Strategic Management Essay

1403 WordsSep 1, 20116 Pages
Question: Able Corporation is a successful US manufacturing company located in Tennessee that builds power tools, lawn mowers, lawn furniture, microwaves, and ranges. All products are manufactured locally and sold through large retailers like Sears, Best Buy, and Wal-Mart. They have sale papers inserted in every Wednesday and Sunday paper. Although they have a thriving business in the US and Canada, Able is trying to break into the global marketplace. Assignment: At this point in time, you are at the beginning of a project, which will eventually yield (in six months) a complete business plan for Able's strategic initiative to penetrate the global marketplace. You will need to consider the strategic management process in building…show more content…
What principle would you use in order to prioritize the implementation steps needed to accomplish the strategic objectives? The strategies followed are implemented through successfully established organizational principals. The necessary steps required to achieve the objectives can be management through evaluation, redirection, and control. Considerations are given to additional priorities that are historically adhered to like strategic formulation, environmental- health- and safety examination, and strategic globalization implementation. Additional elements should be considered prior to fulfillment of objectives which are specific activities leading up to the full implementation steps in any successful strategic globalization. For instance, Able's leaders will have to integrate a change management plan to equalize the cross functionality of their infrastructure. This critical step will re-enforce the team’s moral with the correct attitude necessary to a conductively implement the process. The change agent methodology is critical to adapting to the new organizational implementation process in satisfying key principals of a substantial organizational shift, like globalization. Able's organizational systems, processes, infrastructure, and culture will

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