Page 130 - DEDU503_EDUCATIONAL_MANAGEMENT_ENGLISH
P. 130

Educational Management


                   Notes          10.1 Meaning of Implementing

                                  Implementing means to workout a plan practically by some means. Strategy implementation is the
                                  translation of chosen strategy into organizational action so as to achieve strategic goals and
                                  objectives. Strategy implementation is also defined as the manner in which an organization should
                                  develop, utilize, and amalgamate organizational structure, control systems, and culture to follow
                                  strategies that lead to competitive advantage and a better performance. Organizational structure
                                  allocates special value developing tasks and roles to the employees and states how these tasks and
                                  roles can be correlated so as maximize efficiency, quality, and customer satisfaction-the pillars of
                                  competitive advantage. But, organizational structure is not sufficient in itself to motivate the
                                  employees.

                                  10.2 Process of Implementing

                                  An organizational control system is also required. This control system equips managers with
                                  motivational incentives for employees as well as feedback on employees and organizational
                                  performance. Organizational culture refers to the specialized collection of values, attitudes, norms
                                  and beliefs shared by organizational members and groups.
                                  Following are the main steps in implementing a strategy :
                                  •  Developing an organization having potential of carrying out strategy successfully.
                                  •  Disbursement of abundant resources to strategy-essential activities.
                                  •  Creating strategy-encouraging policies.
                                  •  Employing best policies and programs for constant improvement.
                                  •  Linking reward structure to accomplishment of results.
                                  •  Making use of strategic leadership.
                                  Excellently formulated strategies will fail if they are not properly implemented. Also, it is essential
                                  to note that strategy implementation is not possible unless there is stability between strategy and
                                  each organizational dimension such as organizational structure, reward structure, resource-allocation
                                  process, etc.
                                  Strategy implementation poses a threat to many managers and employees in an organization. New
                                  power relationships are predicted and achieved. New groups (formal as well as informal) are formed
                                  whose values, attitudes, beliefs and concerns may not be known. With the change in power and
                                  status roles, the managers and employees may employ confrontation behaviour.
                                  Decision-making is a process of selection from a set of alternative courses of action, which is thought
                                  to fulfill the objectives of the decision problem more satisfactorily than others. It is a course of
                                  action, which is consciously chosen for achieving a desired result. A decision is a process that takes
                                  place prior to the actual performance of a course of action that has been chosen. In terms of managerial
                                  decision-making, it is an act of choice, wherein a manager selects a particular course of action from
                                  the available alternatives in a given situation. Managerial decision making process involves
                                  establishing of goals, defining tasks, searching for alternatives and developing plans in order to
                                  find the best answer of the decision problem. The essential elements in a decision making process
                                  include the following :
                                  1.  The decision maker,
                                  2.  The decision problem,
                                  3.  The environment in which the decision is to be made,
                                  4.  The objectives of the decision maker,
                                  5.  The alternative courses of action,



        124                                LOVELY PROFESSIONAL UNIVERSITY
   125   126   127   128   129   130   131   132   133   134   135