Page 15 - MS Year in Review 2020

 Development of management systems required for the overall functioning

of the organization on a long-term basis. The four key management systems
are strategic planning, organizational structure, management/leadership
development, and performance management systems.

 Development and effective management of the organization’s culture –

that is, the organization’s values, beliefs, and norms that influence the
behavior of people in the company.

In their book “Growing Pains: Building Sustainably Effective Organizations”, Eric

Flamholtz and Yvonne Randle suggests seven generic questions, that must be
addressed by all organizations :
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1. What business are we in?

2. What are our competitive strengths and limitations?
3. Do we have or can we develop a true market niche?
4. What do we want to become in the long term?

5. What is our strategy for competing effectively in our chosen markets and for
achieving our long-term mission?
6. What are the critical factors that will make us successful or unsuccessful in

achieving our long-term mission?
7. What goals shall we set to improve our competitive effectiveness and

organizational capabilities in each of these critical success areas?

USE OF PYRAMID ANALYSIS IN STRATEGIC

PLANNING FOR COVID-19

Effective strategic planning depends upon the time horizon for the planning process

and the plans developed. Unfortunately, the nature of the Covid-19 Virus and the
life cycle are currently indeterminate. Accordingly, the optimum approach for

5 Eric G. Flamholtz. Growing Pains: Building Sustainably Successful Organizations (Kindle Locations
3035-3040). Kindle Edition

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