Inter Organisational Strategic Direction

Inter-Organisational Strategic
Direction

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK 1 ..........................................................................................................................................1
1.1 Relationship between different partners in development of policy and its impact on
strategies ...............................................................................................................................1
1.2 Contribution of various external factors on the development of inter-organisational
strategy ..................................................................................................................................3
1.3 Role of domestic, national, and multi- national interests in the translation of policy......5
TASK 2............................................................................................................................................5
2.1 Evaluating policy position of different partners involved in implementation of strategies . 5
2.2 Evaluation and solution of tensions and conflicts of interest in the roles of different
partners...................................................................................................................................6
2.3 Developing model for inter-organisational working........................................................7
TASK 3 ................................................................................................................................8
3.1 Key economic drivers of inter- organisational policy and strategy..................................8
3.2 Impact on existing policy commitments of the finance and funding of operational
activities..................................................................................................................................9
3.3 Ways to meet unexpected operational activities..............................................................9
TASK 4 .........................................................................................................................................10
4.1 Reviewing methods and theories of inter-organisational strategic planning .................10
4.2 Alternatives to improve inter- organisational strategic planning and coordination.......12
TASK 5 ...................................................................................................................................13
5.1 Review of various external factors which can make impact on inter-organisational policy
..............................................................................................................................................13
5.2 Forecasting likely future events relating to inter- organisational policy and strategy. . .14
5.3 Innovative solution for achieving better outcome..........................................................14
CONCLUSION..............................................................................................................................15
REFERENCES..............................................................................................................................16

INTRODUCTION
Every organisation has some mission and vision which play crucial role in deciding their
short as well as long term strategies. If a company want to attain some targets than they have to
get strong internally because it will help them in facing various challenges. Their are many
business groups in this world who are operating in different industries, they want to expand their
organisation in order to earn more revenue. Diversity is considered as one of the best strategy for
long term survival, it reduces the chances of facing severe loss as if one company fail to give
expected return than other can balance it by providing necessary profit. Stanbic Bank Ghana Ltd
(SBGL) is the part of Standard Bank Group working in Johannesburg, South Africa. They are
strong in their domestic market in Africa but the Standard Bank Group is also running their
business in other countries. This assignment will discuss about policy development and its
impact on an organisation. Analyses of external factors like politics, economy, society etc. will
also become part of this project (Adeoye and Elegunde, 2012). An enterprise has to face conflicts
at the time of implementation of policies, these issues will be explained under this report.
Elements like risk, resources, etc. relating to the markets where cited group is working will be
included for discussion. This file will discuss about inter-organisational strategic planning and its
implementation of various plans. Some research will also get cover under this assignment.
TASK 1
1.1 Relationship between different partners in development of policy and its impact on strategies
An organisation take views of many people before making any plan. Stanbic Bank Ghana
Ltd banking services can share various information with their retail business by taking
permission of Bank of Ghana, this will help to organisation in making and implementing sound
strategies. Their are three main parties in formation of policy, first is top level management,
second is middle level managers and third is employees who work at ground level. If relation
between two sides are strong than organisation can make sound strategy and attain their goals in
an effective manner. In cited organisation, board of directors discuss various problems with
senior managers because they fill the gap between a worker and highest authority of enterprise.
The reason behind continuous success of Stanbic Bank Ghana Ltd is strong relationship between
customers and bank (Bianchi and et. al., 2011). Middle level managers gather data and other
information, they present it in-front of top level management at the time of making policies
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relating to investment and other major expenditure. Cited organisation organise meeting between
these two sides on continuous basis. They understand that its impact is crucial for the success of
firm because issues relating to employees, reducing cost of operation, etc. can easily get solved if
their connection is strong. Senior manager are considered as the bridge between highest
authorities and the workers at retail stores.
Source: New Journal Article: Inter-Organizational Resource Coordination in Post-Disaster
Infrastructure Recovery. 2017
Strong relation between middle level management and employees can improve overall
health of organisation. Ground staff communicate the demand and expectation of customers to
their seniors so they can make various policies for targeting right consumers by launching correct
products (Calamel and et. al., 2012). Connection between these two sides can help setting
realistic targets, their execution can be done in an effective manner. SBGL is trying to expand
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Illustration 1: Post-Disaster Infrastructure Recovery