Strategic Management Colin White
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Transcript of Strategic Management Colin White
Lê Thị Thu Hoài:
Table of contents
Introduction.................................................3What is good management?.....................................3What is a good manager?......................................4Individual views.............................................6References...................................................7
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IntroductionStrategy within the management is one of the key pillars to
achieve success in business development, every company
needs a well-defined direction and specific objectives,
with a defined implementation plan in order to have an
orderly and profitable growth.
To become a market leader in local market as well as
international one, companies must have their own strategy
not only simply focus on the present or extrapolating what
has happened in the past, but also looks into the future.
In management field, strategy making plays an important
role in forming practising managers. Therefore, to clarify
strategic management concept, this essay will focus on two
main part: Good management and good manager with strategy
concept based on a book “Strategic Management” by Collin
White, first published 2004 by Palgrave Macmillan.
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What is good management?Firstly, “ What is good management?”. The worth thing
should mentioned is aim for a balance between stability and
flexibility. According to author, there is two types of
strategic thinking: vertical (rational) thinking which
deals with convergent problems, that has only one solution,
and lateral (intuitive) thinking which applies for
divergent problems, that has a number of possible
solutions. To be precise, in a fast – paced retail
environment like fashion, CEO should have different
promotion strategy in season, however, it’s necessary to
keep stable in oriented style to maintain their company’s
brand, customer loyalty…
Besides, good management is definitely interactive. In
fact, managers have to big picture of the company, external
and internal environment as well which has a lot of
interconnection between different aspects of business
activities and different problems. Good strategic
management integrates all the functional business
activities: finance, marketing, human resources, marketing,
information systems – and gives them coherence. In this
book, authors also emphasizes that “ the quality of a
strategy reflects the degree to which it takes account of
the strategies of other players – competitors, governments
and co-operators”.
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Additionally, good management is all about good design.
Managers should carry out a strategy is designed to fit
organizational capability with environmental opportunities.
According to Collin, strategy is regarded as a unifying
idea which link purpose and action. It means that to be
successful in market economy, CEO must design an unique
strategy which only fit with their brand, no one from their
competitors can do the similar thing. For further aim, good
design also help to develop stability. For example, IKEA’s
battle plan is “ Keep making furniture less expensive,
without making it cheap”. IKEA opened its first showroom
ten years after its foundation. Initially the growth of
IKEA was steady and gradual. IKEA has plans to accelerate
its rate of expansion and to extend its reach. Currently
IKEA is moving into Japan, however the current crisis in
Japan has created favourable conditions for such an entry,
for example a desire for low-cost furniture and furnishing.
IKEA, having learnt from its American experience, produces
a range of products suitable for the small spaces
characteristic of Japanese home.
Good management also requires a system view. It’s important
to have an orientation to the whole, rather than a focus on
just part of the whole. By this way, managers can find a
new problem as well as answer the old questions of the old
issues.
Finally, Collin White emphasizes that to have a good
management, we have focus on intent. It involves purpose –
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it is not aimless, but has a definite direction. It also
unfolds in a process of discovery or learning which takes
time to complete, if it is ever complete. It inevitably
involves some delay in the achievement of objectives, as
the journey unfolds.
What is a good manager? In this part we answer the question above taking into
account the ideas presented in Strategic Management (Colin
White) book. Accordingly we should rephrase “What is a good
manager?” by “What is a good strategic manager?”, in theory
every manager should be strategist but in order to reducing
the amplitude of the question and to focus in strategic
management concepts we are going to answer “What is a good
strategic manager?”
First of all we should clear what we understand as
strategic manager, we can easily deduce that a strategic
manager is someone who manage an organization following a
concrete strategy. Strategy is “a coordinated series of
actions which involve the deployment of resources to which
one has access for the achievement of a given purpose”
therefore strategy is a combination of human goals and the
organization of human activities to achieve those goals.
Accordingly a good strategic manager could be someone who
manages successfully human activities that are available in
his/her organization to achieve concrete goals, which has
previously established.
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Delving more into the concept of strategist manager. One of
the main skills that a manager should have is the ability
to solve problems quickly but when you are executing a
strategy two types of problems can occur: convergent
problems, those with one solution and divergent problems,
those with a number of possible solutions. Consequently a
good strategist manager should have two skills: first one,
creativity in order to fix divergent problems, taking the
best option or may be mixing different options, resulting
in a new and complete one and the second one, rationality
applied to convergent problems.
According to strategy history, world war and business are
close related, men of war were the first strategists and
today successful managers use their teachings applying them
in their business, for example the book “The Art of War”
(Sun Tzu, 1913) is considered one of the best guides to be
a good strategist, it teaches managers some lessons as: is
almost the same to manage a small group of people than a
big one, the key is the organization, it is important avoid
war with the competitors because it consume a lot of
resource, it is important to think with clarity and speed,
finally for Sun Tzu the key to successfully execute a
strategy is that team should be flexible and must be unity.
Colin White gives the example of successful strategist
manager Brian Epstein, the manager of the Beatles. He was
able to successfully execute a perfect strategy to convert
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a group of 4 guys in pop stars. He planned every aspect of
the group’s success, including a very careful creation of
an attractive and acceptable image. He taught them how to
dress, what kind of music to write and record and the right
combination of live and recorded performance, all with the
aim of creating the most powerful brand name in this
industry.
Finally I consider important to say that a strategist
manager should be a visionary, is important to know what
you want to create and define the correct strategy to
achieve what you have in mind.
Individual viewsIn the following part we answer as an individual reflection
concrete questions according our points of view. The first
paragraph of each of our responses, answer the question
“How can I become good as a manager?” the second paragraph
answer the question “How can I become good as a
subordinate”?.
Lê Thị Thu Hoài opinionIn my opinion, to become a good manager, the most important
thing is that having strong sense of purpose. That means
people must thoroughly understand what they want, why they
want to do that. Unless they have clear answers for these
question, they will have motivation to find out how they
can approach it. Besides, if managers have a good insight,
they will have ability to persuade the talent people
collaborate with them. To get it done, we should set a
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target for week, month, year and usually check the
alrternative between the current result with the old one.
Additionally, people will become a good manager when they
can believe their subordinates. By simple action such as
start the sentence with: “You can do it” or “I know you can
handle it”, “I believe you” .,, managers can give
motivation for their staffs to help them finish work with
high fly colours.
To become a good subordinate, the worth thing should be
mentioned is that you must to set a long term learning
process. The world is changing every minute. It’s necessary
for people to take advantage of technology age and update
the huge knowledge everyday. By this way people can enjoy
their work, then they are willing to set their personal
goal fit with company’s mission. From then on, commitment
would be formed. Besides, good subordinate can have ability
to work in detail by obrseving everything carefully and
have habit to take note key points. It’s also important to
remember that leadership is required criteria. If people
can lead themselves to do task in time, follow schedule,…
they will work effectivelly.
Jesús Longás opinionFor me the main important aptitude that a good manager
should have is learn to obey, is impossible to know how to
command if you have never obeyed. If you become a manager
with out this aptitude your organization probably do not
work, is quite possibly that you do not be aware what you
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demand to your organization, and your employees will feel
misunderstood and led by someone who has not leadership.
Also is important to have the capacity to listen what your
employees suggest, promote good communication inside the
company, be pragmatic and have clear ideas. Of course is
important to have a complete education and the ability to
find solutions where other sees problems.
To become a good subordinate you have to be aware of what
is your job, it is important that your manager define what
is your task within the organization. Once you know your
work you have to have commitment and responsibility, do
your best and always give the best of yourself, have
ability to listen and give feedbacks to your colleagues,
be able to give new ideas to your boss and transmit your
perception of the organization, is important for managers
listen different points of views of the organization. The
most important thing is to not be a problem for your boss
or the organization, is important to find solutions, even
when these solutions can hurt you. Ultimately to become a
good subordinate you should have skills related with
emotional intelligence as motivation, empathy, self-
control, sociability…etc. And no less important is to have
a good manager (boss).
References
Sun Tzu. (1913). The art of war.
White, C. (2004). Strategic management. Basingstoke, Hampshire: Palgrave Macmillan.
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