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Strategic Management : Role of Culture and Performance

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role of culture and performance | strategic management

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Role of Culture and Performance Presentation Transcript

Slide 1 - Role of culture and performance evaluation in strategy implementation Strategic Management
Slide 2 - Impact of Culture on Strategy Strategy implementation depends on "assumptions, values, and working" that at variance with organization's culture. An organization can change its strategy and its structure and yet will find its culture.
Slide 3 - A GLOBAL PERSPECTIVE Comparing Management Styles across countries A key success factor for strategy implementation is building motivation and commitment among managers. There are two ways organizations can improve employee commitment to strategies: by improving their understanding of strategies and their impact, and by rewarding them for appropriate strategic actions.
Slide 4 - The second way to improve commitment to strategy is the reward and compensation system. The following criterions are commonly used in establishing and using an organizational reward system:
Slide 5 - Person-related Variables Educational qualifications Work experience Tenure on job and in company Potential for growth and advancement
Slide 6 - Job-related Variables Amount of skill required Number of people being supervised Special knowledge required to do the job Strategic importance of job
Slide 7 - Organization-related Variables Salary history and triangle in the firm Other perks and benefits offered Intangible benefits Profitability of the company
Slide 8 - Environment-related Variables Competitor's salary offerings Extent of job mobility in the industry
Slide 9 - Strategy-related Variables Criticality for strategy Compensation
Slide 10 - Thank You