Rethinking Conventional Management Practices for Success PPT
This PPT slide, part of the 25-slide 5 Leadership Practices of Capabilities-Driven Strategy (CDR) PowerPoint presentation, critiques conventional management practices, emphasizing their disconnect from effective corporate strategy. It outlines 5 prevalent approaches, each accompanied by unintended consequences that hinder organizational success.
The first approach, "Focus on Growth," warns against the pitfalls of pursuing growth indiscriminately. Companies often find themselves on a "growth treadmill," chasing multiple market opportunities without a clear right to win, leading to wasted resources and strategic dilution.
Next, "Pursue Functional Excellence" highlights the danger of striving for excellence across all functions without mastering any. This approach can result in superficial benchmarking, where organizations prioritize external comparisons over internal capabilities, ultimately stalling genuine improvement.
The third approach, "Reorganize to Drive Change," points out the futility of constant restructuring. Organizations may fall into a cycle of reorganization, believing that changing structures alone will drive behavioral change and success, which often proves ineffective without addressing underlying issues.
"Go Lean" is the fourth approach discussed. It critiques the tendency to cut costs indiscriminately, which can starve critical capabilities while overinvesting in non-essential functions. This misallocation can weaken the organization's core competencies and long-term viability.
Finally, "Become Agile and Resilient" addresses the reactive nature of many organizations. Constantly shifting direction in response to market changes can lead to erratic decision-making, driven by the belief that quick actions alone will ensure survival.
The slide concludes with a call to move away from these conventional practices, suggesting that true success requires a more thoughtful and strategic approach. It serves as a cautionary reminder for executives to critically evaluate their management strategies.
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Leadership Core Competencies Corporate Strategy Agile Benchmarking Restructuring Restructuring
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