Organizational Strategizing Essay

To organize and prioritize the current and future projects in the pipeline in a way that fits into the PMB budget of $5B, and ensures projects that increase sales, growth, and stockholder value are of top priority, whereas projects that are not beneficial are either put on hold or discarded.

There has been a large amount of research into what strategy is, since Michael Porter’s perennial work in the 1980s. Studies done on the execution of strategy have been far less numerous. However, there is one major understanding about the execution of strategy. The execution of strategy is a vital part of success in business. A summary of many myths surrounding various strategic executions will be outlined, along with their subsequent analyses.

Chandler (1977) believes strategy is about using the necessary recourses so the organizations are able to carry out their long-term goals and aims. Which relates to Johnson (1987, pp. 4-5) who states, “Strategic decisions occur at many levels of managerial activity and will be concerned with the long-term direction”.

Execution of a strategy allows an organization to identify a strategic manager or management team who will be responsible for five key components: people, resources, structure, systems and culture. The role of the strategic manager or management team is to implement and monitor performance and report to company stakeholders on the status. Because strategy drives an organization’s success, the team should select managers who can aggressively drive the objectives to achieve desired results through three actions:

In this book, the author asked all the business owners and senior executives a question, which is "Are you a strategist?" some people don’t know the importance of the strategy person in the beginning of this book. However, when they almost finish reading this book, they know the irreplaceable role of a strategist.

As of 2008, there are approximately 765,000 personnel employed as sworn officers in local and state law enforcement agencies throughout the United States (BJS, 2011) with an additional 105,000 law enforcement personnel in approximately 65 federal agencies as of 2004 (BJS, 2006).

In the book The Strategist: Be the Leader Your Business Needs by Cynthia A. Montgomery discusses the topic of being an elusive and a rigorously effective strategist. The purpose of the author is to give us a new understanding of what a strategy really is and the components needed to be a strategist. The author through all her pages help us to understand some of the most fundamental questions that the manager must ask themselves when it comes to strategy such as what is strategy, why it is important, and what you have to do in order to effectively execute them. The final and most fundamental

Furthermore, there are three concepts that is frequently merged by the academic models of the organizational strategy that is :( 1) the strategic aim `mission´ that is being sought for, (2) the ways of gaining that aim (is commonly illustrated as ´strategy content´) and (3) the strategy techniques that are used to conclude the content of the strategy. Strategic management is vitally substantial organizational development on account that

‘Strategic Management’ is a very complex term as many eminent researchers and scholars have had different views and conclusions on strategy. According to White (2004), “Strategic Management involves both systematically developing an idea together with its implications and testing the empirical validity & usefulness of that idea against the real world.” Thus strategy is not only about planning for future but also about confirming the validity of the hypothesis considered and implementing it successfully. Strategy formation may take various forms such as implicit, explicit or emergent. Implicit strategy is a strategy formed by intuitions of an individual. As per implicit strategists, strategic management is about reading the environment

The implementation of correct strategy in an organization is of vital importance. The reason for this is that strategy helps an organization to reach goals and it helps an organization to prosper. The correct Strategy and implementation also helps an organization to have a

Organizational planning is a fine art; it is the most intricate phase of an organization’s start-up and implementation process and the most important. One can have a vision for a business; however without proper planning it will not reach its full potential. This concept paper will discuss the necessity of proper strategic planning for an organization, by examining three key components of planning; organizing, leading and controlling. Organizational planning starts with a vision, the leader must create a mental picture of the final product; this is followed by defining the mission of the organization and the goals of the organization. Once these are established the executive management team begins strategic planning. “Strategic

Analyzing strategy process in the organization we need to use schools of thought in Strategy Safari. We will choose three schools for identifying the way of strategy. Strategic Safari is well – known concept in the strategic world which is a way to try and understand organisation strategy in many ways, but all views are a part of strategy picture. In this analyze we will try explain prescriptive approach which tries to identify a direction of action by looking at the current situation and the environment. Chosen schools are following:

Multinational corporations and other industries have strategic management departments set up in order to design and implement strategies. Strategic management is formed with managers from various teams and with several years of experience. The best thing about the strategic management team is that refer to previous years of data and history of the organization in designing the strategies. Strategy management team in an organization is very crucial as it designs the future of the organization as the strategic management designs plans for the effective business operations of the organization. The strategic management process is a five step model and it has a series of steps in order to design an effective strategic plan. The following are the key steps in a strategic management plan:

Organizations successful at strategy implementation effectively manage six key supporting factors :     1.  Action Planning

Chandler (1962) defined strategy as “The determination of the basic long-term goals and objectives of an enterprise, and the adoption of courses of action and the allocation of resources for carrying out these goals”. Strategy is related to long-term goals, policies and major issues of the business which determines the success or failure of the organisation. In simple words, strategy is something which accomplishes the firm’s goals. Strategy is about being different from competitors by performing better (Magretta, 2002). A strategy of an organisation should not be changed very often and should be planned for long-term because strategy needs a period of consolidation. Businesses follow strategy to have a competitive advantage over the other firms in the market.