Friday, August 15, 2008

Functional strategies

The true success of an organsiation dependsupon effective formulation and implementation of strategies. There is a need to understand the hen and egg dilemma whther strategy follows structure or structure follows strategy. Strategy formulation and implementation depicted on a matrix. A successful of business heavily depend on the perfect strategies. So far all success either in business or profession reveals that strategies that are outlined executed in right spirit. On the other hand bad strategies which are implemented without proper direction yielded bad results.
Some times a bad strategy, but implement in good manner may produce desired results.
Designing sound organsisationa; structure would enable strategist to accomplish the implementation of strategy in a proper way. There are four types of organisational sturcures namely fuctional,divisional,strategic business units and matix resources.
Irrespective any the nature of the business and size there exists the structure. Structure facilitates the organisation to implement the strategies which were formulated to achive the business objecives.

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