Executive Officer And Dmc Management Team

All organizations will encounter strategic challenges over their duration of years in business. These challenges will come at all different levels across the company. Knowing that these challenges have happened in the past and will happen in the future, it is important to see how an organization will react to overcome the challenges.

We interview the site general manager for a company called Bombardier Transportation. His name is Jeff Gaffney. His official company title is MARC Operations General Manager. Bombardier Transportation is one of two subsidiaries of the company. The other half is Bombardier Aerospace. The parent company is called Bombardier Inc. Bombardier Inc. is headquartered in Montreal Canada. Jeff Gaffney is only involved in the transportation division of the company which is headquartered in Berlin Germany. Bombardier is the leading manufacturer of trains and the third leading manufacturer of planes. The company as a whole has roughly about 72,000 employees with a revenue averaging around $16.8 billion. These numbers are statistics split between the two divisions of the company. As stated before Mr. Gaffney is involved in the transportation division of the company so that is what the interview was primarily about.

This paper will discuss about the strategic management and try to put some focus on the importance of strategic management for a business. In doing so, this paper will discuss about two large retail business and try to compare and contrast the strategic management of those two companies.

Pearce, J. A. II, & Robinson, R. B. (2009). Strategic management: Formulation, implementation, and control (11th ed.). [University of Phoenix Custom Edition e-text]. New York: McGraw-Hill. Retrieved August 20, 2011, fr

Strategic Management is the theory and practice of making decisions that shape the future of the firm. This course looks at the content and process of strategic decision making from the perspective of managers who are responsible for an entire business unit. These may be individuals who are acting in the capacity of a Chief Executive of a company, divisional General Managers, or departmental heads. It is also the perspective most

A comprehensive process is often undertaken in the strategic change process was applied to Pacific Cataract and Laser Institute. The objective of the paper is to exhibit the process, conduct a stakeholders? analysis, identify the strategic issues and look into how the company expands its corporate strategic intent, increase customer awareness about the product and by what method to employ to step up

In addition to the executive team, board members and stakeholders must support an EHR implementation. Meyer, CEO, should educate the board and stakeholders to ensure their critical support (Health Research & Educational Trust and College of Healthcare Information Management Executives, 2010). Meyer’s communication can effectually set the stage for success. On the other hand, Meyer could diminish their sponsorship without clear and honest collaboration. The board and stakeholders need to hear how an EHR will improve care, create effectiveness, and help SMC reach its vision (Health Research & Educational Trust and College of Healthcare Information Management Executives, 2010). Meyer, president of SMC, will lay out the steps and

The owner and the appointed committee will engage in strategic consultations multiple times per week to focus on implementing a new strategy that will revolve around uncovering the answers to three burning questions: What are we passionate about? What drives our economic engine? What are we best in the world at? (GTG, pp. 95-96). This method will create restoration to the damaged areas of the company caused by ownership. This tactic will force company executives to steer the company towards profitability, focus on the area best suited for the company and strive towards becoming the number one company in our market. The committee will be responsible for implemented the plan and assuring the CEO follows through with this exploratory period. Success will be measured by the obvious increase in revenue, but also by monitoring overall customer and employee satisfaction. Customers will be given satisfaction surveys that will focus on personal needs being reached and they will also rank their experience with their purchases. Employees will take various surveys to rate moral prior to and after the plan is in place to determine its effectiveness. When there is documented statistics that customer satisfaction, employee morale and scalable

The purpose of this paper is to explain the definition of Strategic Management and why it is critical to the success of an organization in meeting its goals and mission. The paper will include a brief analysis of the situation and pending decision problem, as presented in the case and in relevance to the answer. In addition, the major issues will be surrounding the organization or individuals involved with the organization. Included will be alternate courses of action to

Even though companies have almost similar external conditions, some companies enjoy huge success for years, while other fail miserably, that depends on the sound of strategic management which is a high level plan to achieve one or more goals under uncertain condition. Mintzberg and Waters (1985) stated it is necessary to analyse the strategic formulation and management for the following tasks:

A train that derails in a terrible accident is a good comparison for an organization that does not have a strategic plan in periods of catastrophic events. The problem is the train is completely off the original course after clearing the accident scene. A strategic plan with focus on long-term business objectives is important, especially in the event of a crisis. In this paper the subject is a discussion of this week’s objectives among Learning Team C. The discussion includes sustainability of long-term business operations, how global markets affect business strategy, and a long-term strategic management plan for sustainment of organizational performance. Further discussion includes how these topics

There are three factors that can be affected by this strategic implementation which are, communication, decision making, and coordination among the different teams in the company. The employees behaviour is expected

In the book “Good Strategy and Bad Strategy”, Richard Rumelt illustrates examples of success and failure of business management to explain the true meaning of the strategy, and tells companies how to develop a correct strategy and adhere to core of management strategy. He also emphasizes the central role of strategic management as to remind the readers to understand the huge difference between a good strategy and bad strategy. This book has three sections: good and bad strategy, sources of power, and thinking like a strategist. I will be evaluating strengths and weaknesses under these topics. After finish reading the book, I had gained a better understanding of what a good strategy means to the success of a company. According to Rumelt, a good strategy is coherent, where companies pursue multiple objectives that are connected with each other. Rumelt points out that a good strategy consists of three elements: diagnosis, guiding policy, and coherent action. (71) First, diagnosis means to define the obstacles and challenges that the companies are facing, and guidelines help the people to overcome the obstacles. Lastly, coherent action is the activities or actions that company did to be consistent with its guiding policy. Today, many of us lost the focus of the strategy, which results in the downward of businesses and organizations. Rumelt has defined the strategy as acknowledging the main problems and take coherent action to overcome the problems. Moreover, he illustrates

Today in the global business world we know that strategic changes are fundamental in order to

This essay will look at strategic management processes and how they can be used to improve organisational performance; it will also describe