Three Key Actions
Staffing
the Organization
Putting together a strong Management Team
Recruiting, Training, & Retaining Capable Employees.
Acquiring,
Developing, and Strengthening Key Resources & Capabilities
·
Developing a set of
resources and capabilities suited to the current strategy.
·
Updating resources and
capabilities as external conditions and the firm’s strategy change.
·
Training and retraining
company personnel to maintain knowledge-based and skills-based capabilities.
Structuring
the Organization and Work Effect
·
Instituting organizational
arrangements that facilitate good strategy execution.
·
Establishing lines of
authority and reporting relationships.
·
Deciding how much decision-making
authority to delegate.
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