. 5. Corporate Planning Staff They support and assist the management, prepare & communicate strategic plans and conduct special studies & researches.
  • 16. 6. SBU- Level Executives The executive head of each SBU is responsible for the framing of strategies for that SBU and for the coordination with the other SBUs in the organisation.