Jun 28, 2023 - Design Your Organization to Match Your Strategy

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Don't like ads? Go ad-free with TradeBriefs Premium From the Editor's Desk Design Your Organization to Match Your Strategy An organization is nothing more than a living embodiment of a strategy. That means its “organizational hardware” (i.e., structures, processes, technologies, and governance) and its “organizational software” (i.e., values, norms, culture, leadership, and employee skills and aspirations) must be designed exclusively in the service of a specific strategy. Research suggests that only 10% of organizations are successful at aligning their strategy with their organization design. Some of the problem is a gross misunderstanding of what the word “alignment” actually means in this context. When it comes to executing strategy, alignment means configuring all of the organization’s assets in the service of your stated strategy and making sure there is no confusion about what each part of the organization does to bring it to life. If you’re embarking on executing your company’s strategy, here are six ways to make sure your organization is designed to do it successfully. Strategy execution is commonly fraught with failure. Having worked with hundreds of organizations, we’ve observed one consistent misstep when leaders attempt to translate strategy into results: the failure to align strategy with the organization’s design. Continued here TradeBriefs: Newsletters for Decision-Makers! Our advertisers help fund the daily operations of TradeBriefs. We request you to accept our promotional emails. Want the newsletters, without the promotional mailers? Get an (ad-free) subscription to TradeBriefs Premium for just $2 per month. Access to premium content | No advertisement mailers Work No Job, No Marriage, No Kid: China’s Workers and the Curse of 35     Besides, he first has to find a job. Even before the pandemic, he was asked at an interview why he was applying for a tech support position at his age. He showed me the job listings of his local provincial government: The age requirement for all positions was 18 to 35. Work Asia must reach net zero before the world can do so, says Petronas CEO     \"We\'ve always positioned natural gas as a transition fuel,\" the Petronas chief said, noting that recent debates have considered views that gas could even be a destination fuel because it offers a baseload of security and certainty, especially when renewables have yet to overcome intermittency issues. Work Salesforce and more: Goldman Sachs names 5 tech stocks set for a profit boost, giving one 50% upside     Work A.I. is not all hype. It's the 'fourth industrial revolution playing out,' says Wedbush's Dan Ives     \"That\'s why I think what you\'re seeing is the multiple expansion. Investors recognize this isn\'t an AI gold rush, which I really view is something. The only parallel would be 1995 Internet and 2007 Apple iPhone moments in terms of what I\'ve seen in my career,\" said the analyst. Work 1 in 5 employees are 'loud quitting.' Here's why it's worse than 'quiet quitting'     \"Quiet quitting employees are your organization\'s low-hanging fruit for productivity gains. They are ready to be inspired and motivated — if they are coached in the right way,\" it added.  Work Nevada seeks to impound assets of a crypto wallet firm that owes clients over $156 million but only has half that amount left     © 2023 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information | Ad Choices FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Terms & Conditions. Powered and implemented by Interactive Data Managed Solutions. Work Taylor Swift Sydney and Melbourne presale tickets sold out after record 4m users join Ticketek queue     Swift will perform at the Melbourne Cricket Ground on 16 and 17 February and at Sydney’s Accor Stadium on 23, 24 and 25 February. She has not announced further dates in any other Australian cities. Work Inflation retreated in May to 5.6%, easing fears RBA will again raise interest rates     Holiday travel and accommodation prices fell 11.3% in May alone as tariffs eased from Easter and school holiday highs. These were up 7.3% from a year earlier, a slower pace of increases than April’s 11.9% advance. Work Australia's gambling ads ban should be fast-tracked, crossbenchers say     Mark Kempster, a recovering gambling addict who told the inquiry he received sports gambling advertisements despite requesting a lifetime ban from betting, said gambling companies had "acted with such little duty of care for so long to the harm they have caused in society". Work Lobbying firm proposed structure to allow Stuart Robert to profit from winning government contracts, parliamentary committee told     Anyone with a direct or indirect financial interest in government contracts cannot sit as a senator or MP under the constitution, Shorten said, adding that it was not clear “if that threshold has been breached”. Work William Tyrrell's foster mother urges prosecutors to say if they'll charge her over disappearance     "To date, William's body has never been found. The foster mother has always, and maintains, she has nothing to do with William's disappearance. She desperately urges the police to resume the investigation into finding out what happened to William." Work Russia-Ukraine war live: Kramatorsk strike death toll rises to eight; Nato to strengthen eastern defences     Ukraine’s government reprimanded Vitali Klitschko, Kyiv’s mayor, on Tuesday as city officials faced criticism over the state of bomb shelters after the deaths of three people locked out on the street during a Russian air raid. The government said it had also approved the dismissal of the heads of two Kyiv districts and two acting heads of districts, Reuters reported. It was not immediately clear whether Klitschko, a former boxer, would face any further action. Work Russia-Ukraine war at a glance: what we know on day 490 of the invasion     Ukraine’s government reprimanded Vitali Klitschko, Kyiv’s mayor, on Tuesday as city officials faced criticism over the state of bomb shelters after the deaths of three people locked out on the street during a Russian air raid. The government said it had also approved the dismissal of the heads of two Kyiv districts and two acting heads of districts, Reuters reported. It was not immediately clear whether Klitschko, a former boxer, would face any further action. Work Nato ready to face threat from 'Moscow or Minsk', says alliance head after Wagner chief's exile     Nato requires the unanimous approval of all members to expand. Turkey accuses Sweden of being too lenient toward groups that Ankara says pose a security threat, including militant Kurdish groups and people associated with a 2016 coup attempt. Work Cost of living worsening health of children in UK, say school nurses     One children’s dentist said parents were raising the high cost of food “pretty much every day” and it was resulting in a vicious cycle of hunger: poor nutrition results in high levels of tooth decay, leading to pain and infection which makes children more reluctant to eat. Work A load of manure: man gets prison time for years-long cow dung scam     When investors found out they had been bilked, some won lawsuits against him. But Brewer moved to Sheridan, Montana, and assumed a new identity before he was finally arrested, the US attorney’s office said. Work Home Office must process asylum claim every four minutes to clear backlog by January     “The number of decisions being made overall is up by 35% and we are also doubling the number of caseworkers to further speed up the system. We are committed to ensuring all asylum claims are considered without unnecessary delay to reduce the cost to the taxpayer of expensive hotels. Work Kevin Spacey trial for sexual offences due to begin in London     Spacey has won two Oscars – the best supporting actor award for The Usual Suspects in 1996 and for best actor in 2000 for American Beauty. In recent years, he was best known for his role playing the fictional US president Frank Underwood in Netflix’s House of Cards. He also appeared in the movies Seven, LA Confidential and Baby Driver. Work A hero twice over: US paramedic saves lives of two people in one family     “Please don’t take your organs to heaven,” Jones wrote on Facebook as she shared a link to the Post-Gazette story on her and Hadfield. “Heaven knows we need them here! Kristi, I love you forever for saving my life!” Work Trump sues E Jean Carroll for defamation over rape comments     Carroll filed her second lawsuit against Trump for both defamation and sexual assault after New York passed a law giving survivors of sexual violence a window to file civil suits even if the statute of limitations on their claims had passed. Work Heat dome's scorching temperatures in Texas expected to expand across US     In Texas, the average daily high temperatures have increased by 2.4F - 0.8F a decade - since 1993, according to Noaa, amid concerns over human-caused climate change resulting in rising temperatures. Work Nvidia Drops on Report US Plans More AI Chip Curbs for China     AMD was also subject to the initial rules announced last August. While Nvidia’s much smaller rival emerged largely unscathed by the clampdown, Nvidia said in September the restrictions would cost it $400 million in that quarter. Work Tesla to hit record quarterly sales in China even as market share shrinks - analysts     Tesla is planning revamped versions of Model 3 and Model Y to shore up sales. The company is also working with Chinese regulators on the approval of its advanced autonomous driving software to be accessible by drivers in China. Work US home prices are still dropping - and the S&P 500 will erase this year's gains, top economist David Rosenberg says     \"As everyone focuses on the S&P 500, the sexy centerfold in the magazine, boring bonds have never ever failed to deliver a positive total return in the year after the Fed presses the pause button,\" he added. Work These are the bearish signals investors should monitor to stay ahead of a potential sell-off in stocks, according to Bank of America     \"US high yield option adjusted spread [is benign] but has not confirmed year-to-date rally. The Corporate BAA to US 10-year spread has contracted below 2.0, which is positive. Although the US high yield option adjusted spread (OAS) has not widened out to show risk-off credit stress, it has not yet confirmed the YTD highs on the SPX. We view this divergence as a risk,\" Suttmeier said. Work Disney beats investor lawsuit over feud with DeSantis     Will also found that the lawsuit was brought to benefit the Thomas More Society, a non-profit law firm that champions conservative causes that was paying Simeone\'s legal costs. Simeone\'s lawyer, Paul Jonna, is a special counsel for the organization. Work Pile into mega-cap tech stocks for the next 6 months as a recession is likely, top Citi strategist says     \"These are stocks that have stronger earnings per share momentum, have stronger revisions — there\'s a fundamental reason for this beyond just valuation,\" Kaiser said. \"You put that all together and we\'re still comfortable being in that space.\" Work Sunak’s stealth tax raid hits 1.2 million savers     He said: “Instead of keeping up with inflation, the Treasury is intent on increasing medium-term household insecurity, reducing investment from savings, and ensuring people’s post-tax income goes less far.” Work Ledecky earns 6th trip to worlds, joining elite club     • After defending Olympic champion Caeleb Dressel flopped in the men\'s 100 free prelims, the finals were wide open. Jack Alexy took the title in 47.93, while Chris Guiliano surprisingly claimed the second worlds spot from lane one in 47.98. Work LIVE Transfer Talk: Arsenal closing in on £100m record deal for Rice     - Sevilla are in talks with Espanyol over the signing of Nico Melamed, Fabrizio Romano reports. The 22-year-old winger has several suitors this summer transfer window, and his departure from the Periquitos is a distinct possibility. The Spain under-21 international made 32 appearances, scoring one goal and providing two assists as the Spanish club finished 19th and were relegated from LaLiga. Work TUF 31 takeaways: Team McGregor still winless in Episode 5     Lee HammondRecord: 5-0UFC record: N/AAge: 26Fighting out of: DublinNotable:• Last fought with Eire Fighting Championship• One Bellator win over Jamie Hay in 2022• Trains at SBG Ireland, the same gym as McGregor Work Russian General Knew About Mercenary Chief’s Rebellion Plans, U.S. Officials Say     Eric Schmitt is a senior writer who has traveled the world covering terrorism and national security. He was also the Pentagon correspondent. A member of the Times staff since 1983, he has shared four Pulitzer Prizes. @EricSchmittNYT Work 4 More Arrested in Human Smuggling Case That Left 53 Dead in Texas     John Yoon reports from the Seoul newsroom of The Times. He previously reported for the coronavirus tracking team, which won the Pulitzer Prize for Public Service in 2021. He joined The Times in 2020. @johnjyoon Work Hunter Biden Isn’t Hiding. Even Some Democrats Are Uncomfortable.     Peter Baker is the chief White House correspondent and has covered the last five presidents for The Times and The Washington Post. He is the author of seven books, most recently “The Divider: Trump in the White House, 2017-2021,” with Susan Glasser. @peterbakernyt • Facebook Work Ex-Police Chief in Maryland Gets Multiple Life Terms in Series of Arsons     Mr. Crawford had worked in law enforcement for years. He was police chief in Laurel from 2006 until his resignation in 2010. Before that he was chief of the District Heights Police Department, and earlier he was a major with the Prince George’s County Police Department. Work Remains Found in California Wilderness Are Identified as Those of Julian Sands     “But actually, it’s the reverse,” he said. “It’s about supplication and sacrifice and humility, when you go to these mountains. It’s not so much a celebration of oneself, but the eradication of one’s self-consciousness. And so on these walks you lose yourself, you become a vessel of energy in harmony, hopefully with your environment.” Work Supreme Court Rejects Theory That Would Have Transformed American Elections     Adam Liptak covers the Supreme Court and writes Sidebar, a column on legal developments. A graduate of Yale Law School, he practiced law for 14 years before joining The Times in 2002. @adamliptak • Facebook Work Bored At Work Because You're Not Allowed To Innovate? Maybe It's Time To Find A Company That Embraces "Backstage Creativity"     But for those who\'d rather be part of a large team and tap into an employer's resources, \"backstage creativity\" could be the way to discover and unleash their hidden talents. Says Taylor, "The first step is to unlock the creativity you were born with." Work A Car Expert Offers Tips For Finding A Reliable Mechanic     Lastly, a reliable mechanic will stand behind their work, says Fix. \"If the mechanic does offer a warranty, make sure you know exactly what it covers and for how long.\" And don\'t forget to ask for a detailed invoice, recommends Fix. \"Don\'t drive away from the repair shop without a detailed invoice breaking down exactly what was repaired, and which parts were replaced. The receipt will serve as your record in case something stops working within the warranty\'s time frame.\" Work Five Ways To Play It Safe While Solo Motorcycling This Summer     You\'ve got your driver\'s license in your wallet, yes? But will first responders know the name of your immediate family, your significant other, your primary medical caregiver, all people who should be alerted immediately in the event of a crash and possible incapacitation? No. So print out a small sheet of paper listing all of the above, title it \"In The Event Of A Crash,\" fold it up and keep it sandwiched in your wallet so it\'s the first thing that pops out when strangers start pawing through your things while waiting for help to arrive. TradeBriefs Publications are read by over 10,00,000 Industry Executives About Us  |  Advertise Privacy Policy  |  Unsubscribe (one-click) You are receiving this mail because of your subscription with TradeBriefs. 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