STRATEGIC STRATEGIC MANAGEMENT: Impact MANAGEMENT: Impact on Organizational on Organizational Growth & DevelopmentGrowth & Development

STRATEGIC STRATEGIC MANAGEMENT: Impact MANAGEMENT: Impact on Organizational on Organizational Growth & DevelopmentGrowth & Development

ccontacts: 07043834200, 08038032329, ontacts: 07043834200, 08038032329, abdwasiu_ayoola@yahoo.comabdwasiu_ayoola@yahoo.comccontacts: 07043834200, 08038032329, ontacts: 07043834200, 08038032329, abdwasiu_ayoola@yahoo.comabdwasiu_ayoola@yahoo.com

AIMS AND OBJECTIVES

At the end of this presentation, you should be able to:

Understand Strategic Management Practice as an instrument of change;

Know a model for strategic performance; and Have insight into the practical approach to

Strategic Evaluation – Using MSSN- UNILAG as a case study.

Meaning of Strategic Mgt (for practice).

Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives. (David, 2013).

Strategic management is a strategic design for how a company intends to profit from its strategies, work processes, and work activities. (Robins and Coulter, 2007).

Strategic management is the process of managing the pursuit of organizational mission while managing the relationship of the organization to its environment. (Higgins, 2013).

Lastly, according to Prof. MBA (2014)

“The professional application of strategic processes, principles and models in understanding, planning and implementing organisation strategies, genetic codes and excellence models, aimed at achieving designed strategic performance outcome”.

In essence, all our Dawah approaches and efforts should be driven by and aimed at achieving Strategic Performance Outcome.

Strategic Performance Outcome (Model at a glance)

Model for Strategic Results

Allah emphasizes 3 powers of the world and we would be accountable for misuse –Economic Power (Qarun), Political Power (Pharaoh), Military Power (Haman) ..Q29:39.

( Remember also ), , : Qarun Pharaoh and Haman there came to them Moses with , / ; Clear Signs but They behaved with insolence arrogant on the earth yet They

) ( - could not overreach Us escape our punishment.” Q4:5 Don’t allow your wealth to be managed by misfit ﴿ م0 ق2وه2 ز2 ار0 و9 ما; يـ9 ق@ ل9ك2م0 اللDه2 ع9ل9 ج9 الDت@ى ل9ك2م2 و9 م0

أ9 آء9 ه9 ف9 Qالس ت2وا0 ت2ؤ0 و9ال9 You can only get what you strive for ﴿ ع�ى �س م�ا # %ال إ ـن% �%نس %إل ل �.س #ي ل ن

� و�أ

Islamic Justifications for all these as Muslims

Strategic Management Processes (Acombination of three main processes)

Strategy formulation Performing a situation analysis, self-evaluation and competitor analysis: both

internal and external; both micro-environmental and macro-environmental. Concurrent with this assessment, objectives are set. These objectives should be

parallel to a timeline; some are in the short-term and others on the long-term. This involves crafting vision statements (long term view of a possible future), mission statements (the role that the organization gives itself in society), overall corporate objectives (both financial and strategic), strategic business unit objectives (both financial and strategic), and tactical objectives.

These objectives should, in the light of the situation analysis, suggest a strategic plan. The plan provides the details of how to achieve these objectives.

In a nutshell, This three-step strategy formulation/formation process is sometimes referred to as determining where you are now, determining where you want to go, and then determining how to get there.

Strategy Implementation

Allocation and management of sufficient resources (financial, personnel, time, technology support)

Establishing a chain of command or some alternative structure (such as cross functional teams)

Assigning responsibility of specific tasks or processes to specific individuals or groups

It also involves managing the process. This includes monitoring results, comparing to benchmarks and best practices, evaluating the efficacy and efficiency of the process, controlling for variances, and making adjustments to the process as necessary.

When implementing specific programs, this involves acquiring the requisite resources, developing the process, training, process testing, documentation, and integration with (and/or conversion from) legacy processes.

Strategic Evaluation & Control

Measuring the effectiveness of the organizational strategy. It is extremely important to conduct a SWOT analysis to figure out the strengths, weaknesses, opportunities and threats (both internal and external) of the entity in question. This may require to take certain precautionary measures or even to change the entire strategy.

The provision of a framework for the review of plan execution and control of activities measuring actual performance against the planned change/actions.

SM contributions to Growth and

Development of an Organization Creative/perfect match btw the changing internal organizational

conditions of the org. and its external environmental variables – Realignment of the firm’s objectives and strategies to the changing conditions in the operating environment and the org.

Identification and exploitation of future opportunities. Provides a practical/an objective view of understanding the

management/organizational problems. Allows for more effective allocation of time and resources to identified

opportunities. Effective co-ordination of the execution of actions, strategies and

tactics of the plan

Cont. on contributions to Growth and Development of an Organization

Minimization of effects of adverse conditions on the org. as it provides effective framework for strategy formulation, implementation and evaluation.

Allows for the identification of priorities within the timing of the plan and ensure major decisions are related to the established objectives.

Foster internal communication between personnel, as it integrates the behaviour of individuals in the organization toward forward thinking into a total effort (team work).

Other benefits…

Stimulates a co-operative, integrated and enthusiastic approach to tackling problems and opportunities and encourages a favourable attitude to change.

Other Non- financial Benefits of Strategic Management. Increased employee productivity . Improved understanding of competitors’ strategies . Greater awareness of external threats . Understanding of performance reward relationships . Better problem-avoidance . Lesser resistance to change

When all these happen, then we can gladly say that an organization is experiencing concurrent growth and development.

Truly, an organization can experience growth – increase in size and scope yet may not develop.

This is because there may be growth but may not be genuinely translated into meaningful development in its overall activities, quality performance outcome and quality development of its people.

It is UNTIL and UNLESS we experience SYNERGY in all these then we can boast of growth and development.

Meanwhile, some of our actions/inactions may hamper SM contributions to growth and development of the organization.

Reasons why strategic plans fail

There are many reasons why strategic plans fail, especially: Failure to understand our target audience/people

Why do/don’t they want to align with us Is there a real need for the product/social service inadequate or incorrect marketing research/SWOT Analysis

Inability to predict environmental reactions What will competitors (other societies/groups) do

Fighting brands Price wars –their offerings

Will government/authorities intervene, why, when and how?

Cont…

Over-estimation of resource competence Can the staff, equipment, and processes handle the new strategy Failure to develop new employee and management skills

Failure to coordinate Reporting and control relationships not adequate Organizational structure not flexible enough

Failure to obtain senior management commitment Failure to get management involved right from the start Failure to obtain sufficient company resources to accomplish task

Failure to obtain employee commitment New strategy not well explained to employees No incentives given to workers to embrace the new strategy

Cont…

Under-estimation of time requirements No critical path analysis done

Failure to follow the plan No follow through after initial planning No tracking of progress against plan No consequences for above

Failure to manage change Inadequate understanding of the internal resistance to change Lack of vision on the relationships between processes, technology and

organization Poor communications

Insufficient information sharing among stakeholders Exclusion of stakeholders and delegates

Strategy Evaluation

Parting shot…Remember a journey of a thousand miles begins with the right step

Habit

20

A change of habit will really help. Listen to what habit says…I am completely at your command.Half the things you do, you might just as well turn over to me,and I will be able to do them quickly and correctly.I am easily managed; you must merely be firm with me.Show me exactly how you want something done, and after a few lessons I will do it automatically.

I am the servant of all great men.And, alas, of all failures as well.Those who are great, I have made great.Those who are failures, I have made failures.I am not a machine, though I work with all the precision of a machine.Plus, the intelligence of a man.You may run me for profit, or run me for ruin; it makes no difference to me.Take me, train me, be firm with me and I will put the world at your feet.Be easy with me, and I will destroy you.Who am I?

I am a HABIT! Author: Unknown

IDEAL ISLAMIC PERSONALITY

One of the renowned Muslim scholars of our time Imam Hassan al Banna stated that the first thing that the Muslim should be concerned with is the reform of herself or himself. Thereafter he listed 10 things a Muslim should strive to attain.

1. A strong body

2. Good character

3. Cultured thought.

4. He should be able to earn a living.

5. Have pure belief.

6. Correct worship.

7. He should be able to control his desires.

8. Be careful about his time.

9. Organized in his affairs, and

10.Beneficial to those around him.

The Ideal Muslim Personality 1/4

21

Pathing Shot

We should strive to be excellent in everything we do. Remember the hadith

�ق�ال �#م ل �و�س .ه% �ي ع�ل #ه9 الل ص�ل#ى #ه% الل س9ول% �ر ع�ن. 9ه9م�ا ح�ف%ظ.ت �ان% .ت %ن ث �ق�ال Fو.س� أ .ن% ب د#اد% �ان9 ش س9 @ح0 اإل0 ك9ت9ب9 اللDه9 Dإ@ن

د2ك2م0 أ9ح9 Dد ل0ي2ح@ و9 الذDب0ح9 ن2وا س@ أ9ح0 ف9 ت2م0 ذ9ب9ح0 @ذ9ا إ و9 ت0ل9ة9 ال0ق@ ن2وا س@ أ9ح0 ف9 ت9ل0ت2م0 ق9 إ@ذ9ا ف9 hء ي0 ش9 kك2ل ع9ل9ىت9ه2 ذ9ب@يح9 ل0ي2ر@ح0 ف9 ت9ه2 ر9 ف0 ش9

وتحديد  1955 والقتل الذبح بإحسان األمر باب الحيوان من يؤكل وما والذبائح الصيد كتاب مسلم صحيحالشفرة

Shadid ibn Aws reported: I remember two things the Messenger of Allah, peace and blessings be upon him, said, “Verily, Allah has prescribed excellence in everything, so if you kill then kill in the best manner, and if you slaughter then slaughter in the best manner. Let one of you sharpen his knife so his animal feels no pain.”

The way to change is to replace our bad habits with this noble ones (the right

CHARACTER to be GREAT in FUTURE).

Summary and Conclusion

22

Finally, in all you do you must put Allah first, in the middle and at the end ( 3 Ms

principles)

Thank You for Your Attention