Policies that Empower Action

Speed is a critical necessity for success in today’s competitive, global marketplace. One way to enhance speed and responsiveness is to force/allow decisions to be made whenever possible at the lowest level in organizations. Policies are broad, precedent-setting decisions that guide or substitute for repetitive or time-sensitive managerial decision-making. Creating policies that guide and “pre-authorize” the thinking, decisions, and actions of operating managers and their subordinates in implementing the business’s strategy is essential for establishing and controlling the ongoing operating process of the firm in a manner consistent with the firm’s strategic objectives. Policies often increase managerial effectiveness by standardizing routine decisions and empowering or expanding the discretion of managers and subordinates in implementing business strategies.
My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please contact http://www.asifjmir.com

2 Comments (+add yours?)

  1. WTF
    Mar 19, 2010 @ 16:26:12

    This was taken from a Pearce and Robinson text.

    Pearce, J.A. and Robinson, R.B. (2004) Formulation, implementation, and control of competitive strategy, ninth edition. New York, NY: McGraw-Hill.

    Reply

    • Anonymous
      Jan 21, 2016 @ 16:24:53

      Thanks man, looked very familiar. A professor I know used it too with no reference and he preaches plagiarism, smh.

      Reply

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