Building an organization capable of good strategy execution...

 

In the name of ALLAH,
Assalamualaikum you all…(^_^)

        As usual, just want to share a new topic that I have learned this week, this topic focusing more to a few of ‘Good Strategy’ which executed by manager in terms of building and sustaining a good performances in organization.

        Thus, a good strategy is important in building organization structure such as management team, allocating resources, strengthen the financial of company and so forth. Then, please don’t forget that a good strategy always comes from good planning. So, in this situation a good relationship between employer and employees is important in execute strategy successfully.

  

        Moreover , to maintain successful in performance whether in strategy of supportive resources and capabilities or organizational structure, the manager must applying three keys actions in organization which are;

1) Staffing the organization
2) Acquiring, developing and strengthening key resources and capabilities
3) Structuring the organization and Work effort

        Last but not least, the three key actions above is important key in developing organization successfully. Each manager in any company has a big responsibility to execute a good strategy to achieve organization goals and employees also must to participate in that strategy execution process. 

        That’s all for today…Wassalam...(^_^)

 "Let it go..."

Corporate Strategy

Bismillahirrahmanirrahim..
Alhamdulillah a’la kulli hal..

Salam everyone,

New entry new topic… (^_^)   

    

          For this new entry, I want to share with all of you about new topic which is ‘Corporate Strategy’.. To me, this topic is very interesting because it focusing on strategy making in diversified enterprise. I will tell a bit of content in this topic which involving diversification strategies, corporate strategy options and others. 

          First of all, diversification terms in business means some of development of strategy which allowing a company to enter a new business that are not related with current products or services. In addition, when any company want enter a new business, they can choose any of three forms which are acquisition, internal startup or joint ventures. Diversification by acquisition more focusing on entry barriers like acquiring technological knowledge, build a supplier relationships, achieving scale economies, building brand awareness and securing adequate distribution. For internal startup, it can be defined as corporate venturing while a new business by Joint Ventures which involving two parties and more. 

            There are four strategy options of company which involved in diversification business which is;

1) Broaden the diversification base.
2) Divest some businesses and retrench to a narrower diversification base.
3) Restructure the company's business lineup.
4) Pursue multinational diversification. 

That’s all for this topic, may Allah bless us for everything that we do...(^_^)