The Importance Of A Good Strategy For A Strong, Successful, And Well Rounded Company

758 Words4 Pages
Strategy is the key to running a strong, successful, and well-rounded company. Having a sound strategy can make a world of difference when running an organization and the impact that it has cannot be overlooked. Many organizations fail because they do not have a durable strategy in place for their organization. The importance of having a good strategy cannot be stressed enough. Everyone should have a voice in the making of an organizational strategy; it’s good to get all points of views and opinions from top to bottom in an organization. It’s up to the top management to make sure the strategy is implemented and executed. It’s very simple to tell which organizations have good strategies and which ones do not.
Coming up with an organizational strategy should be the responsibility of all employees. Everyone has a voice that needs to be heard, therefor, top management should not be the only ones stating their opinions. In order to get a strong idea of what everyone is thinking and what they feel would be the best way for the organization to succeed everyone’s opinions and views need to be heard. This will allow for a much bigger sample size allowing everyone to be included to best suit the company. One of the first steps when organizing a successful strategy is to pick a strategic-planning team. It’s important to pick a team that can fully represent the whole organization from top to bottom. If groups are not included they may feel left out and unimportant, which can lead to

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