Strategic Goals For Josh 's Business

| Most successful companies utilize business strategic planning to set priorities and goals for the organization's future; outcomes include short-term goals and long-term strategies.  A clearly written, well designed strategic plan can align business units, divisions and employees so that the vision of the management team and the mission of the company can be fulfilled.  As companies evolve and the environment changes it is critical for companies to maintain a disciplined execution of the strategic plan.However, if they are not

A strategic plan is a tool that delivers guidance in achieving a mission or goal with maximum proficiency and control for an organization. Strategic planning is used to transform and revitalize organizations. The plan helps provide an inclusive understanding of opportunities and challenges both internally and externally for the organization. The plan delivers an assessment of the strengths and limitations that are realistic within the company. A well-developed strategic plan will offer a comprehensive approach and empowerment for the stakeholders involved. It is an opportunity for learning and understanding priorities that will drive the business to succeed. Jones (2010), describes how in health care organizations, strategic plans

Strategic planning is the management activity of an organization to achieve the organization’s goals through setting priorities, focusing activities and resources, working of employees and stakeholders, agreement establishment, and evaluation of the organization’s direction (Balanced Scorecard Institute, 2015).

The strategic objective is not a business plan, relatively, it is a life plan that shape the individual live which will serve the business portion. This objective is a set simple and clear standard that may create and strive to a successful outcome if implemented correctly. These standard are simple to eliminate confusion and is a measuring system to visually see the progress invested to determine the next move. This progress takes time, but the investment in this implementation is well worth the wait over time when the business finally illustration a positive

A strategic objective is one that an organization must achieve to make its strategy succeed. Strategic objectives for Hitek are

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.

In his shop in DC, there were large crowds of students and tourists who frequented the area so they could buy and rent bikes and get accessories for their bikes.

The goals of a company or the objectives are the targets that the organization aims to achieve to have a competitive niche over other businesses in the market. In the formulation of a company's goals, the management must take into account the vision of the company. The Mission statement for Southwest Airlines is to ensure high quality customer services with logic of warmth, company spirit and pride while being friendly to the customers. The company values include the customers who

Lafley and Martin (2013) define strategy as “an integrated set of choices that uniquely positions the firm in its industry so as to create sustainable advantage and superior value relative to the competition”. A vision and mission can set the strategic intent of the organization. The strategic intent represents a declaration of where the business or organization would like to be at some future time. The vision and mission establish both the future euphoric state and communicate the current reason for organizational existence.

Roberts has segmented his customers into three categories: Beginner/Infrequent Runners, Intermediate/Regular Runners, and Advanced/Very Frequent Runners. Products that Runners’ Choice offers are of name-brand manufacturers and are of the highest quality and technology. The products offered are mostly geared towards the more dedicated and serious runners (Advanced/Very Frequent Runners).The store also offers a number of running accessories such as shirts, shorts, jackets, hats, gloves, watches, running tights and pants, water bottle belts, concentrated carbohydrate gels and bars, heart-rate monitors, sunglasses, books and magazines.

A business aim is the goal a business wants to achieve. A primary aim for all business organizations is to add value and in the private sector this involves making a profit. More strategic aims include expansion, market leadership and brand building. (http://businesscasestudies.co.uk)

Goal setting is very important, this tells what your company wants to achieve, and whether your company’s vision is clear. Organizations are always more successful when they have a clearly determined the organizational goals, values, mission, vision , and mandates (Cullom, 2011, pp. 15-17). Now while thinking about your goals, short-term and long-term objectives should be kept in mind. Then the organization needs to see how they are going to reach these objectives. Once you have this down then, you need to find out how its going to be informed and implemented on the staff. The company needs to process the goals detailed and clear enough. They need to be obtainable and match the values of your vision. Like this you give each of your staff their specific tasks and not only they succeed, but also they organization (Kress, 2005, pp.29). Finally, you can come up with your mission statement and write it in the best form where you can clearly communicate it with your shareholders and your employees. One of the articles mentioned that “Grand Strategy” can indicate to be a broad move for a goal that scouts an organization’s key action. In one of the articles it says, “Grand strategies indicate the time period over which long-range objectives are to be achieved. Thus, a grand strategy can be defined as a comprehensive general approach that guides a firm’s major action” (Pearce, J. A., & Robinson, R. B. Jr., 2004, p. 200). This can only mean that an organization can use

Financial objectives relate to the financial performance targets management has established for the organization to achieve. Strategic objectives relate to target outcomes that indicate a company is strengthening its market standing, competitive vitality, and future business prospects.

Some critical components to have when discussing strategic planning is the vision, mission, and values. Initially, a manager starts with strategic planning that gives them a long term goal that will help plan out their next five years. "Top manager such as Chief Executive Officer, general manager, president, vice president, and division heads all set the primary direction of the company."( Kinicki and Williams, page 143) In Figure 5.3, it mentions " managers need to pay attention to the environment outside the organization, deal with uncertain and highly competitive conditions, and aware of future orientation."( Kinicki and Williams, page 143). Strategic planning is important because it helps determine what to expect or what timeline they imagine for the company progression. When strategic planning, the goals should have broad ideas, ways to achieve the goals, time frame, and what growth they plan on accomplishing. Society is ever changing in technology and making a five-year goal is meaningful, but, if possible, speeding up the program would help launch the goal at a quicker pace. Strategic objectives are useful for management to help "focus on goals for the

These objectives are their strategy to increase sales to improve profit. Their goals are ambitious and require that managers continually improve performance capabilities. Once the mission and goals are agreed upon and formally stated in a corporate plan, the next step is to formulate a strategy.