Personal Beliefs

There are a gazillion companies out there, but some stand out. Whether it is because of their popularity, affiliations, history, profile or service, one factor simply makes or breaks a company; it’s strategy management process.

‘Strategy is the direction and scope of an organisation over the long term, which achieves advantage in a changing environment through it’

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.

Using your own words, define strategy. What is the strategy of the organization you currently work for, or one that you worked for in the past?

Strategy is defined as a plan of action designed to achieve a major objective. This is the overall operations to achieve a goal. During war the military has tactics which come from the art of planning. A strategy is the guide for the individual, business, or organization to achieve the objective at hand. An individual should map out and meditate in advance to reduce the chance of failing. So, for FedEx, it could be to map out routes to make sure delivery personal does not overlap each other. A strategy is a compass that guides a person along to make sure they achieve their objective.

Absolute Truth and Personal Belief are like the structure of a complex sentence. Absolute Truth functions as the subject in a stand-alone sentence, while Personal Belief serves as the predicate to the truth a person holds dear. People are not always aware of these two natural functions in their daily lives. Absolute Truth is the honest reality of a situation or circumstance, while Personal Belief is the acceptance by the mind that something is true; but the question is, between truth and belief, which is more important?

Strategy is not only a tool for outfoxes the competition but also an incredible means for creating and shaping a company

When a business forms a strategy they are producing a large scale plan with plans to achieve one or more goals set by the business. The factors that affect the plan, in both negative and positive ways, are uncertain. So when making a strategic plan a business will have to take into account all factors and plan for them. Strategy is imperative for a business as not only does it give them a sense of direction and some goals to achieve, but also resources are usually limited so you have to a strategy will help to guide the business and make the best use of the resources that they have. Strategy give the business direction, it helps them to see whether they are over achieving/under achieving and meeting the goals they have set themselves. If a

According to Meyer, (2010), strategy is the action that company can take to achieve its desired goals. When it comes to a company, thinking can be said to be either long-term or short-term. When translated into action, it is what is called operations or projects. However there are differences between operations and

One of the people with the biggest influences on my personal education philosophy is Paulo Freire. The major theme throughout his book, Pedagogy of the Oppressed, is how important it is for people to dialogue with one another (Freire, 1970). Dialogue, to Paulo Freire (1970), means acknowledging that both parties are human beings with equally valid life experiences, and both of whom are worthy of love and respect. His theory is not only a philosophy, but an action plan. I believe that he is right about how bad the 'Banking Model of Education' is for students (Freire, 1970). Instead of viewing students as empty vessels to be filled (Freire, 1970), I believe I should be encouraging their own interests. By learning from Freire's

I joined the military after high schoolso strategic concepts and planning is pretty much the difference between life and death in my eyes. So the question is how can I supplement or transfer this into a real-world, business like environment? This chapter talks about What Is Strategy and Why Is It Important, so first things first, what is strategy? The book defines strategy as a set of actions that its managers take to outperform the company’s competitors and achieve superior profitability. How do I view strategy? I simply view strategy as crucial planning to produce an outcome that will eventually lead your team (firm) to victory by any means necessary while reducing as much risk as possible. So do I believe that I am strategically

Growing up in a southern baptist church is one of the major influences on my personal values. My great grandparents were the pastor and first lady. They were also two of the five founders of the church. No matter what I am doing or what life throws at me I revert back to my upbringing. I remember being so young learning the ten commandments and Psalms 23. I was taught at a very young age that Jesus is the son of God and he never sinned. It was etched into my head that I could be and should want to be like the son of God, without sin. I lived my life based on my Christian background until I was 17. I was a freshman at tech, I met a guy, and I sinned with him. I

Strategic planning involves making decisions about the organization’s long-term goals and strategies and how the organization decides to implement their goals (Bateman, Snell, Konopaske, pg. 113). Strategies help organizations to have a clear perspective on how to go about accomplishing the goals they have in place. All organizations have a clear vision of what their mission and purpose as a company is, they know how to fulfill the mission, vision, and purpose and they know how to ensure that they accomplish all their goals. However, the route the organization takes to define these things determines how effective they will be.

A strategy is said to be a plan that is made for the long term success of a product or brand. It is extremely important to have a strategy in order to figure out a direction towards which any company is able to focus all its resources efficiently and achieve desired outcomes. Formulating effective strategies is a considerably long process in itself that combines analysing several factors, situations and issues that are already present in a company and looking to improve on them alongside trying to implement various innovations and ideas to collectively create a direction towards which they can move and direct the resources available to them.

Johnson, Wittington, Scholes, Angwin and Regnér (2014, p. 3) defines strategy as ‘the long-term direction of an organisation’.