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Company-wide strategic planning
Company-wide strategic planning
Principles For Understanding The Strategic Planning Process
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Problem solving is part of every organization strategic management functions, whether the organization is functional in structure or a large decentralized type of organization; problems exist and management ought to find appropriate problem solving mechanism in order to deal with them. “Adding value to the problem-solving perspective (PSP)” written by Herman A Van Den Berg argues on the elements of a firm emphases to opportunity or value which he claims are emerged by a problem. In addition, Berg critiques that the PSP is deficient and he attempts to fill in the gap by adding value to the framework. He develops a formula to assist in calculating the total net value (Berg, 2013). Throughout the Journal, Berg credits the various sources; and …show more content…
This argumentative piece aims to utilize Berg’s Journal to alert on the inadequacy of problem-solving perspective in relation to its usage by specific type of organizations. Especially considering that not all problems would be able to be solved through the use of a numeric formula. Furthermore, in order to effectively implement any type of problem-solving mechanism one must be able to identify the problem and solution must be relevant to the type of …show more content…
The organization struggle because proper planning strategy was not in placed which was detrimental. As a result, this added to its turnover and even worst, lack of funding to function. Hence, planning is very essential especially in establishing guidelines for the organization to adhere in order to solve problems or see potential treats. Consequently, the word value will be subject to the type of organization and its functions. Therefore the essence of every organization is to produce practices and strategies which will assist in ensuring that the organization carries out its main goal. Hence, it is opportune to indicate that strategic planning is “[the] organizational planning that includes the establishment of overall goals and positioning an organization’s product or service against the competition” (Robbins and DeCenzo,
Sette, J. (2014). Defining directions [Class handout]. College of Health Professions, The University of Akron, Akron, OH. (Sette & , 2014)
Dess, G. G., Lumpkin, G. T., Eisner, A. B., & McNamara, G. (2012). Strategic Management: Text & Cases (6th Ed.). New York, NY: McGraw-Hill.
Carpenter, M., Bauer, T., Erodogan, B., & Short, J. (2013). Principles of management. (2nd ed.).
Even though a myriad of tools and techniques learnt in the Strategic Cost Management and Strategic Business Analysis courses are not fully exploited in this essay, it is generally recognised that those techniques are useful for a corporate to formulate strategy, do strategic planning, control costing and quality, as well as eventually elevate its values, regardless the nature and size of organizations.
Plecas, D., McCormick, A. V., Levine, J., Neal, P., & Cohen, I. M. (2011). Evidence-based
This is a crucial part of a strategic analysis because ‘…organisations do not exist in a vacuum, they are part of a complex world’ (Bowman 1987:61) and many factors can influence operations, beneficially and unfavourably. However, these can be difficult to comprehend due to their complexity, diversity and fast changing nature. Necessarily a number of techniques have been developed to facilitate the process and to ‘…contribute to answering the key managerial question…’of what ‘…opportunities and threats might arise in the future’ (Johnson & Scholes 2002:99).
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
"In the day to day business of organizational life, decision making is seldom the logical, rational, systematic process suggested by the management textbooks. It does not unfold in identifiable stages where a problem is defined, alternative solutions are generated, the alternatives are weighed against a known criterion, and a choice is made (1998, p. 50)."
As previously mentioned, potential problem analysis or potential opportunity analysis was developed and introduced by Charles H. Kepner and Benjamin B. Tregoe as part of their initiatives to identify a suitable approach for problem-solving initiatives. Their work culminated in the publication of a book containing the problem-solving approach they had created, which included the
“An Army leader is any one who by virtue of assumed role or assigned responsibility inspires and influences peoples to accomplish organizational goals. She or He motivates people both inside and outside the chain of command to pursue actions, focus thinking, and shape decisions for the greater good of the organization.1” But for him to do that effectively and efficiently , he has to be prepared, shaped and refined. There are few institutions to prepare such leaders and CGSC is one of those institutions which are mandated, organized and equipped to prepare such leaders. In implementing its mandate, CGSC has programmed ILE common core C 100 to provide foundations for effective leadership development. The lessons covered in this block of instructions are important pillars of leadership development and impact on officers differently depending on the fields/specialties and the level of positions held. This paper therefore attempts to discuss the relevance of critical thinking and problem solving, group decision making, overcoming biases, planning and order production lessons on my future assignment as a logistics staff officer.
The manager should be able to select and know these factors. As organization is created systems by people, the internal factors are mainly the result of management decisions. Not all of the internal factors are completely controlled by the management. Organization is influenced by many environmental factors. In the new millennium we have to learn how to live in a market economy. And the most important condition for this is a highly skilled managers. Ability to identify and analyze the internal elements of the organization and external factors is the key to the success of the business. The main factors in the organization that require management attention are objectives, structure, tasks, technology and people. An organization can be seen as a means to achieve the objectives that allows people to perform collectively what they could not carry out individually. Goals are desired outcome, which aims to achieve a group working together. The main objective of most organizations is profit. Income is a key indicator of the organization. People are the basis of any organization. Without people there is no organization. They shape the culture of the organization and its internal climate. They determine what the organization is. Manager generates frames, establishes a system of relations between people and include them in the process of
PO learned problem-solving technique that include defining the problem; examining obstacles; acting on the choice; learning from the results. PO was engaged well in the small group exercise. PO appears to understand that effective problem solving is an important life skill, and was able to map out how he would solve his problem of “getting a different job”. PO’s behavior and participation are consistent with the contemplation stage of change.
Problem-solving approaches presented by Takahashi, Adler et al. and Ruffolo et al. have six similar steps. They all include steps of identifying the problem, analyzing the problem, coming up with some solutions, evaluating the solutions, implementing the solution in action, and evaluating the outcome of the solution. Three approaches all give a useful procedure to solve a problem in group.
Strategic Decision helps the decision maker or the organization to get a direction in achieving their mission, vision, long term goals; develop plans and strategies that can be used along with the resources to achieve it. This type of decision making has been profound and has a long term impact for the organization. Strategic decision making can be found expensive and fatal as well for the organization. High managerial department are supposed to take these decision as this decision is very un-programmed, unstructured. These decisions are risky and also have uncert...
It doesn't matter if we're talking about developing a new strategy or an innovative way to stay ahead of the competition. Creative problem solving gives that competitive edge that any business is striving to achieve.