Functions Of Senior Manager And Influence Of Strategy Essay

identified objectives which align with their mission and vision. A SWOT analysis is essential to

“PESTLE analysis will help to capture understanding about aspects of the context by using the prompts political, economic, sociological, technological, legal and environmental. It is a technique that facilitates a wide scan of the context and actual or potential factors that would affect objectives if left unmanaged.” (Webster-Murray, R. 2010. pg.88)

In order to be productive all members of staff should be aware of the goals of the firm. Knowing the goals allows the manager to make effective decisions. The goals of the firm can be viewed as the motives of the entrepreneur’s who own and run the firm. There a number of goals that a firm can pursue in its day-to-day

Decided on how to implement changes and addressing issues and re-planning implementation plans. Also co-ordinating activities of every member of the team, collating work products into the whole or overall goal can be a big challenge to the team and the leader or manager of the team.

A SWOT analysis is also an important aspect of the strategic plan as it helps management anticipate challenges, take advantage of opportunities and mitigate risk (Balanced Scorecard Institute, 2014). These are key elements that

Another approach to strategy development begins with an analysis of external and internal factors, followed by some visioning, then planning. Including in the analysis phase is often a “SWOT,” a thorough examination of internal Strengths and Weaknesses, as well as external Opportunities and Threats. SWOTs are praised for capturing both the positive (strengths and opportunities) and negative (weaknesses, threats); and organizations embrace this approach with the hope of gaining a “balanced” analysis of itself, inside and out (Hetzel and Silbert, 2007).

* Monitoring of your progress towards the team goal. This will include things that don’t get done!

I will have Monday goal and Friday result meetings. The first meeting I will discuss the task ahead setting a clear, elevating goal for the team. Task will be assigned to each individual. I will set my expectations for each team member. Before the first meeting is over I will make sure everything is clear

It is the execution of strategies and policies through programs, budgets and procedures to reach its goals. In this process plans are assigned, costs are allocated to tasks for better measurement of return on investment. The firm’s resources are used and a detailed system is given on how to perform specific jobs. This strategy turns strategies into concrete results and helps implement changes that are documented for future references. It also provides good measurements of projects with a time frame. It gives employees a clear step by step on how to perform their day-to-day tasks that will improve overall efficiency and sets the tone for quality work in all levels of management.

The goal is to create a method that is specific to what client wants, measurable so that you can track their path, achievable so they do not get discouraged, realistic so that they will be able to reach the goals effectively, and in a timely manner so they can keep up their motivation. Another concept is to motivate by finding out their faith, which has to do with believe in one’s self, fire, which has to do with energy and passion, and focus, which has to do with what they pay attention to. Another strategy the book portrayed as a major concept is GROW. GROW stands for goal, which is what we want to do, reality, which is the circumstances we are dealing with, options, which is how we might move from our reality to our goal, and way forward, which is what actions we want to take. The next concept is the inside out method which looks at people inside and removing interference and making it safe for people to dare to dream, to dare to think about what is possible, and helping them find doable first

Monitor and control: During this portion of the phase you begin to monitor the progress that your team. Begin to monitor their budget, schedule weekly meetings to receive progress reports, and to ensure that there are no unforeseen issues that may arise during this process. The goal is to complete the task ahead of time with no incident nor any hiccups along the way.

The SWOT analysis gives organisation the opportunity to evaluate issues within and outside the business. It is the method of evaluating the strengths, weaknesses, external opportunities and threats from competition, and also to identify some strategic decision-making (Colbert 2018).

"The process of coordinating and integrating work activities so that they are completed efficiently and effectively with and through other people".

The PESTLE analysis is used throughout a range of businesses. The acronym stands for political, economic, social, technological,

The following is a PESTLE analysis for EE. PESTLE is a useful tool for understanding market growth or decline, and such the position, potential and direction for the business. PESTLE stands for Political, Economic, Social, Technological, Legal and Environmental factors, which are used to access the market for the business.