SOLYP-Blog

The concept of corporate social responsibility (CSR) is no longer considered as wishful thinking of left-wing activists and philanthropically inclined entrepreneurs. Media, consumers, citizens’ initiatives, trade unions, and employees but also investors and governments put increasing pressure on businesses to take responsibility for the social and ecological consequences of their economic activities. Today, businesses have little choice but to succumb to the pressure of the society if they want to succeed in the marketplace in the long-term. CSR has become an important factor for a businesses’ ability to compete (Hansen & Schrader, 2005).

Online discussion groups on social networks like LinkedIn or Xing are ideal places to exchange minds and build new relations with other strategy enthusiasts, independent of time and place. Some groups are constantly growing and very active; others don’t make it over the initial phase of excitement. Here we have compiled a selection of the currently best discussion groups on the subject of strategic planning.

How to Achieve Strategic Alignment?

Wednesday, 05. September 2012

Bridging the gap between strategy development and execution is one of the biggest challenges many organizations face. Studies repeatedly show that, regardless of the quality of the strategies, companies find it difficult to successfully implement them and, therefore, to realize the competitive advantages they were aiming for. Probably the most important driver for successful strategy implementation is "strategic alignment," that is the systematic process of bringing the actions of each business unit and employee into line with the organization's strategic objectives. The challenge is to make them all work together towards a common goal, thereby improving the overall performance of the company. As Akpan and Carter (2007) have aptly put it, strategic alignment is basically nothing more than "team work."