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MNG3702 MNG3702 ASSIGNMENT 1 SEMESTER 2 - 2023 MNG3702

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MNG3702 MNG3702 ASSIGNMENT 1 SEMESTER 2 - 2023 MNG3702 MNG3702 ASSIGNMENT 1 SEMESTER 2 - 2023 MNG3702 Components of strategy deployment: • Aligning organisational units with the strategic direction: Organisational units must be meticulously aligned with the strategy so that the entire organisation and all its parts move in the same direction. If parts of an organisation “pull” in different directions, the organisation is less likely to build a cohesive strategy, which is crucial for closing the gap between planned and realised strategy. • Aligning individual behaviour with the strategic direction: Individual behaviour can be aligned with strategy by communicating the strategy and then using tools such as the recruitment process, policies and procedures, cascading of objectives and reward systems. • Identifying and managing strategic initiatives: Strategic initiatives refer to the key projects or programmes that are selected to achieve specific objectives or to improve performance. The organisation must make a decision on the portfolio of initiatives it will pick. It needs to have adequate processes for identifying and managing these strategic initiatives. PAGE 239 PRESCRIBED TEXTBOOK QUESTION 2 OPTION 4 Values: These are the beliefs, traits and behavioural norms that management has determined should guide the pursuit of its vision and mission. PAGE 198 PRESCRIBED TEXTBOOK

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Subido en
8 de agosto de 2023
Número de páginas
11
Escrito en
2023/2024
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Examen
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MNG3702

MNG3702 ASSIGNMENT 1
SEMESTER 2 - 2023
MNG3702




MNG3702 ASSIGNMENT 1
SEMESTER 2 - 2023
MNG3702

, QUESTION 1
OPTION 2 – B C E

Components of strategy deployment:

• Aligning organisational units with the strategic direction:

Organisational units must be meticulously aligned with the strategy so that the entire
organisation and all its parts move in the same direction. If parts of an organisation “pull” in
different directions, the organisation is less likely to build a cohesive strategy, which is
crucial for closing the gap between planned and realised strategy.

• Aligning individual behaviour with the strategic direction:

Individual behaviour can be aligned with strategy by communicating the strategy and then
using tools such as the recruitment process, policies and procedures, cascading of objectives
and reward systems.

• Identifying and managing strategic initiatives:

Strategic initiatives refer to the key projects or programmes that are selected to achieve
specific objectives or to improve performance. The organisation must make a decision on
the portfolio of initiatives it will pick. It needs to have adequate processes for identifying
and managing these strategic initiatives.



PAGE 239 PRESCRIBED TEXTBOOK



QUESTION 2

OPTION 4

Values:

These are the beliefs, traits and behavioural norms that management has determined should
guide the pursuit of its vision and mission.


PAGE 198 PRESCRIBED TEXTBOOK




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