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Strategy implementation is the process of putting strategic plans into action to achieve organizational goals. There are several frameworks that can guide implementation, including the McKinsey 7S model emphasizing coordinating seven elements (structure, strategy, systems, staff, style, skills, and shared values), and the PDCA cycle of planning, doing, checking, and acting to continuously improve processes. Strategy maps are a visual tool used in implementation, outlining goals and connections across financial, customer, internal process, and learning and development perspectives to realize strategic plans.

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Thanh Huyền Võ
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11 views

Script SM

Strategy implementation is the process of putting strategic plans into action to achieve organizational goals. There are several frameworks that can guide implementation, including the McKinsey 7S model emphasizing coordinating seven elements (structure, strategy, systems, staff, style, skills, and shared values), and the PDCA cycle of planning, doing, checking, and acting to continuously improve processes. Strategy maps are a visual tool used in implementation, outlining goals and connections across financial, customer, internal process, and learning and development perspectives to realize strategic plans.

Uploaded by

Thanh Huyền Võ
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Strategy implementation is the process where strategies and methods are • Do: Implement the established plan.

put into action to fulfill an organization’s objectives, goals, and mission. This • Check: Evaluate actual implementation results.
step comes after the strategic planning and decision-making process. • Act: Change, improvement.
There are many different models and frameworks that can be used to guide The above 4 steps are arranged into a closed cycle showing that PDCA is
the process of strategy implementation. an iterative cycle of planning, implementation, evaluation, change to create
1. McKinsey 7S Framework: This model emphasizes the importance of continuous improvement in a process and activities of the enterprise.
coordinating seven key organizational elements for successful implementation:
structure, strategy, systems, staff, style, skills, and shared values.
Shared values are common principles or goals that an organization
identifies and pursues. They serve as the core of the organizational model and
represent the company's standards, norms, attitudes and beliefs. Shared values
are considered the most important component of an organization, as it provides
the foundation for the other six elements.
Structure: A company's organizational structure is the organizational
chart, the way the company organizes and operates its various departments and
units. It helps the company manage and operate more effectively and facilitates
cooperation among employees. 3. Strategy Map:
Style: Refers to the management style of the company's leadership. It A strategy map is a visual tool that helps organizations see their key goals,
includes the actions they take, how they behave, how they interact will understand how different goals connect and relate, and discover the steps they
determine employee productivity and satisfaction levels. need to take to realize that goal. Strategy maps help stakeholders see the cause-
Staff: The most valuable strategic asset of an organization is its talented and-effect connections between different strategic goals.
staff or human resources. This element focuses on headcount, recruitment, Strategy maps are made up of four different types. These four areas each
employee development, compensation and other motivational considerations. have their own goals, but the goals and actions in each aspect can impact each
Strategy: is the detailed plan a business will create to make changes that other. The four perspectives include:
will help the company succeed and gain a competitive advantage in the Financial: Outline the tangible financial results of the strategy.
marketplace. Besides, strategies will be reinforced by strong vision, mission and Customers: Describe the impact and added value for your customers.
values that make goal orientation easier. Internal processes: Determine which internal processes will influence the
Skills: Employees' core competencies or skills are intangible but they play strategy.
an important role in achieving sustainable competitive advantage in the business Learning & Development: Describe how your team and their unique skills
process of an enterprise. fit into the strategic plan.
2. PDCA (Plan, Do, Check, Act): There are 2 main types of battle maps:
PDCA is the acronym for Plan - Do - Check - Act, symbolizing 4 tasks that - SWOT analysis
need to be performed sequentially to ensure optimal management efficiency. - 5 competitive forces
Specifically:
• Plan: Set up a plan.

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