Instituting processes and policies for strategy execution

Question

Explain about the instituting processes and policies which facilitate strategy execution.

Answer 1

Instituting processes and policies which facilitate strategy execution has following important point of views:

1. Alterations in strategy usually call for several changes in work practices and operations.

KEY CONCEPT: Well-conceived processes and policies aid strategy execution; out-of-sync ones are barriers.

2. It is usual for pockets of resistance to develop and for people to show some amount of stress and worry about how the alterations will affect them, especially when the alterations may eliminate jobs.

3. Prescribed processes and policies facilitate strategy execution, seems at some of these effects.

4. Company mangers require being inventive in devising policies and practices that can give vital support to effective strategy execution and implementation.

5. The Granite-rock’s “short Pay” Policy: An Pioneering method to Promote Strategy Execution, explains how this organization’s policy spurs employee concentrate on providing total consumer satisfaction and building the organization’s reputation for bigger consumer service.