1. How important are competencies to organizations today? support and explain your answer. 2. Why is strategic enhancement described as widening the horizon?
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Subject: STRATEGIC MANAGEMENT, Please answer fast honestly and using own sentences. thank you very much...
1. How important are competencies to organizations today? support and explain your answer.
2. Why is strategic enhancement described as widening the horizon?
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Solved in 3 steps
- Answer the following with a minimum of 6 sentences each. Questions Answer What can executives do in order to properly implement the strategic plan? What is an organizational structure? How would organizational structure help in its proper implementation of a strategic plan? Communication is said to be the reason why proper implementation of strategy becomes a problem or failure. Explain why.Background For the signature assignment, you will develop an Action Plan for a new managerial business initiative you want to start. You will be creating this action plan to pitch to senior leadership as well as a manual to execute the plan. Please take all bulleted instructions below intro consideration. Pick an industry and company type you’d like to manage for. Instructions Your Action Plan should be well-thought out and specific to the chosen industry. portfolio assignment for a managers and organization's should include several components, such as: Title Page (APA format, APA sample paper is in the Getting Started section and the Course Resources tab. Table of Contents: Research the APA format for a table of contents. Purpose: A purpose statement informs the reader, or audience, of the need or reasoning for the operation manual. You will pick your change proposal. Outline the management theory you’ll use. Share any innovative ideas contained in the operation manual.…Does the context determine what the strategising manager must do, or can the manager shape the context? Some people argue or assume that the strategy context has a dynamic all on its own, which strategists can hardly influence, and therefore that the strategy context sets strict confines on the freedom to manoeuvre. The context is not malleable and hence the motto for the strategist is ‘adapt or die’. Others believe that strategists should not be driven by the context but have a large measure of freedom to set their own course of action. Frequently it is argued that strategizing managers can, and should, create their own circumstances, instead of being enslaved by the circumstances they find. In short, the strategy context can be determined, instead of letting it determine. Discuss in the context of the Industry Dynamics versus the Industry Leadership Perspective.
- SECTION B – TRUE/FALSE QUESTIONS1. Strategic leadership is a leader's ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization.a. Trueb. False2. Ultimately, strategic leadership is the responsibility of the CEO and top management.a. Trueb. False3. The link between leadership and strategy is a new concept but quickly becoming accepted.a. Trueb. False4. Strategic leadership is the set of decisions and actions used to formulate and implement specific strategies that will achieve a competitively superior fit between the organization and itsenvironment, so as to achieve organizational goals.a. Trueb. False5. Ultimately, organizational change is about changing the profit margin of the organization.a. Trueb. False6. An organization's external environment presents strengths and weaknesses, while it internal environment presents opportunities and threats.a. Trueb. False7. The…Strategic Management is a discipline that requires the continuous interrelationship among variousfunctional managers. As a business strategy Management Trainee you are required to answer thefollowing questions by supporting each response to detailed examples.Required: a. In one of the definitions used by Pearce and Robinson, Strategic management wasdescribed as the “art and science of formulating, implementing and evaluating crossfunctional decisions aimed at achieving organizational goals”; Briefly discuss the contextin which strategic management could be described as ‘an art’ and when it also could bedescribed as ‘a science’. b. Describe the strategy formulation process; clearly explaining three major activities thatare undertaken at this stage? c. Distinguish between business level strategies and corporate level strategies; clearlygiving examples under each. d. Differentiate between strategy and tacticschose a company and write about their vision and mission and about their culture and about their motivation to their workers and about their leadership. Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted Write 7 pages and make three pages as presentation power point as 6 slides. Don’t write about apple. It’s for communication class Write about how they communicate to their workers and costumes Click here for more on this paper……. Click here to have a similar A+ quality paper done for you by one of our writers within the set deadline at a discounted
- How do I respond to this in 100 words? For definitional purposes, the term, open systems, is a perspective that holds that organizations depend on the external environment for resources, affect that environment through their output, and consist of internal subsystems that transform inputs to outputs (McShane et al., 2022). Open system theory is a biological theory that has been adapted to business organizational structure theories (Leonard 2019). It may seem odd that biology has anything to do with business, but the theory recognizes that any system is assembled by many parts that share resources or data internally, and with its external environment (Leonard 2019). My company, Memphis Light, Gas and Water, is the nation's largest three-service municipal utility, serving more than 440,000 customers (MLGW 2023). Since 1939, MLGW has met the utility needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas and water service. Memphis…Managerial Roles Unscramble DIRECTIONS: Apply what you learned about Managerial Roles in this module to unscramble the Sample Management Activities from the 3rd column to the corresponding row of the Examples column that best matches the Managerial Role described. Hint: Take your time and apply critical thinking skills, this activity is like a puzzle and some of the pieces may fit more easily than others. However, there is only one best correct answer for each role. Role Examples Sample Management Activities Information Roles • Authorized the use of funds for a new team to travel from branch to branch to train management on a new, internal software • Participates in initial selection of teams and assigning tasks – followed by mentoring team members to success • Arranges or brokers the best price points with suppliers and vendors • Successfully interfaces with a variety of people and groups to facilitate close working relationships • Participates in Chamber of Commerce events with…To: New Consulting Team MemberFrom: CEORe: Presentation Our consulting firm has just landed the account of a new client. This client is a medium sized manufacturer that sells technological products domestically. The client wants our firm to help it develop a strategy to enter and be competitive in the international market. The first place you will have to start with this project is to get this client's management team to really understand the importance and meaning of the concept of Strategy. Therefore, you will need to explain to them: 1. The definition of Strategy; 2. Why Strategy is important; and 3. Recommend what type of Strategy would be best for this organization and why you choose this type of Strategy. The client wants you to create a short presentation on this topic. I need help with question 3. The book is 99781259732652. Class is MAN3303 Management Leadership Principles. We are reading 5, 6, and 14.
- You are a Senior Manager at 123-Logistics overseeing the shipping department. 123-Logistics is a healthy, mid-sized company(similar to UPS/FedEx/DHL) with $350 million in yearly profit and 93% customer satisfaction rating. Currently, your team’s objective is to minimize the amount of late deliveries to ensure customer satisfaction. One day the Finance Director approaches you and tells you that instead of minimizing late deliveries, she wants to prioritize revenue to appease shareholders. The Vice President of Marketing overhears your conversation and suggests that the delivery drivers should instead spend more amount of time on the road to advertise the company logo. This in turn will result in wider brand recognition and more customers. Lastly, the Vice President of Operations joins the conversation to recommend another business objective but is cut off before she can provide a suggestion. From your conversation, • Which business objective do you think is the most important and why? •…Please elaborate the answer as per the question. I want a detailed answer. If u unable to do please let others to do. Thank you Question Strategic management is all about identification and description of thestrategies that managers can carry so as to achieve better performance and acompetitive advantage for their organisation. Among all the existing processin an organisation, strategic implementation often considered as the mostdifficult stage in the strategic management process.Discuss the statement above as to your opinion. CLO 3 : Perform internal and external analysis in an organisation(Strategic Management) a) Mike and Henry both work in the same company, while Mike holds a much higher position in management where he is in charge of formulating strategies and Henry’s work mostly involves implementing. Discuss how their jobs are different. describe briefly. b) Despite playing different roles in the strategic management process both of them are equally responsible for ensuring that the culture of the company is cooperative and everyone is interested in managing and welcoming strategic changes. What can be done to ensure this? describe briefly.