by Rajesh Parashar
Let us consider you are required to develop a plan to set up new unit without any strategic management background . It is very painful process and try to understand doing google search and asked mentor to help you design it. Or you get time to read a lot of stuff related strategic management or join any workshop or online source. Ultimately you got it some know how that is idea,theme,concepts enable you develop own customize strategy map. But thought is coming like popcorn ,whether it is included or excluded. For this,you begin to think which strategic tools and technique is suitable and specific for you.
Before jumping on any strategic tool, first try to understand and make strategic awareness why you need and why you are assigned yourself to develop strategic map for your upcoming new unit.
List out these concepts
- You are required strategies,efficiency and effectiveness and innovation how to effectively manage and allocate resources
- You are required strategies include mission ,vision ,growth map and means to achieve it.
- You are required action map to do implement things well with efficiency and effectiveness
- You are required to renew and change the strategic plan and motivate employee to keep ready for any future change.
- You are required to concern the effectiveness of strategic fit and match with Environment change ,Resources gap and delivery of values.
- You are required to build competitive advantage for product,services and business
- You are required to identify level of strategy that is Corporate ,Operational,Functional.
- You are required to identify modes of strategic formation that is three :-Planning includes analytical ,entrepreneurial,adaptive
- You are required to develop awareness and decision making process to implement strategic synergy result in to organisation culture and leadership
⏩ Next Topic shall cover strategic process
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