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Strategic management and why it is critical to the success of an organization in meeting its goals and mission
Benefit of strategic management in organization
The Strategic Management Process
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Recommended: Strategic management and why it is critical to the success of an organization in meeting its goals and mission
Teach For America is a nonprofit organization that recruits college graduates and professionals to teach for two years in the neediest communities in the United States. Wendy Kopp came up with the idea of Teach For America while writing her thesis during her senior year at Princeton in 1989. Kopp may have been successful with the program, where others such as the Department of Education, state and local government, even the National Parent Association were not. This success was accomplished by first establishing a clear and concise mission that appealed to many young people, who themselves wanted to give back to their community. Secondly, she made the hiring process highly selective. By making TFA highly selective changed the social perception …show more content…
The strategic management process describes the method by which Koop conceived of and implemented a strategy that lead to a sustainable competitive advantage. Strategy, by definition, is an organization’s plan that allow them to accomplish their desired mission. By applying the frameworks and concepts of strategic management Teach For America achieved its mission of enlisting, developing, and mobilizing as many as possible of the nation’s most promising future leaders to grow and strengthen the movement of educational equality and excellence. TFA is the First of its kind: a “twenty-first century hybrid”, writes Donna Foote, author of Relentless Pursuit: A year in the Trenches with Teach For America. TFA developed a mission to end educational inequality, and needed a strategy that made a statement to the world. Kopp decided upon an aggressive recruitment strategy, one that consists of recruiting the most recent gifted graduates and professionals in the country to teach for two years in areas educationally challenged and TFA would make teaching in low-income communities more appealing; “surrounding it with and aura of status and selectivity”. A clear and concise strategy is vital to any organization, first it helps create a competitive advantage, positioning the company. Second it gives clear guidance to what the mission, goals, and value of the company are. The application of the strategic management process has allowed success and growth for
The article "Let`s Really Reform Our Schools" by Anita Garland discuss the trouble faced by American High Schools. According to her, students are more concerned about their looks than learning, and this results in poor academic performance. She states that there is a need for American High Schools to be completely restructured. The worst students must be kicked out of the schools because they are troublemakers, and they distract others, which includes their fellow students, teachers, and administrators. Troublemakers lack fear of suspension from school, and suspension from school doesn’t improve their behavior. Troublemakers do not care about punishments at all. After all, they don’t want to be in the school, and they are not learning anything
In Diane Ravitch’s essay, “The Essentials of a Good Education,” she explains how schools in 2008 made budget cuts on a variety of if important subjects in school, such as history and science, in order to spend more time on tested subjects like mathematics and reading. Ravitch believes that public schools are forsaking the importance of life and social skills that every student needs. A child’s knowledge should not be rank, rated, or labeled, according to Ravitch, because “it does not measure their character, spirit, heart, soul, or potential.” Ravitch blames reform programs such as “No Child Left Behind,” which requires states to test children’s basic skills, on the cuts made in important subjects, which she believes are key components of education. She also said that educated parents would not want their children going to a school
According to Carl Singleton, author of the article, “What Our Education System Needs Is More F’s”, many of the problems plaguing the American educational system could be solved if teachers would begin to give failing grades to students who deserve them. He attributes the practice of inappropriate grade assignment on poorly educated teachers, uninvolved parents, and an ineffective administration; in addition, he contends that until educators begin to liberally disperse the grade of F to all of the students who deserve them, no other reform will work. He believes that widespread distribution of F grades will result in teachers, parents, and the educational system, taking responsibility for the failure to educate America’s youth. Examination of Singleton’s article reveals his
After watching the Teach Us All documentary on Netflix, it opened my eyes to many of the issues regarding educational inequality. The study looked at schools in Little Rock, New York City, and Los Angeles to show us the current state of U.S. education and how far we have come since the school desegregation crisis. The thesis of this documentary is that since the efforts of the Little Rock Nine, our belief is that educational inequality has improved when in reality, it hasn’t improved and the actions of our country have had negative effects. Teach Us All emphasizes the need for unity and collective action to improve our education system for the kids in poor communities that are in the most need. Our country has devoted all the resources to the middle and upper class for education and are taking money away from where it needs to
Dess, G. G., Lumpkin, G. T., Eisner, A. B., & McNamara, G. (2012). Strategic Management: Text & Cases (6th Ed.). New York, NY: McGraw-Hill.
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.
Thompson, A. A., Strickland, A. J., & Gamble, J. E. (2008). Crafting & executing strategy: The quest for competitive advantage (16th ed.). New York: McGraw-Hill Irwin.
For anyone who has ever gotten and F and cares about their grades can put a huge deal of stress on them. With an F hanging over there shoulders it can lower there self esteem so much to them thinking that they will never get the concept or are plain out just not intelligent. Some teachers don't like to see there students fail and will go to an extreme of curving or altering grades so they don't have to deal with it and will just pass the student. Is this in fact a way to make our education system better or lead to illiteracy in the world? In the article “What Our Education System Needs Is More F’s by Carl Singleton he states the idea that allowing any student to pass when they are not ready is a heavy factor on why incoming college students are illiterate.
“The progress of the world depends almost entirely upon education” quoted by George Eastman. On average, 49% of high school students are experiencing a great deal of stress on a daily basis and approximately 8 out of 10 college students are also experiencing stress on a daily basis. Now imagine implementing, that if you do not 100% master criteria you will receive an F and kept at the same level until you've met all criteria flawlessly. Carl Singleton, author of “What Our Education System Needs is More Fs” believes in implementing just that to eliminate illiteracy among high school and college students. Also to enhance the quality of American education.
Hitt, M., Ireland, R. & Hoskisson, R. (2010).Strategic Management: Competitive and Globalization, Concept and Cases. Mason, Ohio: Cengage Learning
For a child in America, going to grade school from the time that they are 5-years-old is a relatively natural aspect of their life due to the norms of today’s society. Although it may not be possible for every individual due to other situational reasons, proceeding to seek higher education after one graduates high school is also conventional to life. In today’s generation everyone, no matter their demographic, is required to attend grade school until the age of 18. Also, everyone is provided with the opportunity to seek higher education being that scholarships are available to attain. This has not always be the case for American’s, especially not for those who lived in the years before 1877. There are many aspects of modern day American education
A strategy, according to Robbins and Barnwell (2002, p. 139) is “the adoption of courses of action and the allocation of resources necessary to achieve the organisation’s goals”.
Strategy formulation is the process of establishing the firm's mission, goals, and choosing among alternative strategies or plans; it involves and implies that preparing the best approach to respond to the circumstances of a firm's environment, whether or not its conditions are known in advance; being strategic and tactical, then, means being clear about the management's aims; being aware of the company's resources, and incorporating both into being consciously responsive to a dynamic environment (SM, 2010). As nearly all businesses have limited resources, top leaders and management must determine which alternative plans or strategies will do well to the organization most; strategic management requires attention to the big picture and the motivation to adapt to circumstances, and consists of the following aspects:
What I benefit from this course strategy management class is knowing. The strategic management is consisting of the analysis, decisions, and actions an organization undertakes to create and sustain competitive advantages. strategic management analyses. concern with overall objectives, involves multiple stakeholders, incorporates short and long term perspectives, recognizes tradeoffs between effectiveness and efficiency. The strategic management analysis, formulation, and implementation the challenge managers face of both aligning resources to take advantage of existing product markets as well as proactively exploring new opportunities.
Strategic management is the “identification of one or more sustainable competitive advantages a firm has in the markets it serves (or intends to serve), and allocation of resources to exploit them” (Business Dictionary, 2016). In order for industries and organizations to thrive, they must have strategies in place and strategic management processes to stay competitive, profitable, attractive to stakeholders, and to sustain advantages that set them apart from other competitors (Barney & Hesterly, 2015). The strategic management process involves a set of procedures that lead to choosing a strategy that will eventually lead to competitive advantage (Barney & Hesterly, 2015). The six steps of the strategic management process involves defining