The Office of Strategy Management
- Source:
- Better Management.com
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Overview: The statistics surrounding the success that organizations have in executing strategy is low. There is often a chronic disconnect in organizations between strategy formulation and strategy execution. An Office of Strategy Management, or OSM, is intended to close that gap. It is typically a new unit at the corporate level of an organization, overseeing all strategy-related activities - from formulation to execution. It is not intended to perform all of this work, but to facilitate the process so that strategy execution gets accomplished in an integrated fashion across the organization. Typically, a strategic planning unit has little or no influence over the process of executing the strategy it helped to create.
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