33
1.4.
Selection of people for key positions……………….......
37
CHAPTER 2. COMPANY BUDGET AND POLICY........................... 41 2.1.
Linking budgets to strategy……………………………....
41
2.2.
Creation of policies and procedures that support the
strategy…………………………………………………...
42
2.3.
Introduction of best practices for further improvement of
the strategy……………………….....................................
44
2.4.
Installation of supporting (providing) systems…………..
46
2.5.
Formalization of strategic information………………......
49
CHAPTER 3. CREATION OF A MATERIAL INCENTIVE SYSTEM THAT SUPPORTS THE STRATEGY…… 54 3.1.
The art of motivation………………………………….....
54
3.2.
Remuneration and incentives…………………………….
58
3.3.
Relationship of remuneration to performance…………...
60
3.4.
Compensation payments for achieved results……………
61
CHAPTER 4. CREATING A CORPORATE CULTURE THAT SUPPORTS THE COMPANY'S STRATEGY………. 64 4.1.
Origins of corporate culture………………………….......
64
4.2.
Strength of corporate culture
…………………………..
67
4.3.
Strong and weak corporate culture………………………
69
4.4.
Weak or unhealthy corporate culture…………………….
71
4.5.
Adaptable corporate culture……………………………...
75
4.6.
Matching strategy with culture…………………………..
77
4.7.
Setting values and ethical standards……………………..
81
4.8.
Improvements in corporate culture………………………
85
CHAPTER 5.