MARCH 23, 2019

ASSIGNMENT
BY PROF. SAJID MEHMOOD

Topic: Performance Management and Feedback, Analyzing Strategy and

Nature

SUBMITTED BY

Hashaam
15082120-017

Waqar Ahsan
15082120-044

Hamza Shahid Ghani

15082120-012
 What is Performance Management & Feedback?
In a traditional Orange organization, performance is monitored through the
deployment of a top-down performance management system ensuring the alignment
of set individual objectives with strategic business targets. In this highly documented
process managers and employees agree on objectives to be achieved. Hierarchy is
fully responsible for meeting assigned business targets. Pressure is therefore put on
employees to ensure targets are achieved and ideally exceeded through individual
contribution.
Such a formal top-down performance tracking system does not exist
in Teal organizations. In a self-managed Tealorganization where there are no
bosses, the drive to deliver results comes from intrinsic
motivation. Teal organizations hold that people are motivated when their work has a
meaningful purpose, when they are subject to healthy peer pressure and when they
have access to accurate feedback from the outside world. They believe that people
tend to become more deeply engaged, and achieve far more than is asked for, when
they are doing worthwhile work with full responsibility and ready access to needed
resources.
Although people do not need management pressure to perform, they still need to
know how they are doing. For this purpose feedback is extensively used
in Teal organizations with a primary focus on team performance.
In many organizations, the feedback process frequently fails because it comes from
a place of fear, judgement and separation. Feedback given from love, acceptance
and connection is a nourishing experience that allows people to gauge where they
are and to work out collaboratively what they need to do next. Efficient feedback
facilitates growth and enables people to align what the organization needs with what
energizes them.
Even with open, healthy relationships, providing feedback when things don’t go as
expected can be a challenge for some. Providing timely feedback about missed
expectations or tensions is a key Teal practice to be embraced regardless of
discomfort. Teal organizations are high on trust and low on fear. Being able to give
effective feedback in this environment is a vital skill. Employees are often trained to
use approaches such as Nonviolent Communication so that they can be mindful
about their intentions and their practice when giving feedback

What is Strategic Analysis?

Strategic analysis is a process that involves researching an organization’s business
environment within which it operates. Strategic analysis is essential to formulate
strategic planning for decision making and smooth working of that organization. With
the help of strategic planning, the objective or goals that are set by the organization
can be fulfilled.

In a constant strive to improve, organizations must periodically conduct a strategic

analysis which will, in turn, help them determine what areas need improvement and
areas that are already doing well. For an organization to function efficiently, it is
important to think about how positive changes need to be implemented.
Strategic analysis is essential if a company has a goal and a mission for themselves.
All leading organization who are well known for their achievements have years of
strategic planning being implemented at various stages. Strategic planning is a long-
term task involving continuous and systematic planning and resource investment.
The main question that a company should consider when performing a strategic
analysis is: How is the market constituted? How are the active clients in this sector?
While conducting strategic analysis, organizations must know their competitors and
thus be able to define a strategy that will help them an unbeatable player in that
market. One of the most important functions of strategic planning is to predict future
events and deduce alternative strategies if a certain plan doesn’t work out as
expected.

Strategic Analysis Process:

The following infographic demonstrates the strategic analysis process:

1. Perform an environmental analysis of current strategies

Starting from the beginning, a company needs to complete an environmental analysis of its
current strategies. Internal environment considerations include issues such as operational
inefficiencies, employee morale, and constraints from financial issues. External environment
considerations include political trends, economic shifts, and changes in consumer tastes.
2. Determine the effectiveness of existing strategies

A key purpose of a strategic analysis is to determine the effectiveness of the current strategy
amid the prevailing business environment. Strategists must ask themselves questions such as:
Is our strategy failing or succeeding? Will we meet our stated goals? Does our strategy align
with our vision, mission, and values?

3. Formulate plans

If the answer to the questions posed in the assessment stage is “No” or “Unsure,” we undergo
a planning stage where the company proposes strategic alternatives. Strategists may propose
ways to keep costs low and operations leaner. Potential strategic alternatives include changes
in capital structure, changes in supply chain management, or any other alternative to a
business process.

4. Recommend and implement the most viable strategy

Lastly, after assessing strategies and proposing alternatives, we reach the recommendation.
After assessing all possible strategic alternatives, we choose to implement the most viable
and quantitatively profitable strategy. After producing a recommendation, we iteratively
repeat the entire process. Strategies must be implemented, assessed, and re-assessed. They
must change because business environments are not static.

Levels of Strategy

Strategic plans involve three levels in terms of scope:

1. Corporate-level (Portfolio)

At the highest level, corporate strategy involves high-level strategic decisions that will help a
company sustain a competitive advantage and remain profitable in the foreseeable future.
Corporate-level decisions are all-encompassing of a company.

2. Business-level

At the median level of strategy are business-level decisions. The business-level strategy
focuses on market positions to help the company gain a competitive advantage in its own
industry or other industries.

3. Functional-level
At the lowest level are functional-level decisions. They focus on activities within and
between different functions aimed at improving the efficiency of the overall business. The
strategies are focused on particular functions and groups.