The importance of a strategic management office - Nae
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It must always be positioned at a high level within the organizational chart, close to executive management. The task of this office is to connect the strategy ... RestoreChoosethetagsthatbestdefineyou:Wedaretogobeyond×Wedonotbelieveinuniformity.Ouridentityisthebiggestproofofourcommitmenttoour“Daretogobeyond.”Anidentityshapedbythepersonalityofwhousesitandforwhom.Choosethetagthatbestdefinesyouandexperienceawebsitetailoredtoyourpersonality.SelectArticleTheimportanceofastrategicmanagementofficeByPauBlasi—March5,2015Operating—andsurviving—withoutastrategyisaluxurythatfewcanaffordInthecorporateworld,nearlyeveryonehasageneralidea—althoughnotalwaysaccurate—ofwhatastrategymeans.Asmallnumberofexecutivescreateastrategicplanatsomepointintheirprofessionalcareer,andevenfewerreviewtheplanuponexecutingitinordertoverifywhethertheproposedobjectiveshavebeenreached.Anumberofobstaclesariseintheimplementationofastrategicplaninacompany.Someconsideritaluxurybecausetheyalreadyhaveenoughontheirplatesastheyputoutthefiresthatappearonaday-to-daybasis.However,theoppositeistrue:Operating—andsurviving—withouttheguidanceofastrategyisaluxurythatfewcanafford.Otherspreparestrategicplans,butneverobtainthedesiredresults.Thiscanbeduetoaresistancetochangeonbehalfofemployeesondifferentlevelswithintheorganizationalchart,oranincorrectconceptofwhatthestrategyisandhowitshouldbeimplementedinthecompany.Whatisastrategy?Itisastructuredstatementofspecificobjectives.Thisstatementisderivedfromthecompany’svision,butitgoesastepfurther.Astrategymustfulfilltheseconditions:Itmustbeconcrete:Detailed,quantified,andwithaveryprecisedefinitionItmustbewell-structured:Alltheobjectivesmustbeinterrelated,anditmustcontaintheorganization’svisionandvaluesItmustbecomplete:ItshouldnotomitanyessentialareasofthecompanyItmustbeshared:ItmustbeknownandunequivocallyunderstoodbytheentireteamHowever,evenwithawell-designedstrategy,averycommonerroristoimplementitincorrectly.Thisiswherethestrategicmanagementofficecomesin.Itconsistsofateam,notnecessarilybig,thatisledbyastrongperson(usuallyfromthefinancedepartment),withmembersfromthecompany’sotherfunctionalandbusinessareas.Itmustalwaysbepositionedatahighlevelwithintheorganizationalchart,closetoexecutivemanagement.Thetaskofthisofficeistoconnectthestrategywithoperationsbytranslatingtheobjectivesoftheplanintospecifictasksandprocesses.Thedutiesofthestrategicmanagementofficeare:TocoordinatetheprocessofdevelopingandreviewingthestrategyTotranslateitintoobjectives,goals,andprojectsToinformtheentirecompanyofitThedigitalrevolutionhaschangedtheparadigm,andthischangewillcontinuetoaccentuateitselfintheupcomingyearsAfewyearsago,strategicplansweredefinedforfive-yearperiods.Thisshiftedtothreeyears,andtherearecurrentlyevenshortertimeframes.Thismeansthatannualorquarterlyreviewsarenowdonemonthly.Itishighlyrecommendedformanagementteamstospendatleastonehoureachmonthinmeetingsaimedatdiscussingandupdatingthestrategy.Themorethebetter.Thisaccelerationoccursinparalleltotheaccelerationoftechnologicalinnovations.Newtechnologiesareincreasinglyaffectingtheoperationalaspectsofcompanies.Notonlyaretheyopeningnewmarkets,buttheyarealsoalteringinternalprocessessuchasworkmethods(workingremotely,usingelectronicdevices,paperconsumption,storingandprocessinginformation,etc.)andrelationshipswithproviders.Thedigitalrevolutionhaschangedtheparadigm,andthischangewillcontinuetoaccentuateitselfintheupcomingyears.Shiftingfromatraditionalfocustoastrategiconeinvolvesovercomingcertainresistanceandrequiresin-depthknowledgeofthenewenvironment.Nae,whichislocatedatthejunctionbetweentechnologicaldevelopment,thepracticalapplicationofthistechnology,andthebusinessworld,hasaprivilegedpositionthatallowsittohelpcompaniesguidethistransformation.RelatedservicesTechnologyITJordiMeyaTechnologyBusinessUnitdirectorContactStudycasesProofofconcept:machinelearninginthefightagainstbankfraudReadcasestudyCasestudy:intelligentmeasurementofuserexperienceReadcasestudyEnterprisegamificationsuccessstoriesReadcasestudySubscribetoournewsletterOurmonthlynewsletter.Iwanttosubscribe
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