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    Operationalizing Strategy

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    बिक्रम नेपाली
    This document discusses operationalizing strategy through resource allocation. It outlines methods for resource allocation, factors affecting allocation, and managing conflicts that can arise from competing resource demands. Strategic management enables consistent allocation according to priorities.

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    Operationalizing Strategy

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    बिक्रम नेपाली
    74 views6 pages
    This document discusses operationalizing strategy through resource allocation. It outlines methods for resource allocation, factors affecting allocation, and managing conflicts that can arise from competing resource demands. Strategic management enables consistent allocation according to priorities.

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    This document discusses operationalizing strategy through resource allocation. It outlines methods for resource allocation, factors affecting allocation, and managing conflicts that can arise from competing resource demands. Strategic management enables consistent allocation according to priorities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    74 views6 pages

    Operationalizing Strategy

    Uploaded by

    बिक्रम नेपाली
    This document discusses operationalizing strategy through resource allocation. It outlines methods for resource allocation, factors affecting allocation, and managing conflicts that can arise from competing resource demands. Strategic management enables consistent allocation according to priorities.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    UNIT-4

    OPERATIONALIZING STRATEGY

    RESOURCE ALLOCATION

    Is a central management activity that allows for strategy


    execution.
    Resource allocation deals with procurement, collection
    and distribution to different SBU and operational unit.
    Consistent allocation with priorities ensures
    organizational success.
    All organizations have at least four types of resources
    that can be used to achieve desired objectives; financial
    resources, physical resources, human resources and
    technological resources.
    Strategic management enables resources to be
    allocated according to priorities established by annual
    objectives.

    Methods for Resources


    Allocation

    Capital budgeting
    BCG matrix based budgeting
    Zero base budgeting
    Strategic Budgeting
    Program Budgeting
    Product life cycle based budgeting

    Factors affecting resource


    allocations

    Objectives
    Managerial preferences
    Internal politics
    External influence

    Management of
    Conflicts

    a disagreement between two or more parties


    on one or more issues.
    Independency of objectives and competition
    for limited resources often leads to conflict.
    Conflict management includes skillful
    encouragement and handling of constructive
    conflict on one hand and resolving or limiting
    dysfunctional conflict on the other hand.
    Constructive conflict is desirable but
    destructive conflict must be avoided.

    Strategies, techniques or
    mechanisms to handling conflict

    Avoidance
    Defusing or Compromising
    Confrontation

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