Professional Documents
Culture Documents
1. **Resource Identification:**
- Tangible resources (physical assets like machinery, facilities).
- Intangible resources (intellectual property, brand reputation).
2. **Capabilities:**
- Core competencies developed from combining resources
(efficient production processes, innovative product development).
3. **Competitive Advantage:**
- The effective deployment of resources and capabilities leads
to a sustainable competitive advantage.
- **Resources:**
- Tangible: Manufacturing facilities, retail stores.
- Intangible: Brand (strong global recognition), intellectual
property (patents).
- **Capabilities:**
- Design and innovation (ability to create aesthetically pleasing
and cutting-edge products).
- Supply chain management (efficient production and
distribution).
- **Competitive Advantage:**
- Apple's strategic success is built on combining its design
capabilities with its strong brand and global supply chain, creating
products that stand out in the market.
2. **Monitor Performance:**
- Regularly track and monitor the actual performance against
the established standards. This involves gathering data on key
metrics and assessing whether the organization is on track to
achieve its strategic objectives.
8. **Continuous Monitoring:**
- Establish a system for continuous monitoring and control.
Strategic control is an ongoing process, and regular reviews
ensure that the organization remains agile and responsive to
changes in its internal and external environment.
3. **Data Collection:**
- Implement a robust data collection system to gather relevant
information. This could involve:
- Academic records and assessment results.
- Student feedback through surveys.
- Faculty performance reviews and development plans.
4. **Regular Assessments:**
- Conduct regular assessments throughout the academic year
to track progress. This ensures that any issues can be identified
and addressed promptly.
5. **360-Degree Feedback:**
- Incorporate feedback from various stakeholders, including
students, parents, faculty, and staff. This provides a holistic view
of the school's performance.
6. **Benchmarking:**
- Compare the school's performance against industry
benchmarks or similar institutions. This helps identify areas where
improvements can be made.
7. **Technology Integration:**
- Use technology to streamline data collection and analysis.
Student information systems, learning management systems, and
survey tools can aid in efficient evaluation processes.
**Tangible Resources:**
- **Definition:** Tangible resources are physical assets that can
be quantified and measured.
- **Examples:** Buildings, machinery, inventory, cash, equipment.
**Intangible Resources:**
- **Definition:** Intangible resources are non-physical assets that
are valuable but cannot be touched or measured in a concrete
manner.
- **Examples:** Intellectual property (patents, trademarks), brand
reputation, organizational culture, knowledge capital.
1. **Intangible Resources:**
- **Intellectual Property:** Patents, trademarks, and copyrights
can provide a competitive advantage by protecting unique ideas
or products.
- **Brand Reputation:** A strong and positive brand image
enhances customer loyalty and trust, contributing significantly to
long-term success.
- **Organizational Culture:** A positive and adaptive culture can
improve employee morale, productivity, and innovation.
2. **Tangible Resources:**
- **Financial Capital:** Adequate financial resources are
essential for day-to-day operations, expansion, and investment in
other resources.
- **Technological Infrastructure:** Up-to-date machinery and
technology enable efficient production and service delivery.
- **Physical Assets:** Facilities and equipment play a vital role
in the operational capabilities of an organization.
1. **Rigidity:**
- A rigid organizational structure may resist changes required for
implementing new strategies. Hierarchical and bureaucratic
structures, in particular, can impede the flexibility needed to adapt
to dynamic business environments.
2. **Communication Barriers:**
- In complex or hierarchical structures, communication may be
hindered as information passes through multiple levels. This can
lead to delays, misunderstandings, and a lack of clarity about the
strategic objectives.
3. **Departmental Silos:**
- Functional or departmental silos can emerge, where different
units operate independently with limited collaboration. This lack of
cross-functional communication and cooperation can undermine
the alignment of activities with the overall strategy.
4. **Resistance to Change:**
- Established organizational structures may foster resistance to
change, as employees and managers may be accustomed to
existing roles and processes. This resistance can impede the
adoption of new strategies and initiatives.
5. **Lack of Accountability:**
- Ambiguous lines of authority and responsibility may lead to a
lack of accountability for strategic outcomes. When roles and
responsibilities are unclear, it becomes challenging to ensure that
individuals or teams are held responsible for achieving strategic
goals.
6. **Slow Decision-Making:**
- Hierarchical structures often involve a multi-layered decision-
making process. This can result in slow response times, hindering
the organization's ability to adapt quickly to changes in the
external environment or implement time-sensitive strategies.
7. **Cultural Misalignment:**
- If the organizational culture is not aligned with the strategic
goals, it can impede successful implementation. A culture that
resists innovation or risk-taking may hinder efforts to pursue new
strategic initiatives.
8. **Resource Allocation Challenges:**
- In certain structures, resources may be allocated based on
traditional departmental priorities rather than strategic objectives.
This misalignment can limit the organization's ability to invest in
critical areas needed for successful strategy execution.
9. **Complexity:**
- Overly complex organizational structures with numerous layers
and reporting lines can lead to confusion and inefficiencies. This
complexity can make it difficult for employees to understand the
strategic direction and their roles in achieving it.