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Friday, 23 February 2018

Realigning Strategy Mindsets: From Competitive Advantage in Traditional Industries to Business Platform Advantage in the Digital Economy

As we know that each organization has its own structure, environment, resources, and strategy. The process in which we interlink all of these things within an organization is known as the strategic alignment. The basic aim of the strategic alignment is to optimize the performance of the employees by providing them with the best facilities. The process of making the strategic alignment consists of five major steps. In the first step, you should try to start from the top management. Its reason is that if you are able to enhance the performance of the top level management, then it will be easy for you to enhance the performance level at the lower level. Secondly, you should try to devise some important time management techniques within your organization. Thirdly, you should try to engage the leadership of your organization in this process by discussing it with them. Fourthly, you should try to create some visuals of the strategic alignment plan. Fifthly, you should try to devise some important tips and techniques to implement the strategic alignment plan for better results.
Sometimes, there is a possibility that you are not able to devise the best strategy alignment plan for your organization. Under such a situation, you can get help from the essay writing services. Once, you have developed and implemented the strategic alignment plan, then you will be able to see some instant benefits of it. Either you are going to implement the strategic alignment in the traditional industries or in the business platforms, then you will be able to see the equal advantages. These advantages are given below;

1) With the help of the strategic alignment plan, the process of the decision making will be boosted up.

2) If you want to enhance the production level within an organization, then the engagement level within the different employees should be impressive. This thing is possible only with the help of the strategic alignment plan.

3) With the help of the strategic alignment plan, an organization will be able to use the different resources in an effective way. As a result, there will be fewer chances of wasting the resources.

4) Another benefit of implementing the strategic alignment plan is that the self-governance within an organization will be boosted up.

5) The advertising team of the organization will be able to advertise the product in such an interesting way that there will be no chance of confusion for the customers.

6) It is also an important way to boost up the leadership credibility within an organization.

7) All the resources of the organization will be visible to the organizational team. Due to this reason, the organizational team will be able to use these resources in the best way.

8) The skills and the talents of all the members of an organization will be optimized.

9) The risk-taking skills of the organizational members will also be boosted up. They will be able to take a safe risk for the betterment of an organization.

10) There will be created a dynamic culture within an organization.

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