DESCRIPTION
The Strategy Management Office (SMO), also referred sometimes as the Office of Strategy Management (OSM), is the team responsible for managing the Corporate Strategy of the organization.
The ultimate role to execute Strategy lies with the line managers and employees, but without a core command and coordination office (i.e. the SMO), Strategy is either skipped from key processes or the processes are ineffectual across business units, causing poor Strategy execution.
This presentation is the first in a series of 3. It provides and overview and background to the Strategy Management Office concept.
This presentation is divided into 3 core sections:
1. Current state of Strategy Management – the current Strategy Management is very fragmented
2. Emerging Strategy Management Office – provides background to the Balanced Scorecard (BSC) and how that translates to the SMO
3. Strategy Management Office – delineates the 9 key Strategy Management processes, roles & responsibilities, strategy integration & alignment
This deck also includes for you to use in your own business presentations.
The SMO Primer delves into the fragmented nature of current Strategy Management practices, highlighting the critical need for a cohesive approach. It underscores how disjointed processes can lead to inefficiencies and suboptimal execution. The PPT provides a detailed calendar and framework for aligning strategic initiatives across various departments, ensuring synchronized efforts.
This presentation also emphasizes the pivotal role of the Balanced Scorecard (BSC) in the SMO framework. By leveraging the BSC, organizations can create a more integrated and iterative strategic management system. The deck includes templates and practical examples to facilitate the implementation of these concepts within your organization.
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Source: Best Practices in Corporate Strategy, Strategic Management, Strategic Management Office PowerPoint Slides: SMO Series: Strategic Management Office (SMO) Primer PowerPoint (PPT) Presentation, LearnPPT Consulting
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Strategic Management Office (SMO) - Full Series
This bundle contains 3 total documents. See all the documents to the right.
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