Test Papers – ICSE – Class – X
CA IPCC, Strategy Implementation And Control, Module 3
Bacha log, this Module we will see the importance of structure in strategy implementation.
Now changes in strategy often require changes in the way an organisation is structured,
right. There are two main reasons, structure largely dictates how objectives and policies will
be established. Example, objectives and policies established under a geographic
organisational structure are couched in geographic terms. So objectives and policies are
stated largely in terms of products in an organisation whose structure is based on product
groups.
Secondly, structure also dictates how resources will be allocated. Example, if an
organisation’s structure is based on consumer groups then resources will be allocated in
that particular manner. So these are the two reasons why there should be a change in the
structure when there is a change in the strategy.
Now let’s check this question, that Structure influences strategy. Is this statement correct?
Yes, the statement is correct. The structure can and does influence strategy. Okay, so
strategies formulated must be workable, that is, if a certain new strategy requires massive
structural changes it would not be a choice. So this makes it very clear that structure
influences strategy.
Now let’s see here in the Chandler’s Strategy, now Mr. Chandler or Professor Chandler
teaching in …
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CA IPCC, Strategy Implementation And Control, Module 2
Bacha log, herein we are going to see the distinguish between Formulation and
Implementation, right, that is Strategy Formulation, the positioning forces before the action.
That is the format. Implemented, is maintaining forces during the action.
Second, strategy formulation forces on effectiveness, whereas implementation on
efficiency, remember, bacha log. Formulation is primarily an intellectual process.
Implementation is primarily an operational process. Formulation requires good intuitive
and analytical skills. Herein implementation requires special motivation and leadership
skills. Formulation requires co-ordination among a few individuals. Wherein
implementation requires combination among many individuals. So this is the distinguish
between Formulation and Implementation.
Now issues to be considered in strategy implementation. Number 1 is Project
Implementation and number 2 is Procedural Implementation.
this Module we are going to see Strategy Implementation and Control. In the previous
chapter we had seen formulation of functional strategy and here implementation, right. So
here we can see on the X axis we have Strategy Implementation and on the Y axis we have
Strategy Formulation. Now the desired one is block B, right, which gives you a good
combination of sound and excellent. This is the desired state which all the organisation
would love to be. Now many managers fail to understand between strategy formulation
and strategy implementation. A company would be successful only when strategy
formulation is sound and implementation is excellent. So the matrix in the figure below
represent various combination of strategy formulation and implementation. Now strategy
formulation and implementation matrix. The figure show the relationship between…..
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CA IPCC, Strategy Implementation And Control, Module 1
Hi, Bacha log, in this chapter we are going to see Strategy Implementation and Control. In
the previous chapter we had seen formulation of functional strategy and here
implementation, right.
So here we can see on the X axis we have Strategy Implementation and on the Y axis we
have Strategy Formulation. Now the desired one is block B, right, which gives you a good
combination of sound and implement which is excellent. This is the desired state which all
the organisations would love to be. Now many managers fail to understand the relationship
between strategy formulation and strategy implementation. A company will be successful
only when strategy formulation is sound and implementation is excellent. So the matrix in
the figure below represent various combination of strategy formulation and
implementation. Now strategy formulation and implementation matrix. The figure show
the relationship between…..
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CA IPCC, Formation Of Functional Strategy, Module 11
Bacha log in this Module we are going to see HR and Strategy. Human Resource
Management Strategy, very, very important for all the organisations. Now HR resource
strategy of business should reflect and support the corporate strategy. An effective human
resource strategy includes the way in which the organisation plans to develop its employees
and provide them suitable opportunities and better working conditions so that their optimal
contribution is ensured. This implies select best personnel, motivating and rewarding the
employees for performance, etc. HRM, it may be defined as the linking at HR Management
with strategic goals and objectives to improve business performance and develop
organisational culture that fosters innovation and flexibility. The success of an organisation
depends on its HR. This means how they are acquired, developed, motivated and retained
in an organisation play an important role in organisation success. And that is the reason
Google is ranked number 1 company to work for.
The HR management practices of an organisation include the following, pre-selection
practices include HR planning and job analysis. Selection practices are meant to staff
various positions in an organisation. Post-selection practices is to maintain and improve the
workers job performance levels. The areas where the HR Manager can play a strategic role
are as follows: Providing direction, the HRM must be able to lead people and the
organisation towards the desired direction involving people right from the beginning.
Creating Competitive atmosphere, the organisation can gain a competitive advantage
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CA IPCC, Formation Of Functional Strategy, Module 9
Research and Development in this particular Module. These people or this personnel can
play an integral part in strategy implementation. These individuals are generally charged
with developing new products and improving old products. Companies in virtually every
industry are relying on the development of new products and services to fuel profitability
and growth. Surveys suggest that the most successful organisation use R & D strategy that
ties external opportunities to internal strengths. You will be shocked to hear Volkswagen
has spent 12 billion dollars in a year, right, on R &D. 12 billion Dollars in a year.
R & D policies can enhance strategic implementation efforts to emphasize product
improvements, stress basic or applied research, be leaders or followers in R & D, spend a
high, average or low amount on R & D. So even Samsung people spend a good amount of
money on Research and Development. The decisions on whether to acquire R & D expertise
internally depends on the following, technical progress slow plus market growth moderate
equals to in house R & D. Technical …..
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CA IPCC, Formation Of Functional Strategy, Module 8
Bacha log, Let’s see Logistics Strategy now. Management of Logistics is a process which
integrates the flow of supplies into, through and out of an organisation to achieve a level of
service which ensures that the right materials are available at the right place, at the right
time, at the right quality and at the right cost. So everything right. Organisations try to
keep the cost of transporting materials as low as possible. SCM that is Supply Chain
Management helps in logistics and enables a company to have constant contract with its
distribution team like trucks, train, etc. Development and use of a formal logistics strategy
is very important given the changes that affect logistics operations. For a business
organisation effective logistics strategy will involve raising and finding solutions to the
following questions:
Which sources of raw materials are available?
How many manufacturing locations are there?
What products are made at each manufacturing locations?
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