Abstract
In Chapter 1 of this book, we discussed the process of strategic planning and the role of the individual. The dialogue in Chapter 2 examined the methods available to develop strategic thinking within an organization from small venture to large transnational corporations. The essence of this chapter is to combine these two concepts into a variety of approaches to make the new strategy process a reality, simply by making it actionable. Many individuals become frustrated by the topic of action and strategy; this is especially true when just after attending a seminar on the subject they find themselves at the office on the following day unable to apply the principles of strategy within their organization. This raises important questions on how an organization gets started developing a process for strategy? What are the means to implement it? How to establish measures to understand its effectivity? Corporations large and small must create a strategic action agenda which simply ranks and rates the strategic intentions of their business units relative to the goals and objectives of the total corporation.
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Notes
H. Mintzberg, ‘The Strategy Process: Five Ps for Strategy’, D. Faulkner and M. De Rond (eds), Cooperative Strategies: Economics, Business and Organizational Issues, Oxford: Oxford University Press, 2000, pp. 13–19.
Taïeb Hafsi, ‘Fundamental Dynamics in Complex Organizational Change: A Longitudinal Inquiry into Hydro-Québec’s Management’, Long Range Planning, October 2001, 34(5), p. 579.
J. DiVanna, Thinking Beyond Technology: Creating New Value in Business, Basingstoke: Palgrave-Macmillan, 2003, p. 19.
M. Cowley and E. Domb, Beyond Strategic Vision: Effective Corporate Action with Hoshin Planning, Oxford: Butterworth-Heinemann, 1997, p. 9.
Hoshin Kanri or Hoshin Planning is also known as management by policy or policy deployment. See Y. Akao (ed.), Hoshin Kanri: Policy Deployment for Successful TQM, Productivity Press, 1991, p. 3.
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© 2004 Joseph A. DiVanna and François Austin
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DiVanna, J., Austin, F. (2004). Moving the Strategic Agenda into Actionable Initiatives. In: DiVanna, J., Austin, F. (eds) Strategic Thinking in Tactical Times. Corporations in the Global Economy. Palgrave Macmillan, London. https://doi.org/10.1057/9780230006089_4
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DOI: https://doi.org/10.1057/9780230006089_4
Publisher Name: Palgrave Macmillan, London
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