ES438 Quality systems notes – Lecture 5 (Strategy and Policy)
Purpose of Strategy:
Setting Direction
Defining goals
Getting buy-in
Concentrating Resources
Understand what actions lead to the desired outcomes
What to do and what not to do
Maintaining Consistency
Retaining Flexibility
The world may change
Elements of Strategy
A clear set of goals (Vision)
Understand the environment
Must be inspiring
Measures to understand where you are compared to goals
Balanced, necessary and sufficient
Mechanism for linking strategic goals to organisational processes (Planning)
Understand what will make a difference
Must be empowering
Review processes
, Setting the Vision: A Map of The World
Who do we wish to be?
What are the values at the heart of our business?
What markets do we wish to serve?
Who are the customers?
What are their aspirations?
What do we need to be and how will we know when we get there?
What is the environment in which we will be operating?
Not just today but for the period of the strategic plan
How will we monitor changes?
Who are the stakeholders & what do they want?
Purpose of Strategy:
Setting Direction
Defining goals
Getting buy-in
Concentrating Resources
Understand what actions lead to the desired outcomes
What to do and what not to do
Maintaining Consistency
Retaining Flexibility
The world may change
Elements of Strategy
A clear set of goals (Vision)
Understand the environment
Must be inspiring
Measures to understand where you are compared to goals
Balanced, necessary and sufficient
Mechanism for linking strategic goals to organisational processes (Planning)
Understand what will make a difference
Must be empowering
Review processes
, Setting the Vision: A Map of The World
Who do we wish to be?
What are the values at the heart of our business?
What markets do we wish to serve?
Who are the customers?
What are their aspirations?
What do we need to be and how will we know when we get there?
What is the environment in which we will be operating?
Not just today but for the period of the strategic plan
How will we monitor changes?
Who are the stakeholders & what do they want?