Strategic management
Last updated
Last updated
Strategic management is the ongoing planning, monitoring, analysis and assessment of all that is necessary for an organization to meet its goals and objectives.
In today's fast-paced business world, success often hinges on the ability to adapt to new challenges. That's why we've developed an innovative approach to addressing adaptive challenges on a departmental level, with a focus on clear communication and top-to-bottom visibility. By aligning day-to-day work with strategic goals, prioritizing projects and products, and monitoring progress towards key performance indicators, we're able to achieve the most ambitious objectives.
With a deep understanding of the unique needs and challenges faced by different departments, our approach allows us to create a comprehensive strategy that fosters maximum performance and empowers teams to excel. By emphasizing context over control, we create a supportive environment that allows for creativity, collaboration, and continuous improvement.
When it comes to managing projects, technology companies need a tool that can keep up with their fast-paced, dynamic environment. That's why we recommend Project Management tools like Jira - a versatile, user-friendly platform that helps us stay on top of all our projects, no matter how complex or varied.
Our unique approach to using Jira ensures that all employees have visibility into which part of the strategy their tasks are affecting, regardless of department or project type. Here's how we break it down:
Department projects: these tasks are directly related to improving the processes within a specific department, and are all linked to an initiative that addresses an adaptive challenge.
Cross-department process projects: these tasks involve improving processes that cross multiple departments and are typically company-wide initiatives.
Product projects: these tasks relate to all aspects of our products, from bug fixing and feature development to product stories and overall improvements.
By organizing our projects using Kanban and Scrum boards, we're able to ensure that everyone is on the same page and working towards the same strategic goals.
In conclusion, when Strategic Management is done right:
Strategy and goals are clear, specific and globally understood.
Team interactions are focused on strategy and goals, rather than tactics.
Management time is transparent, articulate and perceptive
However, to ensure security in all aspects, there're some situations where control is required:
When we need to prevent irrevocable risks, ie. possibility of data breaches.
When people are still learning they need mentoring: junior employees
When there are escalated conflicts: Moral, Ethical and Legal issues.