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19 February, 12:28

Building an organization capable of good strategy execution entails:

a. staffing the organization, building core competencies and competitive capabilities, and structuring the organization and work effort.

b. decentralizing authority for performing strategy-critical value chain activities, establishing at least two distinctive competencies, and hiring talented employees.

c. investing heavily in employee training, using an empowered organization design and organization structure in order to maximize labor productivity, and employing effective incentive compensation systems.

d. centralizing authority in the hands of a chief strategy implementer so as to create the leadership authority for driving implementation forward at a rapid pace.

e. empowering employees, maximizing internal operating efficiency, and optimizing core competencies.

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Answers (2)
  1. 19 February, 13:57
    0
    a. Staffing the organization, building core competencies, and structuring the organization and work effort

    Explanation:

    Staffing is the management function undertaken with an objective to hire right people for the most suitable job position, and keeping filled organizational positions throughout.

    A core competency refers to those unique capabilities an organization builds over time owing to innovation, creativity or efficient resource management, which yields competitive advantage to the organization. A core competency cannot be easily imitated by the rival firms and provides competitive edge to the firm who possesses it.

    Organizational structure would define the hierarchy and define reporting responsibilities of it's employees, the extent of delegation of tasks and the organizational culture.

    Thus for an organization to be capable of executing good strategy, the above three are a requisite.
  2. 19 February, 15:54
    0
    a. staffing the organization, building core competencies and competitive capabilities, and structuring the organization and work effort.

    Explanation:

    A good strategy implication includes a team effort were the manager has a strategy execution responsibility in the areas of authority and all are active participants in this process. This includes staffing the organization and building core competency and a competitiveness and other capabilities and designing's a robust structural framework for the organization as to execute the world more effervescently.
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