Strategic Management

ORGANISATIONAL CULTURE, LEADERSHIP AND REWARDS

ORGANISATIONAL CULTURE, LEADERSHIP AND REWARDS

This article addresses the relationship between an organisational culture, leadership and rewards. The article highlights how an organisation’s strategy supportive culture can enhance high performance. It is also important to create a spirit of high performance in the organisation and to link rewards to the level of performance. Adequate policies are to be put in

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Management Control System

Management Control Systems

Management Control ensures the human physical and technological resources are allocated and utilised to achieve the overall purpose of the organisation. The feedback control is about monitoring the outputs desired against outputs achieved. There are many ways of management control which include feedback, feedforward, bench-marking and auditing.  Most of these are usually employed by progressive organisation.

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Shortcomings of BCG portfolio evaluation

Shortcomings of BCG portfolio evaluation

There are many shortcomings that are associated with BCG portfolio evaluation. These observed weaknesses of BCG created the obvious need for more probing techniques of business strategy evaluation. Other approaches include General Electric Motor (GE) approach and the life cycle matrix approaches, which take care of some of BCG”s weaknesses.  BCG portfolio evaluation The Need

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STRATEGY IMPLEMENTATION AND EXECUTION

STRATEGY IMPLEMENTATION AND EXECUTION

 This article deals with strategy implementation and execution which means that translating a decision into action is essentially an administrative task. The article discusses matching organisation’s strategy implementation with the structure to be able to achieve the organisation’s objectives. Strategy Implementation Strategy implementation is concerned with translating a decision into action. This presupposes that the decision itself

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Strategy Formulation in Business

Strategy Formulation in Business

 This article deals with strategy formulation, particularly, the essential elements that are involved in the formulation of strategy. It discusses how strategy formulation gives the direction that the organisation wants to go. The different levels of strategy formulation are enumerated. The article ends by giving vivid information on the background of strategy formulation in business

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Introduction to Strategic Choice in Business

Introduction to Strategic Choice

This article deals with strategic choice. This implies that there are many alternating or array of strategies from which the organisation can chose based on the outcome of the organisation’s environmental analysis. In making strategic choice, the manager must take cognizance of certain factors like structure and the culture of the organisation.    Strategic choice basically comprises

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