Making Good Ideas Happen Through Effective Business Strategies
Most organizations are in business to survive, thrive and grow. An organization is unlikely to achieve sustainable growth if it fails to achieve sustainable competitive advantage through effectively converting good ideas into sound strategies, and successfully translating those strategies into workable and effective actions which are successfully implemented and executed. Further more, ensuring sustainable growth requires an organization to develop the capacity for effective strategic management and decision-making which establishes the context for operations management and decisions in efficiently creating and delivery value to customers while ensuring the expectations of stakeholders are met. "Formal" models of strategic management and operations management processes can enable and support managers in evaluating the interplay between strategic management and operations management to ensure strategies can be effectively operationalized - implemented and executed successfully to achieve the strategic objectives.
Modeling and Visualization Strategy
Strategies are largely invisible to the organization itself and the people that must intervene to implement and execute them so they have value to the organization.
Modeling and visualizing strategy can give form to a strategy and help improve an organization's shared understanding of its strategy in terms of its cause-effect relationships to environment factors, core strategic issues, underlying assumptions, and resources.
Improving an organization's shared understanding of its strategy enables its soundness to be evaluated, and its acceptability can readily be substantiated; increasing chances of successful implementation and execution, and resulting in organizational change leading to sustainable growth and profitability
Model-Based Strategic Issues Diagnosis
Crafting a sound strategy requires managers to identify problems of strategic relevance through diagnosis and analysis of strategic issues then formulate appropriate strategies to solve the identified problems.
A model based approach to strategic issues diagnosis enables managers and strategists to follow a systematic and coherent approach to discovery and definition of problems to be solved; and analysis and synthesis, to inform their decision-making in formulating (designing) sound strategies to solve those problems.
Models of intended strategy can visually be reviewed to ensure they are acceptable to the relevant stakeholders, and evaluated through simulation techniques to assess implementation feasibility.
Determine Organization Effective Capacity
Capacity, from an operations perspective, is the limiting capability of a productive unit e.g., manufacturing system or service provisioning system to produce within stated time periods. Operation is the organization function that produces and distributes products and services.
An Organization's Operations Strategy inextricably links its operations system's resources with its policies and market performance objectives, ensuring the best match (fit) of supply with demand that meet strategic objectives.
The effective capacity of the Operations System - the joint configuration of resources and processes and resulting competencies that is aligned with the competitive position the firm seeks over time can be determined through simulation experiments.
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