Wednesday, May 23, 2007

MBA 755 – Reflections on Module 3 Concepts.

MBA 755 – Reflections on Module 3 Concepts.

How could you use a Renewal Options diagram to better support the mission of your present organization?

Based on doing my 3-1 paper on my organization, there are several renewal options that AMP does not explore. They do use several renewal strategies, but most or simplistic - but effective. The most important renewal strategy was going into global markets with strategic positioning and the last one being the most profitable - China. If AMP had not approached this strategy in different market years before - I wonder if the planning, implementation, and execution, which has lead to record profits and growth, would have occurred in this incident???

When thinking about your own organization, which renewal choices seem to the most relevant?

I have been at AMP for 10 years. When I started the main mode of renewal was through using the enhancement strategy and somewhat the Invigorating strategy. They had just started embracing the Reframing Strategy and this has been the predominate strategy that has been used in the past 5 years. Taking the products of mature and declining markets and positioning them into new markets which are in need of the quality and service (customer are needy for these services and being unmet) - using these core competencies as a differentiation and competitive advantage against the current market suppliers.

Note to our market - This strategy can also be used against AMP by new entrants in their current markets.

What factors define a realistic renewal choice for you?

This largely depends on your current market and companies size and presence in the global market. If the management style is open - exploring the workforces ideas, etc, and great at execution - then the factors that define renewal can be more believable.

To explain - the most simplistic approach is the enhancement strategy. This is basically about developing the customer-sales-R&T-operations-shipment channels. As simple and critical (yes all about accountability and execution) many managers, departments, and companies struggle to make this simple. If they can not make this happen with ease - how can they ever enter into more complex strategies that require better communication, accountability, implementation, and execution of what needs to happen. All of the silos need to work together and become horizontally integrated into one execution machine.

So factors that define renewal in most companies are defined by the few people and departments that can execute - serving as the anchor for the strategy. Most manager - including upper management - discount that success comes from the few - many of the ones taking credit for success usually had little to do with it and may have been the road blocks that the strong overcame. The people who execute are typically busy doing such and not bragging to top management - so maybe they should!!

What could be the best way or ways to communicate renewal options to organizational leaders so that they are really heard? The best way is to have a top management structure that is not in denial and regularly interacts with all levels of leadership - bottom up - and not just their VPs. Being allowed to be sheltered and not fully involved allowed them to enter into deep denial and also not recognize emerging issues. Renewal options may also occur at lower ranks that will be discounted by controlling and autocratic immediate supervisors. All levels of management and supervision need to be accountable and responsible for mentoring and coaching renewal options and strategies within their groups. Additionally, they need to fully accountable for corresponding and developing interdepartmental teams.

The most risky and the most rewarding strategy, transformational, will always avoid most companies due to ignoring the talent right below their noses due to egos and prejudices of education levels and company title/stature. Top managers that stop avoiding the confrontation of open communication among all titles and ranks will be rewarded above those that hide behind the denial of delegation.


What practical uses do you see for situational analysis in your life?

I guess the best thing to do is to not be in denial and listen to many different perspectives as well as approaches. Once all sides and "market" knowledge has been accessed - sculpt a strategies or strategies that attack your needs. It basically comes down to stop talking and start doing. Only way to make it happen is to act and that is execution. Nothing happens if you only talk and plan about how to - must know how and do it.

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