answersLogoWhite

0

The bottom up approach to strategic management is when lower level employees provide input regarding business objectives. Employees help to make decisions on the direction of the business and future growth.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Management

Advantages and disadvantages of strategic management?

Strategic management has many advantages and disadvantages. One advantage of strategic management is being able to expect whatever comes up.


What is bottom up approach in organization planning?

The bottom-up approach in organizational planning involves engaging employees at all levels in the decision-making process, starting from the grassroots or operational level and working upwards. This method encourages input and feedback from staff, fostering a sense of ownership and collaboration. It contrasts with the top-down approach, where decisions are made by upper management and communicated to lower levels. The bottom-up approach can lead to more innovative solutions and a stronger alignment with the actual needs and challenges faced by employees.


Six steps of strategic management process?

The six steps in the Strategic Management Process include; establishing a vision, analyze opportunities and threats, analyze strengths and weaknesses, implement a strategy and strategic follow up.


Which companies have jobs in strategic management?

Any major corporation will have jobs in strategic management. Particularly in the finance and marketing areas. If a company is not managed strategically then they will be set up for failure.


Strategic management scope?

Scope of strategic management -- Organizations are made up of people, people's behavior makes up organizational behavior, managers are people, strategies address the organization, and strategies require operational execution. For the purpose of understanding how to strategically manage an organization, these are not separable disciplines which can be addressed separately. They are interwoven into one discipline - herein titled strategic management. Ultimately there is nothing associated with a business organization outside the purvey of strategic management, as such, it is one perspective of the overall collective management of the organization.

Related Questions

Give an example of top down and bottom up?

An example of a top-down approach is a corporate management team setting strategic goals for the entire organization, which are then communicated down to individual departments for implementation. In contrast, a bottom-up approach is exemplified by employees at the grassroots level proposing innovative ideas or solutions, which are then elevated to management for consideration and potential integration into the company's strategy. Both approaches can complement each other in effective decision-making processes.


What are the differences between a top-down and bottom-up approach in problem-solving and decision-making processes?

A top-down approach starts with a broad perspective and breaks it down into smaller details, while a bottom-up approach begins with specific details and builds up to a broader perspective. Top-down is more strategic and efficient, while bottom-up is more detailed and thorough. Both approaches have their strengths and weaknesses, and the best approach depends on the specific situation.


Advantages and disadvantages of strategic management?

Strategic management has many advantages and disadvantages. One advantage of strategic management is being able to expect whatever comes up.


What is bottom up approach in organization planning?

The bottom-up approach in organizational planning involves engaging employees at all levels in the decision-making process, starting from the grassroots or operational level and working upwards. This method encourages input and feedback from staff, fostering a sense of ownership and collaboration. It contrasts with the top-down approach, where decisions are made by upper management and communicated to lower levels. The bottom-up approach can lead to more innovative solutions and a stronger alignment with the actual needs and challenges faced by employees.


Six steps of strategic management process?

The six steps in the Strategic Management Process include; establishing a vision, analyze opportunities and threats, analyze strengths and weaknesses, implement a strategy and strategic follow up.


Is Java a top-down or bottom-up approach?

It is a programming language. s of course its a programming language with bottom up approach for programming. because it follows oops concepts


Which companies have jobs in strategic management?

Any major corporation will have jobs in strategic management. Particularly in the finance and marketing areas. If a company is not managed strategically then they will be set up for failure.


What is bottom-up approach?

plan initiated by various units


What is the top-down approach and how does it differ from a bottom-up approach in problem-solving?

The top-down approach in problem-solving starts with a broad overview and then breaks it down into smaller, more specific parts. This is different from the bottom-up approach, which begins with the details and gradually builds up to a larger solution.


How do you set up a new bank?

By first planning out a strategic plan Outline the aims of the business (Management by Objectives) By first planning out a strategic plan Outline the aims of the business (Management by Objectives)


Strategic management scope?

Scope of strategic management -- Organizations are made up of people, people's behavior makes up organizational behavior, managers are people, strategies address the organization, and strategies require operational execution. For the purpose of understanding how to strategically manage an organization, these are not separable disciplines which can be addressed separately. They are interwoven into one discipline - herein titled strategic management. Ultimately there is nothing associated with a business organization outside the purvey of strategic management, as such, it is one perspective of the overall collective management of the organization.


In which troubleshooting approach do you start with the physical elements of the network?

bottom up