CHECK THESE SAMPLES OF Strategy as the Long-Term Direction of Any Organization
Strategy and organization: organization is a relatively broader term and in a long term introduces itself as a stable social framework that exploits the environmental resources and directs them towards a more organized form as a product; it can also be summarised as the social arrangement to distribute tasks to achieve a collective goal.... his technological term depends on three elements of an organization.... Strategy is an action that is needed to direct the organization and its various components to achieve a desired state in the future....
11 Pages
(2750 words)
Essay
he traditional management accounting systems are of minimal use in the preparation of the strategic plans, monitoring of achievement process of predetermined objectives of the organization and performance evaluation of the employees.... This project report is addressed to the Managing Director of Highline co....
7 Pages
(1750 words)
Essay
When we think of long-term direction of an organization we immediately think of strategy.... The term 'strategy' is derived from Greek word 'Strategos' which means generalship-the actual direction of military force, as distinct from the policy governing its deployment.... Matching of the resources and activities of an organization to the environment in which it operates is the basic requirement for strategy.... Strategies exist at a number of levels in an organization....
20 Pages
(5000 words)
Essay
The purpose of strategic planning is to provide management with a framework in which decisions can be made which will have an impact on the organization.... The basic planning problem is how to allocate the organization's limited resources.... The major benefits to be expected from planning include an improved sense of direction for the organization, better performance, increased understanding of the organization and its purpose, earlier awareness of problems, and more effective decisions....
13 Pages
(3250 words)
Essay
A vision is a long-term endpoint where the business organization wants to see itself in a particular duration of time.... Visions are usually drawn in nearly two or three decades for any business organization, and such is its impact that it lasts for a long period.... visionary organization would look to set its objectives in a manner which would be strategically placed and the aims within the working domains would center on relieving the short term gains for the long term benefits....
6 Pages
(1500 words)
Essay
Most of the organizations, at present, utilize the idea of Grand Strategy, which is referred to as a complete and broad ranging plan for the prominent activities of an organization with the help of which it achieves its long-standing objectives within a vibrant business environment (Rogers, Miller & Judge, 1999).... It refers to a filed which deals with the specifications of the development of missions, visions, and plans and policies of the organization with respect to its programs and plans....
7 Pages
(1750 words)
Research Paper
The paper 'The Elements of Strategic Management' presents every organization which is faced with a number of different decisions that it is required to make to enhance their business.... Strategy has been defined as, 'the direction and scope of an organization over the long term, which achieved an advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholder expectations' (Johnson, Scholes, & Whittington, 2006, p....
8 Pages
(2000 words)
Term Paper
offers several advantages to an organization and it gives a largely common sagacity of organizational path and principle.... The present assignment entitled "Strategic direction and the Mission" is focused on the peculiarities of strategic management.... It is a long-term procedure as it always tries for the optimization of future trends for the present....
8 Pages
(2000 words)
Assignment