ALIGNING STRATEGY IMPLEMENTATION & CAREER Course Instructor: Prof. Ranjan Das 1. Course Objectives • Help students develop an appreciation of certain specific types of strategy – such as consolidation, turnaround, growth and internationalization - that are periodically pursued by an organization as its business context changes • Help students understand the critical challenges faced in implementing strategies mentioned above and why managing the underlying strategic changes are key to success • Assist students in understanding how one’s power, influence and persuasion skills are essential for successful implementation of any new strategic direction including management of strategic changes that are integral to the same • Make the students understand how legitimate use of power and ethical approach to using influence and persuasion have high possibility to deliver favourable outcomes in the medium to long term • Offer students practical insights on use of power, influence and persuasion and why the same are needed for boosting their managerial career 2. Evaluation Components • Group exercise in the class: 30% • Presentations of concepts and practices: 20% • Project: 20% • End term examinations: 30% 3. Session wise contents Session Number 1 Reading materials and cases • Corporate and Competitive strategy – Revisited • Aligning Strategy Implementation and Building Managerial Career: Key Linkages MODULE I: Specific Types of Strategic Choices and Associated Implementation Challenges Consolidation Strategy –I 2 • Read: Consolidation of highly fragmented service industry 9-802-192 • Read : The Consolidation Curve F0212B 3 Consolidation Strategy –II • CASE: BP and the Consolidation of the Oil Industry--1998-2002 : 702-012 4 Turnaround strategy –I • Read: The Turnaround Challenge ISBN-13: 978-1-4221-5352-9 5351BC 5 Turnaround strategy –II • Read: Strategic Transformation as the essential last step of the process of business turnaround BH 270 • Case: At Ford, Turnaround is Job 1 KEL663-PDF 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Growth Strategies – I • Read: Market Busting strategies • CASE: Shimla Dairy 9B05M017 Growth Strategies – II • Read: Growth Is the Dynamic Confluence of Strategy, Entrepreneurship, and Values, UV6382-PDF-ENG • Case: Apple in 2010 710-467 Growth Strategies – IV [Internationalization Strategy] • Read: Introduction to Global Strategy 9-706-448 • Read: Corporate and global scope 9-707-496 • Case: HTC in 2009 709-466 Methods for Strategy Development • Case: Havells India: Acquisition decision 9B09M089 MODULE II: Use of Power, Influence and Persuasion by Managers to Ensure Successful Strategy Implementation Understanding Business Organizations as Socio –Political context • Read: Power and Politics in Organizational Life 70313-PDF Power – 1 • Read: Necessity of Power: You Can't Manage Without It 5443BC-PDF • Case: Katharine Graham: Adapting one’s influence style in different social and career networks [801276-PDF-ENG] Power -2 • Read: Power and Politics in Organizational Life 70313-PDF • Case: Roller Coaster Ride: The Resignation of a Star 9-405-031 Influence – 1 • Read: Influence: Your mechanism for using power 5467BC-PDF • Case: Who's in Charge?: The Jim Davis Case #BAB086 Influence – 2 • Read: Influence: Your mechanism for using power 5467BC-PDF • Case: Who's in Charge?: The Jim Davis Case #BAB086 Influence -3 • Read: What It Really Means to Manage: Exercising Power and Influence 400041PDF • Read: Building Coalitions 497055-PDF • Case: Heidi Roizen 800228-PDF-ENG • Case: Amelia Rogers at Tassani Communications (A) 9-492-034 Influence – 4 • Read: How Experts Gain Influence R1307E-PDF • Case: Vivienne Cox at BP Alternative Energy (A) INS354-PDF Persuasion -1 • Read: Take a Strategic Approach to Persuasion U0807A-PDF • Case: Johannes Linden: Managing the Global Executive Committee 913509-PDF Persuasion -2 • Read: Principles of Effective Persuasion 497059-PDF • Case: Ferguson's Formula R1310G-PDF Leadership, Power And Influence and Implications for building Executive Career - 1 20 • Read: The Focused Leader R1312B-PDF • Case: Leadership Development at Goldman Sachs 406002-PDF Leadership, Power And Influence and Implications for building Executive Career - 2 • Read: Managing Your Career 494082-PDF • Case: Lehmann bros – A & B 906034-PDF and 906035-PDF • Case: Margaret Thatcher 497018-PDF