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Organisational Strategic Framework & Road Map Dr. Elijah Ezendu FIMC, FCIM, FIIAN, FBDI, FAAFM, FAAPM, FCCM, FSSM, MIMIS, MIAP, MITD, ACIArb, ACIPM, PhD, DocM, MBA, CWM, CBDA, CMA, MPM, PME, CCIP, CMC
Learning Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]
[object Object],[object Object]
[object Object]
Strategic Plan ,[object Object],[object Object]
The Strategic Planning Process Develop Vision, Mission, Shared Values, Motto, Goals and Objectives Strategy Implementation Crafting Strategy Environmental Scanning Evaluation and Control
Developing Vision and Mission ,[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Vision ,[object Object],[object Object]
Mission ,[object Object]
Vision Statement Versus Mission Statement ,[object Object]
Example of Vision/ Mission (Sony) ,[object Object],[object Object]
Example of Vision/ Mission (Volvo Car Corporation) ,[object Object],[object Object]
Example of Vision/ Mission (Pfizer) ,[object Object],[object Object]
Example of Vision/ Mission (Avon Products) ,[object Object],[object Object]
Benefits of Communicating Vision/Mission ,[object Object],[object Object],[object Object],[object Object]
Shared Values ,[object Object],[object Object],[object Object]
Shared Values in Practice ,[object Object],[object Object],[object Object]
Example of Shared Values (Molson Coors Brewing Company) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Example of Shared Values (Fuji Xerox) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Motto ,[object Object],[object Object],[object Object]
Example of Motto (Boeing) ,[object Object],Example of Motto (Google) Google is the closest thing the web has to an ultimate answer machine
Example of Motto (Nike) ,[object Object],Example of Motto (Sun Microsystems) We put the dot in dot-com
Goal ,[object Object]
Objectives ,[object Object],[object Object]
Criteria For Setting Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: G.A. Cole, Strategic Management
Setting Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Clearly Structured Objective ,[object Object],CSF Objective KPI Target + + =
[object Object],[object Object]
[object Object]
Sources of Critical Success Factors for a Manager ,[object Object],[object Object],[object Object],[object Object],[object Object]
CSF and KPI Process ,[object Object],[object Object],[object Object],[object Object],[object Object]
Process of Identifying and Monitoring Critical Success Factors
How to Identify Industry Related Critical Success Factors ,[object Object],[object Object],[object Object]
Deriving Objective, Target, KPI, and Critical Success Factors from A Goal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Group Task ,[object Object]
Performance Indicator ,[object Object],[object Object]
Properties of Performance Indicators ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Advantages of Performance Indicators ,[object Object],[object Object]
Disadvantages of Performance Indicators ,[object Object],[object Object],[object Object]
Criteria for Selecting KPI ,[object Object],[object Object],[object Object]
Types of KPI ,[object Object],[object Object],[object Object],[object Object]
Developing Targets based on KPI ,[object Object],[object Object],[object Object]
Two Types of Objectives ,[object Object],[object Object]
Examples of Elementary Financial and Strategic Objectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Examples of Combined Objectives ,[object Object],[object Object],[object Object],[object Object]
Environmental Scanning ,[object Object],[object Object],[object Object],[object Object]
Using Root Cause Analysis For Identification of Causalities Declining Sales Marketing Production Human Resource Materials Management Dull Product Image Deficiency in Promotion Reduced Quality Inappropriate Planning High Staff Turnover Lack of Vital Expertise Poor Inventory
Using SWOT Analysis Environmental Scan Internal Analysis External Analysis Strengths Weaknesses Opportunities Threats
Conducting SWOT Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Problems of SWOT Analysis ,[object Object],[object Object],[object Object]
Porter’s Five Forces ,[object Object],[object Object]
Using Porter’s Five Forces for Industry Mapping Potential Entrants Substitutes Suppliers Buyers Competitive Rivalry Threat of Entrants Threat of Substitutes Bargaining Power Bargaining Power Source: Michael Porter, Competitive Strategy
Applying The Five Forces Bargaining Power of Buyers Threat of Entrants Bargaining Power of Suppliers Threat of Substitutes Extent of Competitive Rivalry Force Factors for Consideration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Problems of Porter’s Five Forces ,[object Object],[object Object],[object Object]
STEEPLED Analysis ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object]
[object Object],[object Object]
Crafting Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Three Levels of Strategy ,[object Object],[object Object],[object Object]
Corporate Level Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business Unit Level Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Functional/ Operational Level Strategy ,[object Object],[object Object]
Developing Strategic Options ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Adapted from Jorge Vasconcellos, Strategy Moves Classes of Strategy Attack Strategy Defense Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Growth Strategies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Organic and Inorganic Growth ,[object Object],[object Object],[object Object],[object Object]
Motivations for Global Strategies GLOBAL STRATEGIES Access Strategic Markets Access National Incentives Cross- Subsidize Create Global Associations Obtain Scale Economies Access Low-Cost Labour/Materials Dodge Trade Barriers Source: David Aaker, Developing Business Strategies
Using SWOT Analysis to Suggest and Test Strategies Situation Audit Data Base Strengths Weaknesses Opportunities Threats Mission Goals Cash Flow Product Line Competition Facilities etc Suggest Strategies Tested Against Source: George Steiner and John Miner
Mintzberg & Quinn Model for Strategy Implementation Mintzberg & Quinn Model for Strategy Implementation
Cole’s Model for Strategy Implementation Strategic Choice (The Strategy) Organizational Structure (Framework) Managerial Authority & Power (Leadership) Financial & Physical Resources ( Resources) Organizational & Individual Values ( Culture) Personnel Skills & Development ( Resources) Strategy Implementation
Evaluating Performance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Case Study ,[object Object]
[object Object]
Thank You Dr. Elijah Ezendu elezendu@yahoo.com, 234 8033024596, 234 8058835237

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Organisationalstrategicframeworkroadmap 101124020000-phpapp01

  • 1. Organisational Strategic Framework & Road Map Dr. Elijah Ezendu FIMC, FCIM, FIIAN, FBDI, FAAFM, FAAPM, FCCM, FSSM, MIMIS, MIAP, MITD, ACIArb, ACIPM, PhD, DocM, MBA, CWM, CBDA, CMA, MPM, PME, CCIP, CMC
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  • 8. The Strategic Planning Process Develop Vision, Mission, Shared Values, Motto, Goals and Objectives Strategy Implementation Crafting Strategy Environmental Scanning Evaluation and Control
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  • 35. Process of Identifying and Monitoring Critical Success Factors
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  • 50. Using Root Cause Analysis For Identification of Causalities Declining Sales Marketing Production Human Resource Materials Management Dull Product Image Deficiency in Promotion Reduced Quality Inappropriate Planning High Staff Turnover Lack of Vital Expertise Poor Inventory
  • 51. Using SWOT Analysis Environmental Scan Internal Analysis External Analysis Strengths Weaknesses Opportunities Threats
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  • 55. Using Porter’s Five Forces for Industry Mapping Potential Entrants Substitutes Suppliers Buyers Competitive Rivalry Threat of Entrants Threat of Substitutes Bargaining Power Bargaining Power Source: Michael Porter, Competitive Strategy
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  • 72. Motivations for Global Strategies GLOBAL STRATEGIES Access Strategic Markets Access National Incentives Cross- Subsidize Create Global Associations Obtain Scale Economies Access Low-Cost Labour/Materials Dodge Trade Barriers Source: David Aaker, Developing Business Strategies
  • 73. Using SWOT Analysis to Suggest and Test Strategies Situation Audit Data Base Strengths Weaknesses Opportunities Threats Mission Goals Cash Flow Product Line Competition Facilities etc Suggest Strategies Tested Against Source: George Steiner and John Miner
  • 74. Mintzberg & Quinn Model for Strategy Implementation Mintzberg & Quinn Model for Strategy Implementation
  • 75. Cole’s Model for Strategy Implementation Strategic Choice (The Strategy) Organizational Structure (Framework) Managerial Authority & Power (Leadership) Financial & Physical Resources ( Resources) Organizational & Individual Values ( Culture) Personnel Skills & Development ( Resources) Strategy Implementation
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  • 79. Thank You Dr. Elijah Ezendu elezendu@yahoo.com, 234 8033024596, 234 8058835237