Leadership andStrategic Changes

Jessie HackneyMGMT 410

Essentials of LeadershipJuly 10, 2011

Overview• Planning for strategic change

Identify the purpose Establish a vision Statement Select goals Identify approaches or strategies Identify action plans to implement each strategy Compile the mission, vision, strategies and action plans into a

strategic plan document. Monitor implementation of the Plan and update the Plan as

Needed• Great Change Leaders

Planning for Strategic Change

• Strategic change takes planning• There are multiple ways to plan for strategic

change• The following slides describe one way to

plan and implement change

Identify the Purpose

• Strategic planning should be done when: An organization is getting started In preparation for a new major venture Competition is rising Preparing for the future

undefined. (May 9, 2005). All about strategic planning. In Free management library. Retrieved July 4, 2011, from http://managementhelp.org/strategicplanning/index.htm#anchor4293716937.

Establish a vision Statement

• A vision statement is the inspiration and the framework for all of your strategic planning.

• Examples: Boeing: People working together as one global enterprise for

aerospace leadership Anheuser-Busch: Be the world's beer company. Through all of

our products, services and relationships, we will add to life's enjoyment.

José Luis Romero . (December 18, 2009). Sample Vision Statement. In Skills2Lead. Retrieved July 5, 2011, from http://www.skills2lead.com/sample-vision-statements.html.

Select goals

• General statements about what you need to accomplish to meet your purpose, or mission, and address major issues facing the organization.

Identify approaches or strategies

• Strategies often change the most• Closely examine the external and internal

environments of an organization

Identify action plans to implement each strategy

• Specific activities or objectives that each department must undertake

• Objectives should be clearly worded• Top management usually develops

committees that each have a work plan

Compile the mission, vision, strategies and action plans into a

strategic plan document.• The strategic plan document is the final decisions

applied to a document• The upper management or leader is to finalize and

approve the document.

Monitor implementation of the Plan and update the Plan as Needed

• Monitor that goals are being met• Success is measured by customer feedback

Bill Birnbaum. (). Monitoring Implementationof Your Strategic Plan. In Business Strategies Website. Retrieved July 7, 2011, from

http://www.birnbaumassociates.com/monitoring.htm.

Great Change Leaders

• Jack Welch and Steve Jobs Always looking for the next thing Make difficult drastic changes when needed To be successful, you must lead the industry

in a direction, not follow

Keli Hite McGee . (Jul 09, 2011). Jack Welch, Steve Jobs teach us how to lead with passionRead more: Fairbanks Daily News-

Miner - Jack Welch Steve Jobs teach us how to lead with passion . In Newsminer. Retrieved July 7, 2011, from http://newsminer.com/bookmark/14654240-Jack-Welch-Steve-Jobs-teach-us-how-to-lead-with-passion.

Steve Jobs talking about Change

• Youtube Clip

Straight from the Gut

• This book contains the words of the most famous change leader

Summary

• Great change leaders make difficult drastic changes.

• Strategic change is a process that has been proven to benefit companies.

Works CitedBill Birnbaum. (). Monitoring Implementationof Your Strategic Plan. In Business Strategies Website. Retrieved July 7, 2011, from http://www.birnbaumassociates.com/monitoring.htm.

José Luis Romero . (December 18, 2009). Sample Vision Statement. In Skills2Lead. Retrieved July 5, 2011, from http://www.skills2lead.com/sample-vision-statements.html.

Keli Hite McGee . (Jul 09, 2011). Jack Welch, Steve Jobs teach us how to lead with passionRead more: Fairbanks Daily News-Miner - Jack Welch Steve Jobs teach us how to lead with passion . In Newsminer. Retrieved July 7, 2011, from http://newsminer.com/bookmark/14654240-Jack-Welch-Steve-Jobs-teach-us-how-to-lead-with-passion.

undefined. (May 9, 2005). All about strategic planning. In Free management library. Retrieved July 4, 2011, from http://managementhelp.org/strategicplanning/index.htm#anchor4293716937.