Indicate whether or not the organization where you are employed engages in strategic management and planning. If Yes, how has this benefitted the organization? If No, give your perceptions regarding the limitations and why the organization does not engage in strategic management and planning.
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Indicate whether or not the organization where you are employed engages in strategic management and planning. If Yes, how has this benefitted the organization? If No, give your perceptions regarding the limitations and why the organization does not engage in strategic management and planning.
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- What do strategic group members have in common with each other? What impact do firms outside a strategic group have on those in that group?How does the strategic planning process inform itself?Select an existing company and carry out an analysis of it based on the concepts of strategic planning Write an introduction on the topic of strategic planning Describe the company and the products or services it offers Evaluate the mission and vision Carry out a SWOT analysis, Identify how the company achieves competitive advantage Explain what other strategic options the company can take to achieve future growth
- Indicate whether or not the organization where you are employed engages in strategic management and planning. If Yes, how has this benefitted the organization? If No, give your perceptions regarding the limitations and why the organization does not engage in strategic management and planning. Discuss briefly why ethical decision-making is essential in an organization, and the possible effects that ethical violations/unethical behaviours can have on the organization and its stakeholders.How does the size of the organization affect the strategic planning process, and how much input should be sought from outside sources while outlining the strategic plan?Which industry for which you are considering developing a strategic plan? What industry are you currently working in? Same as above or some other? If it’s different, please identify the one that you’re currently working in. Mission (Purpose of the company, and what the company strives to do) Vision (Desired future achievements and state it wants to be in) Values (How employees should conduct themselves and their business to achieve the mission) Establish Major Goals (Goal – be precise and make sure those are measurable goals)
- Considering the purpose of a strategic plan and why it is important for businesses to engage in the process, regardless of their size. Which stakeholders should be included in the strategic-planning process? And Why is it important to include the stakeholders you identified in the process?Identify who or who is responsible for the strategic leadership of an organization and mention the five key areas in an organization. Explain what a strategic vision is and what is its importance in the company. Provide an example of a company vision. Explain what a mission statement is and what is its importance in the company. Provide an example of a company mission statement.Determine the organization's strategic management, planning, implementation, and monitoring process. How effective is their strategic management process? How well does their strategic management process align with their results? How can you tell? What factors contribute to their overall effectiveness? Briefly present and discuss such aspects. If there are many, select the top three to discuss
- What are the benefits of doing and utilizing strategic planning?Explain your answer.According to your readings, there are stages of strategic planning and execution. One stage creates a strong stable base for the strategic plan. Its components are not subject to regular change. If the contents of any of the components of this stage are altered, it means major changes for the organization. Which stage is being described? A) Application stage B) Foundation stage C) Implementation stage D) Evaluation stageWrite a short essay that summarizes the components of strategic management that an organization needs to use.