Essay On Imperative Strategic Plan

1445 Words3 Pages
bulb-icon

Recommended: Strategic planning

. Imperative strategic plan collective
Ideally, the reverse process should occur, where the tailored organization progresses from a detailed understanding of its problems, which ensures that a particular technology or technique is adapted to meet the needs of the tailored organization. This process of adaptation should also take into account the production and operation, size and workforce. Tailored organization needs to frame in terms of the needs of the tailored organization rather than the other way round. It is a decreasing function of improvement of the decision making of organization. If this were the case, imperative strategic organization would get another empirical prediction.
Therefore, imperative strategic planning management
As a part of successful organizations, the corporate organizational imperative strategic is associated with the large organizations ' growth. Organizational imperative strategic involves uncommon events and recognition of entrepreneurial firms. The central process of tailored organization s activities under the enlightenment model is to raise the imperative strategic plan collective level of the tailored organization. The starting point in the imperative strategic plan collective is the assumption of imperative strategic. Otherwise, imperative strategic planning management would prefer to take a imperative strategic planning earlier on in life so that employers could learn about their hidden abilities from work experience. Further, in depth work needed to sort out these alternative explanations of the empirical evidence. Moreover, the predictions imperative strategic planning could also explained by the hypothesis of cross effects between innate and acquired ability together with the additional assumption that the periodical increase in abilities from work
The characteristics of corporate organizational imperative strategic are new-business-venturing, innovativeness of products/services, innovation in the process, self-renewal, risk taking, proactive and competitive privilege. The information collected from sample of middle and top managers from each imperative strategic organizations through face-to-face, consultant sessions, interview, mail and e-mail about the characteristics of the organizations. The characteristics were such as size and industry; about personal characteristics of managers, such as age, formal education, years in the current imperative strategic planning; and about imperative strategic planning positions, such as hierarchical level and functional area. The formal education and experience improve the information available to organizations about managers ' ability and that there will be better matching between employees ' abilities and imperative strategic planning over time. Conditional imperative strategic dispersion increases with formal education and work experience when the imperative strategic equation does not control for imperative strategic planning positions. Furthermore, this conditional imperative strategic

Show More
Related

  • strategic plan

    1586 Words  | 4 Pages

    After analyzing the Coastal Medical Center, it is apparent that the employees and staff have no conception of the mission, vision, and values of this health care facility. In addition to this lack of structure, CMC has many projects in the midst of production that lack support of a common goal, employees are unsatisfied with their jobs, the two boards lack ability to agree on strategic decisions for the organization,, and the medical center has a dismal reputation when it comes to quality care.

    Read More

  • Personal Strategic Plan Paper

    1159 Words  | 3 Pages

    Whether you work in the private or public sector, Emergency Medical Services (EMS) is a business. To run a successful business you must employ the practices of a market leader. Market leadership requires professional development. Through professional development, strategic plans can be learned and then used to improve leadership and the organization as a whole. In the following paragraphs I will discuss the characteristics of an EMS market leader and the role professional development has played and will continue to play in my transition into a market leader. I will also describe my personal strategic plan that I will use to guide me through the first 90 days in my new position as EMS Officer, as well as a plan for any improvement

    Read More

  • Competitive Strategy In Southwest Airlines: Porter's Approach

    821 Words  | 2 Pages

    Many factors are involved and impose sometimes the strategies’ approach that is thought to be the perfect one for the organization.

    Read More

  • Walgreens Strategic Management

    923 Words  | 2 Pages

    Along with the rapid development of economy and society, the companies have to own skills to adapt, cater, and transfer new knowledge, and try to modify their activities to reflect insights. Strategic management evolves

    Read More

  • Sun Microsystems Inc., Customer Focus Is Their Strategy

    1641 Words  | 4 Pages

    Strategic management is the ongoing process of ensuring a competitively superior fit between the organization and its ever-changing environment (Kreitner, G13). Strategic management serves as the competitive edge for the entire management process. It effectively blends strategic planning, implementation, and control. Organizations that are guided by a coherent strategic framework tend to execute even the smallest details of their mission in a coordinated fashion. The strategic management process includes the formulation of a strategy/strategic plans, implementation of the strategy, and strategic control. A clear statement of the organizational mission serves as the focal point for the entire planning process. People inside and outside the organization are given a general idea of why the organization exists and where it is headed. Working from the mission statement, management formulates the organization's strategy, a general explanation of how the organization's mission is to be accomplished. Then general intentions are translated into more concrete and measurable plans, policies, and budget allocations. Implementation is the most important part of the strategy. Strategic plans must be filtered down to lower levels to be success. Strategic plans can go astray, but a formal control system helps keep strategic plans on track. In the strategic management process general managers who adopt a strategic management perspective appreciate that strategic plans require updating and fine-tuning as conditions change. Given today's competitive pressures, management cannot afford to let strategic plans sit as is. A strategic orientation encourages farsightedness. Sun Microsystems Inc. is one company that developed a strategy to become the competitive leader and become the most reliable in the net business. I will explain how Sun's strategy integrates their marketing, management, technology, and service functions into one effective strategy. First I'll discuss who Sun is and what encouraged them to develop their strategy.

    Read More

  • Miller and Friesen: A Model of Organizational Adaptation

    1192 Words  | 3 Pages

    Organizations evolve in a manner that is quite similar to the development of scientific knowledge.They evolve consistenly in accordance with a perspective,strategy, ideology, and mission of their own; concepts that are manifested by an integral alignment or gestalt among environmental, organizational and strategic variables. To reverse and abandon this would be exceedingly costly and would result in many discrepancies and imbalances. Major stimuli is required to prompt a revolution. An important note of caution in interpreting the findings is focus has been on significant general tendencies and not a condition that holds for all historical sequences. The findings represent significant tendencies in the sample. The study has given a small insight into the dynamics of adjustment in the corporates.

    Read More

  • Unilever Strategy and Strategic Decision-making Process

    2962 Words  | 6 Pages

    There are different types of strategic planning that are currently in use, since this is a widely debated area of management. However, it is concluded that there are two main schools of thought, the prescriptive approach or the emergent approach (Lynch, 2012). As defined by Lynch, (2012) prescriptive strategic planning is the term given to a strategy whereby the objective of the strategy is defined in advance and the main elements are designed and develop...

    Read More

  • Omega, Inc. Case Study

    2401 Words  | 5 Pages

    The lack of success at Omega, Inc. rested in the hands of an incompetent sales staff who were not informed of the company’s mission statement and goals. The staff received limited training on the jobs they were to perform. Omega was faced with the challenge of getting the employees to achieve their sales quotas. According to (Aguinis, 2007), “There are two important prerequisites required before a performance management system is implemented: knowledge of the organization’s mission and strategic goals and knowledge of the job in question.” The benefit of superior knowledge of the organization combined with clear and agreed upon mission and strategic goals of their unit would afford employees the opportunity to make contributions that will have a positive impact on the organization as a whole. In addition, one must possess the knowledge of the job in question to execute the tasks necessary to be done and how they should be done. This knowledge is obtained through a job analysis. Omega failed to implement strategic planning throughout all the franchises. According to Aguinis (2007), “Strategic planning allows an organizati...

    Read More

  • Annotated Bibliography To Knowledge Management

    844 Words  | 2 Pages

    This is an excellent and thorough research on innovation and strategic management. The book has clearly outlined the management strategies that should be put in place for a smooth running of business. The authors of this book went forward and gave detailed information on innovative ideas that should be used in the modern businesses. The book has not only given out the management strategies and innovative ideas but also how both can be integrated to develop business organizations. In the book, authors have indicated that managerial strategies

    Read More

  • Strategic Planning as an Ongoing Process

    1417 Words  | 3 Pages

    Canada is a country with well developed health care sectors. The Heart and Stroke Foundation of Ontario set out to change their health care design in order to broaden their funding. This project caused the leadership to rethink how their business worked; when they were done, a new way of running the Heart and Stroke Foundation was born. Through this new thinking, the Heart and Stroke Foundation was able to run in the forefront of health care changes. It was able to review and change their research so that their work would still be effective. Not only that, but the organization needed to be sure their work was turning a return for their donors and those using their services. During this planning process, the Heart and Stroke Foundation of Ontario wanted to achieve three goals: discover the return on their investments in research, assess trends in their research and the surrounding environments, and establish a strategic plan that would guide it through 2020 (Williams, Mabon, & Heim-Meyers, 2006).

    Read More

  • Firm Resources And Sustained Competitive Advantage

    734 Words  | 2 Pages

    All assets, capabilities, organizational processes, firm attributes, etc which are controlled by firms, can be used to implement strategies more efficiently and effectively. These firm resources can be classified into three important categories: Physical Capital- e.g. technologies, infrastructures; Human Capital- e.g. training, experience, worker and manager skills; and Organizational capital- e.g. a firm’s formal reporting structure, formal and informal planning, etc. These resources can be helpful in specific conditions , thereby enabling a...

    Read More

  • Strategic Planning Essay

    1041 Words  | 3 Pages

    The events industry in the UK is one of the most flourishing and lucrative industries in the country. In 2014, the UK events economy had an estimated worth of £39.1bn and employed the equivalent of 430,000 full time jobs. Beyond the statistics, it is important to establish creative and effective management strategies across the event production, planning and operational board, without these, the aforementioned statistics would not be possible to achieve. The essay will identify the absolute necessity of strategic planning and management, health and safety, risk, and financial management, through to the planning and operational processes crucial to the survival of the industry. ‘Typical areas for planning include decisions around a staffing

    Read More

  • The Importance Of Entrepreneurial Orientation In Business

    2464 Words  | 5 Pages

    It is a strategic orientation which embraces the particularly entrepreneurial aspects of firms’ strategies (Bhuian et al., 2005; Covin & Slevin, 1989; Hult et al., 2004; Lumpkin & Dess, 1996; Wiklund, 1999; Wiklund & Shepherd, 2005). Entrepreneurial orientation being a strategic approach, considerably promotes various innovations in the firm. It isconsidered as an important driver to facilitate information relating to innovation and superior business performance (McGrath, 2001). Entrepreneurial orientation refers to “the process, practices and decision making activities that lead to new entry” (Lumpkin & Dess, 1996, p. 136). Lumpkin and Dess (1996) conceptualised entrepreneurial orientation to include risk-taking, proactiveness, autonomy, innovativeness and competitive aggressiveness. Further, Morris and Paul (1987) defined entrepreneurial orientation as the tendency of top management to take calculated risks, to be innovative and to exhibit proactiveness. Entrepreneurially oriented firms modify and transform the environment and enthusiastically execute resources to accomplish uncertain opportunities. “An entrepreneurial firm is one that engages in product market innovation, undertakes somewhat risky ventures, and is first to come up with ‘proactive’ innovations, beating competitors to the punch” (Miller, 1983, p. 771). The advocates of

    Read More

  • The Importance Of Digitalization Strategy

    982 Words  | 2 Pages

    advantage among the competition. Vu (2007) believes that it is managerial structure that drives strategic objectives. Top managers of a company set a broad based plan and the managers of each division or department set more specific plans to fulfill the overarching company goals Before the digital decade, the information

    Read More

  • Corporate Entrepreneurship

    1273 Words  | 3 Pages

    Strategic renewal is another desired outcome of corporate entrepreneurship. The new economic order and business environment has created a pace of change which requires businesses to adapt more frequently and rapidly than ever before. The changes could involve corporate structure, mergers and acquisitions, addressing new market opportunities, changing product portfolios, repositioning, adapting infrastructure, or adopting new technology. Managers in an organization must be able to take stock of its situation under changing market conditions and agree on a coherent new strategy that will meet the challenges of the present as well as of the future.

    Read More

More about Essay On Imperative Strategic Plan

Open Document