strategic-management

PART 3
Strategy Implementation
CHAPTER 7
Implementing
Strategies: Management
and Operations Issues
CHAPTER OBJECTIVES
After studying this chapter, you should be able to do the following:
1. Explain why strategy implementation is
more difficult than strategy
formulation.
2. Discuss the importance of annual
objectives and policies in achieving
organizational commitment for
strategies to be implemented.
3. Explain why organizational structure is so
important in strategy implementation.
4. Compare and contrast restructuring and
reengineering.
5. Describe the relationships between
production/operations and strategy
implementation.
Assurance of
Learning Exercise 7A
Revising McDonald’s
Organizational Chart
Assurance of
Learning Exercise 7B
Do Organizations Really
Establish Objectives?
6. Explain how a firm can effectively
link performance and pay to
strategies.
7. Discuss employee stock ownership
plans (ESOPs) as a strategicmanagement
concept.
8. Describe how to modify an
organizational culture to support
new strategies.
9. Discuss the culture in Mexico and
Japan.
10. Describe the glass ceiling in the
United States.
Assurance of
Learning Exercise 7C
Understanding My
University’s Culture