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A company's hierarchy affects how goals and strategies are pursued because of leadership. With a wide hierarchy, an organization gives more freedom and empowerment to their employees, allowing them to be more creative.

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What is strategic information management and why is it important in organisation?

Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the http://www.answers.com/topic/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. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the http://www.answers.com/topic/board-of-directors and performed by the organization's http://www.answers.com/topic/chief-executive-officer (CEO) and executive http://www.answers.com/topic/team. Strategic management provides overall direction` to the enterprise and is closely related to the field of http://www.answers.com/topic/organizational-studies. courtesy : http://www.answers.com


What is organisational goal?

Organisational goals explain how an organisation intends to go about achieving its mission. For example, a car manufacturer might identify its mission as increasing market share and making a profit. Establishing goals of introducing a new model of car each year and providing the highest-quality spare parts to customers will enable it to achieve that mission.


What is SAP's mission statement?

"To be a pioneer and leader in the creation and delivery of valued solutions for strategic business processes that enable our customers' realization of their business goals and objectives."


Benefits of the Principles of Scientific Management principles to an organisation management in its management practices?

managers get indication on how to manage an organization. The principles enable managers to decide what should be done to accomplish given tasks and to handle situations which may arise in management.


How does planning enable the control process?

Planning establishes clear objectives and benchmarks that serve as a foundation for the control process. By outlining specific goals and the means to achieve them, planning allows organizations to measure performance against these standards. This comparison helps identify deviations from the plan, enabling timely corrective actions. Ultimately, effective planning ensures that resources are aligned with strategic priorities, facilitating smoother monitoring and control.

Related Questions

What is strategic information management and why is it important in organisation?

Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the http://www.answers.com/topic/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. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the http://www.answers.com/topic/board-of-directors and performed by the organization's http://www.answers.com/topic/chief-executive-officer (CEO) and executive http://www.answers.com/topic/team. Strategic management provides overall direction` to the enterprise and is closely related to the field of http://www.answers.com/topic/organizational-studies. courtesy : http://www.answers.com


What can be defined as the art and science of formulating implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives STRD?

The art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives is known as strategic management. This discipline involves aligning resources and capabilities with the organization's goals while considering internal and external factors. Effective strategic management ensures that all departments work cohesively towards common objectives, enabling long-term success and adaptability in a changing environment.


How do you development goals which describe skills you will work on that will enable you to achieve your objectives?

Firstly goals must be S.M.A.R.T. Specific, Measurable, Achievable, Realistic, Time-framed. using this should help you


What is the main types of information gathered to enable the organisation to function on a day to day basis?

fcscs


What is the difference between shopper marketing and trade marketing?

Shopper marketing is to enable the particular brand to achieve its target, whereas Trade marketing is to enable the dealers to achieve their target.


What can be defined as the art and science of formulating implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?

The art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives is known as strategic management. It involves integrating insights from various departments to create cohesive strategies that align with the organization's goals. This process encompasses analysis, decision-making, and performance assessment to ensure effective resource allocation and long-term success. Ultimately, strategic management aims to foster adaptability and competitive advantage in a dynamic business environment.


What will enable you to achieve success in honors courses?

you have to have a smart brain and be responsible


What are XML objectives?

the objective of xml is to enable to be transported and viewed consistently over the internet. liquid-technologies.com/xml.aspx


Objectives of unit trust of India?

The Unit Trust of India has two main objectives. They are to encourage savings in middle and low income groups and to enable these groups to share in the industrial development of the country.


What is cooperatives objectives?

to enable farmers to purchase supplies at a lower price


Explain what is meant by a hierarchy of needs and provide examples of one or more products that might enable you to satisfy each of the four levels of need?

psychological needs;


Why are financial statements important to a struggling organization?

1. To enable full disclosure of the financial position and performance of the organisation including the fact that it is struggling 2. To enable lenders in deciding whether to continue to finance the organisation 3. To let the creditors know that there is a possibility that you won't get your money 4. To enable investors to make informed investing decisions 5. To let the tax authorities and regulators know whats happening 6. To let the auditors know that there is a possibility of fraud and misuse of assets

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