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Strategic Management - Essay Example

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Strategic Management Strategic management mainly consists of analysis, decisions and action undertaken by an organization in order to make and sustain competitive advantages. Strategic management is concerned with vision, mission and strategic objectives along with the internal and external environments of the particular organization…
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Download file to see previous pages This resulted into deforestation. In Autocratic or Authoritative management style, the senior managers take all the important decisions without considering the involvement of workers. Senior managers do not trust their workers; they simply give orders to them. The disadvantage of Autocratic style of management style is that there is only one way communication, and this creates “them and us” attitude in between managers and workers. In FC, the organizational structure was hierarchical too. So, there was a wide gap between top to bottom order. Due to this kind of command and control system, workers just did only what they were told to do because of fear. Centralization is a system in which the concentration of decision making lies in few hands only. All the important decisions are subjects to the approval of top-level management and other levels can implement these decisions as per the directions of top level managers. On the other hand, decentralization means systematic delegation of authority to all levels of management and to all departments of an organization. In 1995, David Bills was appointed as the Director General of FC. One notable point about him is that he is an outsider from Australia. Environmental concern is one of the big issues in front of FC. Few groups raised environmental issues against FC; they accused FC of lack of awareness in various environmental and animal right issues. It became very crucial to FC’s economic survival. Nowadays, the term 'corporate social responsibility' is much closer to all organizations. Corporate social responsibility refers to the way companies integrate environmental, social and economic concerns into their values and operations in an accountable and transparent manner. It is related to long term growth and success of the organization. It plays an important role to contribute to the sustainable growth of communities. It became a responsibility of any organization to foster and promote corporate social responsibility. Another problem in front of David Bill is to change the FC’s culture. It is more difficult to change the existing culture than create a new culture in a new organization. When an organizational culture is already there, it is difficult for people to forget their old behavior, beliefs and assumptions and to adapt a new behavioral pattern. In business world, one thing can be least assured, which is change. If any organization experiences changes, resistance among employees is common. Executive support and training are most important elements to create a cultural change. When David Bill joined the organization, he found a very challenging task in the organization and that was to boost the morale of employees, who had a very low morale and they considered the organization to be a ‘sinking ship’. For him, the most important task was to raise the morale of the employees and to employ them as profitably as he could in the organization. The main aim of the FC was to rebuild and maintain the timber reserves. But the organizational structure was highly influenced by the “hierarchical military systems of the time and the use of military language” (McCann 2004, p. 949). Hierarchical system in an organization allows for understanding the direct line of authority. There should be a line of authority. ...Download file to see next pagesRead More
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