StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Strategic management module - Assignment Example

Cite this document
Summary
Thus, strategic management entails identification and specification of the core objectives of an organisation, development of…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.5% of users find it useful
Strategic management module
Read Text Preview

Extract of sample "Strategic management module"

Download file to see previous pages

In addition, further discussion will analyse the reasons why merger and acquisitions sometimes fail despite their implementation as primary aspects of strategic growth. Morgan Sindall group is one of the leading construction and regeneration companies in the UK. The organization is divided into five major divisions: fit out, construction and infrastructure, affordable housing, urban regeneration, and investments. The company undertakes both public and private work projects. Its key subsidiaries include Overbury, Lovell, Morgan Lovell, Morgan Sindall investments and Morgan Ashurst.

According to its 2013 fiscal report, its annual sales amounted to $ 3454.1M with a net income of $24.9M which marked an income growth of 50% for the year 2013 (Morgan Sindall Group Annual Report, 27-29). According to Simerson, corporate strategy refers to the processes by which an organization creates value through synergy and coordination of its principle operations (p. 17). The primary goal of corporate strategy is to map the ways by which an organization will attain growth by adding value and enhancement of competitive advantage over rival business firms in the industry.

According to Grunig and Richard, development of corporate strategy consists of six elements: organization, businesses, resources, coordination, control and competitive advantage (p. 37). Consequent synchronization of these six elements leads to synergic combination of the chief functional activities that ultimately result to optimum capture and creation of value in an organizational environment. Some of the key tasks in corporate strategy entail acquisition of new business, formulation of investment priorities, implementation of efforts to boost performance and identification of the mechanism of achieving business synergy.

Morgan Sindall plc has established itself a wholesome provider of construction services and affiliated activities. This is exhibited the company’s subdivisions which

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic management module Assignment Example | Topics and Well Written Essays - 1250 words”, n.d.)
Strategic management module Assignment Example | Topics and Well Written Essays - 1250 words. Retrieved from https://studentshare.org/engineering-and-construction/1652877-strategic-management-module
(Strategic Management Module Assignment Example | Topics and Well Written Essays - 1250 Words)
Strategic Management Module Assignment Example | Topics and Well Written Essays - 1250 Words. https://studentshare.org/engineering-and-construction/1652877-strategic-management-module.
“Strategic Management Module Assignment Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/engineering-and-construction/1652877-strategic-management-module.
  • Cited: 1 times

CHECK THESE SAMPLES OF Strategic management module

Module 4,5,& 7 Strategic Management

, strategic management: concepts and cases (10th ed.... strategic PLAN FOR MANDALAY RESORT GROUP 5ReferencesRoss III, K.... [Insert Your First and Last Names][Insert Name of University]strategic PLAN FOR HARLEY-DAVIDSON, INC.... 2AbstractThis paper develops a 3-year strategic plan for Harley-Davidson, Inc.... strategic PLAN FOR HARLEY-DAVIDSON, INC....
3 Pages (750 words) Essay

Strategic Management and Contemporary Level of Competition

strategic management is a process where an organization uses its resources to adapt to the environment in which it operates.... strategic management pattern of every organization may differ from what is obtainable in another; while there may be areas of similarity, certain aspects are uniquely structured out to suit the operation of the organization in concern.... AINING COMPETITIVE ADVANTAGE IN A DYNAMIC INDUSTRYThrough an effective strategic management, an organization can adequately cease the opportunities abounding in the industry where it operates....
11 Pages (2750 words) Essay

Strategic Management mobile communication

O2's management Strategies O2 is a provider of mobile communications services in Europe, with wholly owned businesses in the United Kingdom, Germany,Ireland and the Isle of Man.... Moreover, O2 is in the process of introducing Balance - a new flexible approach to employee benefits designed to help with the management of work/life choices....
2 Pages (500 words) Essay

Operations management

Now that the project has been successfully completed, time has come to look back and reflect on various hurdles and roadblocks that were encountered and dourly overcome while the project was being painstakingly worked upon. The strategic management module was most relevant to… One somehow felt more confident in dealing with the issue of mindless reduction of warehouses by auto majors of Europe while attempting to scale down their which attempted to retain market leadership by focussing solely on improvement of operational effectiveness without paying adequate attention to the overall business strategy of brand positioning and other very important human resource issues as job satisfaction, aggressiveness, motivation, performance, trust and commitment....
40 Pages (10000 words) Essay

Philosophical Issues in Business and Management

strategic management as a system of thought has appeared as a result of the necessity to systematize the already existing knowledge in the field of creating business strategies, and many scholars were able to create whole theories about the instruments of decision making in the… However, it is essential to distinguish the two basic differences in the strategic management research – while one focuses on the research of the content of the strategic management ideas, the other makes the process of strategic management its object, and It is essential to present the expression, which can give and explain the principal roots of the strategic management decision making: Thus, the purpose of the given paper is not only to make the taxonomy of the decision making knowledge in strategic management, but to make it simple, understandable and practical for the use in the further similar researches....
18 Pages (4500 words) Essay

Making Strategy: The Journey of Strategic Management

The author of the paper states that a strategic management module can be learned either through written materials, activities, and case studies that are found in a learning institution.... strategic management is the process meant to draft, implement, and evaluate functional decisions that enable an organization to achieve its long term goals.... Ackermann & Eden (1998) states that strategic management involves the mission, vision, objectives as well as policies designed to achieve these set objectives....
4 Pages (1000 words) Essay

Strategic Management module. Vodafone: Developing a Total Communications Strategy in the UK

The communications industry in the UK has grown over the years and new technology has improved means of communication.... There have been various challenges and factors affecting this growth.... The main… ective of this paper is to look into the key drivers of change in the communications industry in UK, how the four industries compare in terms of attractiveness and the strategy Vodafone should use in order to achieve its goal of being the leader in the industry. Four factors They include deregulation, competition, technology advances and customers....
9 Pages (2250 words) Essay

Strategic Management Plan for Middle-East Television Network

The writer of this report "strategic management Plan for Middle-East Television Network" would provide a particular business management plan, describing its intention, goals, and way of implementation.... Provide quality television network in the Middle Eastern market strategic management Plan for Middle-East Television Network Mission To provide the only credible source of news and popular source entertainment television for viewers in the Middle East, while promoting American Values such as freedom and democracy....
2 Pages (500 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us