Purpose – The Heart of Business
Elements of Purpose: Principle: The “Purpose” model by Hubert Joly is guided by the principle that purpose-driven organizations are more successful and resilient in the long run. It emphasizes the…
Elements of Purpose: Principle: The “Purpose” model by Hubert Joly is guided by the principle that purpose-driven organizations are more successful and resilient in the long run. It emphasizes the…
Elements of Business Model Canvas: Principle: The Business Model Canvas is a visual framework that provides a structured way to analyze and design a business model. It encourages entrepreneurs and…
Elements of The Extended Marketing Mix 7 P’s: The Extended Marketing Mix, often referred to as the 7 P’s, is an expansion of the traditional 4 P’s of marketing (Product,…
Elements of Force Field Analysis: Forces for change -> Driving forces -> EQUILIBRIUM <- Forces resisting change <- Restraining forces Principle: Driving and restraining forces to change Issues: Driving forces…
Elements of Levels of Change: Need Level of change Approaches/tactics New mission, different ways of doing things Values, culture, style of management Organizational development New corporate perspective/strategy Objectives, corporate strategy…
Elements of The Strategic Change Process: Environmental impact/Stakeholder power and influence/Organisational awareness – Mission and strategic change – Leadership and culture – Decisions and actions, resource management – Outcomes /…
Elements of Emergent Strategy Implementation: Environmental chaos, Competition, Broad Strategic Direction, Organisation structure and systems, Policies and procedures, Organisation knowledge, Empowered managers, Strategic and competitive success Principle: Managers working within…
Elements of Intended Strategy implementation: Strategic leader – Strategic resources – Organisations structure, Intended strategies, objectives, milestones, targets – Actions (Monitoring) (Strategic and competitive success) Principle: Utilizing capabilities and strategic…
Elements of Strategy implementation: Input (Environmental chaos) – Desired outcomes (Order and control, Crisis avoidance, Strategic and competitive success) – Elements of strategy (Strategic vision and direction, Ideas for change…