Friday, February 14, 2020

Strategy in Action Essay Example | Topics and Well Written Essays - 1500 words

Strategy in Action - Essay Example Based on the situations that face the managements, it is essential for the managers to emulate an organizational style that effectively meets the needs of their company. Some of the notable organizational styles includes pre-bureaucratic, bureaucratic, functional, divisional and post-bureaucratic. Strategic management on the other hand, involves systematic collection of all the processes undertaken by a firm and aligning them with the vision and the mission of an organization. This aim of this paper is to indicate that organizational structure must be considered as part of strategic management. According to Nag et al (2007) there are three major processes that are involved in strategy formation. These include situation and competitor analysis, setting objectives and implementing the objectives. After a strategy is formed, it undergoes evaluation process that involves all the aspects of a strategy the affect an organization. Additionally, the suitability and the feasibility of the str ategy are determined by use of the available or new human resources. During the stage of strategic implementation, three key steps are involved. The first one is organizing. Organizing entails making organizational as well as functional changes to ensure that factors that will led to the success of a strategy are put on board. The second step is resourcing. During the resourcing stage, the management comes up with the budget and the capital expenditure as well as the human resources responsible for overseeing the implementation of the strategy. Organizational strategy entails the plan that indicates how an organization will utilize the available resources to achieve the preset goals. It is vital to note that for any firm to be successful, it should come up with a vision and mission as well as objectives that are smart, measurable, accurate, realistic and timely. For any company to achieve its plans, it is essential for managers to ensure that both the structure and the strategy are combined together. Most importantly, any strategy that is undertaken by an organization must be divided into smaller tasks that are allocated to each of the employees based on their skills and the experience. In the contemporary business atmosphere, most of the firms aim at improving efficiency, creating synergy, enhancing strong team work and reducing the total organization costs by revising their structures. Even though this is achievable in most cases, it is not always possible (Heckscher and Donnellon, 1994). As earlier mentioned, for any strategy to be implemented, it should be evaluated. Companies that lack skilled personnel to undertake strategic implementation and evaluation have an option of hiring qualified personnel to undertake the process. Alternatively, the managers can hire the services of consultants who are experts in the filed of strategic management and leadership. In the two scenarios, there must be changes in the structure of human resources department to avoid conflict of goals. Connection between a strategy and structure Essentially, organizational structure is not the organization chart that depicts the flow of authority but it entails the people, position, technology and procedures that make up the organization. Most importantly, a structure indicates how all pieces and the procedures works or does not work together. This implies that it is vital for the structure to be

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