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What changes do you think p and g has had to mak in its organization and company culture to implement this strategic shift?
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What role does mission statement play in strategic management of an organization?
The mission statement gives a written statement of the overall, broad goals of the company. The strategic management of the company ultimately helps the organization to reach their overall mission statement.
Who makes strategic decisions in an organization?
Strategic decisions, which affect the long-term direction of the entire company, are typically made by top managers.
Compare and contrast Traditional versus Strategic planning?
Strategic planning compared to traditional planning is more well planned. The aims and objectives are aligned with company's mission and vision. It strengthen the organization and provide insight into possible new directions.
What is corporate strategic planning?
Corporate strategic planning is a process by which a company defines its objectives and missions. It is essential in the workings of a large company to have a strategic plan in place
What is the definition of strategic implementation?
This starts as a set of goals for an entity. A set of goals (usually these goals are given a priority and a time frame for completion) is decided such as to implement six sigma principals throughout the company or to "go green" or to increase bandwidth of the network for video services these are deemed strategic goals.An example of a strategic implementation might be to meet one of these entity goals by "implementing" a new project to fulfill the higher priority goal...so, a project to implement a higher capacity internet connection, or a project to train all employees in Six Sigma Methodology or a switch to green technologies in manufacturing are examples of possible strategic implementations.
Why you implement the TIBCO in your organization or company?
The TIBCO in an organization or company is needed. The TIBCO is what give data to build and maintain the truth about the company.
Who is a chief executive officer of the company?
The Chief Executive Officer of an organization is the boss. They are at the top of the organization because they make strategic decisions about the organization.
What role does mission statement play in strategic management of an organization?
The mission statement gives a written statement of the overall, broad goals of the company. The strategic management of the company ultimately helps the organization to reach their overall mission statement.
What is organic planning?
Organic Strategic Planning is a unique approach to company growth. It changes the traditional strategic planning paradigms by focusing on identifying the best practices, processes, and methodologies in an organization. Organic Strategic Planning retains and expands on what is already working by employing a filter created from the organization's values, mission, and vision.The traditional approach to strategic planning often focuses on identifying and fixing problems. Being aware of where organizational changes are needed and courageously working on them can be quite effective. The unfortunate downside to focusing on problems is that, after a while, the organization forgets what it does best and focuses only what it does worst!Suite101.com :)
Who makes strategic decisions in an organization?
Strategic decisions, which affect the long-term direction of the entire company, are typically made by top managers.
What are Limitations of strategic groups?
There are several limitations of strategic groups. These include industry structure, company differences, competitive changes, as well as industry revolution.
Why strategic vision is important for a company?
Strategic vision is important to a company since it says; What are the impacts of technologies How cutomer need and expectation changes What it will take to outrun competetiors External and internal factors driving what a company needs todo to prepare for the future
Difference between strategic marketing and strategic management?
Strategic management is the process of specifying an organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. It is the highest level of managerial activity, usually performed by an organization's Chief Executive Officer (CEO) and executive team. Strategic management provides overall direction to the enterprise. Strategic management is a combination of strategy formulation and strategy implementation. "Marketing is the process of planning and executing the conception, pricing, promotion and distribution of ideas, goods and services to satisfy customers." Marketing management is a business discipline focused on the practical application of marketing techniques and the management of a firm's marketing resources and activities. Marketing managers are often responsible for influencing the level, timing, and composition of customer demand in a manner that will achieve the company's objectives.
What industries use strategic outsourcing?
Strategic outsourcing is a strategy that employs the use of outside resources to implement or provide a service to an industry without diminishing the capability of the company's core competencies. Typical industries that employ this heavily is the IT and management industries.
What refers to making a course change due to shocks or evolution's in the strategic operational economic and technological sphere?
That process is known as strategic realignment, which involves adjusting a company's direction in response to changes in the external environment. It can involve reevaluating the organization's goals, redefining its strategies, and adapting its operations to stay competitive and relevant.
Describe the extent of your responsibility in setting strategic direction?
Executive managers play a major role in setting the strategic direction of the organization. Based on their functional areas, they are able to move the company ahead of competitors.
What is the definition of strategic control What is the definition of strategic implementation?
Strategic control can be defined as process of monitoring as to whether to various strategies adopted by the organization are helping its internal environment to be matched with the external environment. Strategic control processes allow managers to evaluate a company's program from a critical long-term perspective. This involves a detailed and objective analysis of a company's organization and its ability to maximize its strengths and market opportunities. There are four types of strategic control as follows: # Premise control: is designed to check systematically and continuous whether or not the premises set during the planning and implementation process are still valid # Implementation control: is designed to assess whether the overall strategy result associated with incremental steps and actions that implement overall strategy. # Strategic surveillance: It is designed to monitor a broad range of events inside and outside the company to threaten the course of firm's strategy. # Special alert control: is the need to thoroughly and often rapidly reconsider the firm's basic strategy based on a sudden unexpected event.
