Nobody downloaded yet

Implementation, Control and Evaluation of Strategic Decisions - Term Paper Example

Comments (0) Cite this document
Summary
This paper describes how strategic planning is utilized for multinational firms, evaluating various methods of execution, evaluation, and control required for successful planning efforts.  And Does the foreign buyer have any preconceived notions of doing business with a representative from a Westernised country?…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.7% of users find it useful
Implementation, Control and Evaluation of Strategic Decisions
Read TextPreview

Extract of sample "Implementation, Control and Evaluation of Strategic Decisions"

Download file to see previous pages If the business leader determined through a careful analysis of potential forces that the business was about to face increased competition from a new entrant, the strategist would want to look at how the company is actually entering. Are they utilizing promotional material which is congruent to the needs of the buying community? Is their product actual superior to the firms? Has the business partnered with any other business to enhance the image of their product? Though not every multinational business maintains a specific sales product, it is important to fully understand what might drive risk to the business’ long-term competitive position and work to combat these problems with continuous planning and assessment. Whenever the analysis uncovers opportunities for improvement, and the executive leader is prepared to change processes or policies to achieve them, strategic planning has added value to the business.
      Though the PEST Analysis and Porter’s Five Forces models are not the only viable methods available for strategic planning, these models do tend to highlight the majority of situations which a multinational enterprise is likely to encounter in the process of doing business both domestically and in foreign environments. They provide the strategic planner with the opportunity to asses all aspects of business relationships from the supplier right to the seller in order to recognize where weaknesses exist in the entire value chain for the business.
       The implementation of the strategy is largely determined by the culture which exists within the organization and the specific goal which the company is trying to achieve.  Malek and Narayanan (2008) offer that the structure of the business will dictate whether the strategy can be implemented effectively. For the instant, flat hierarchies without a great deal of middle management leadership are generally effective at motivating staff under perceptions of increased autonomy. When strategic decisions have been made and policies are expected to be complied with, the executive leader will require the assistance of junior-level managers to ensure that the multinational business needs are fulfilled. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Implementation, Control and Evaluation of Strategic Decisions Term Paper, n.d.)
Implementation, Control and Evaluation of Strategic Decisions Term Paper. Retrieved from https://studentshare.org/business/1718763-why-is-improtant-for-these-mnes-to-have-a-well-formulated-strategic-plans
(Implementation, Control and Evaluation of Strategic Decisions Term Paper)
Implementation, Control and Evaluation of Strategic Decisions Term Paper. https://studentshare.org/business/1718763-why-is-improtant-for-these-mnes-to-have-a-well-formulated-strategic-plans.
“Implementation, Control and Evaluation of Strategic Decisions Term Paper”, n.d. https://studentshare.org/business/1718763-why-is-improtant-for-these-mnes-to-have-a-well-formulated-strategic-plans.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Implementation, Control and Evaluation of Strategic Decisions

Implementation and Evaluation Plan

...? Section D: Implementation Plan In the initial stages of this intervention, a program deign was made. Decisions were made based on the content, level of intensity and relevant issues to be addressed in the intervention program. Indeed smoking among nurses is a problem that has persisted for long, yet little has been done to mitigate it and its effects to this group of smokers. This plan for the implementation of the program actually does translate the design into a very effective operation that could alleviate the problem or reduce it to a greater extends. During planning for the implementation process, precision of relevant details and focused execution is of essence....
6 Pages(1500 words)Assignment

Implementation and evaluation plan

...insignificant, at a financial cost that is modest. Additionally, randomized controlled trial for three hundred and six military veterans having BD evaluated an intervention comprising of augmentation of self-management skilled patients through psycho education. Consequently, simplified practice guidelines was used in the evaluation by provider decision support and augmented access and information through coordination of nurse care. The evidence brought a substantial rise in evidence-based options of treatment for bipolar disorder. Epidemiologic evidence shows that MDD affects eleven percent of the Canadian population. MDD has a crucial impact on the general health,...
4 Pages(1000 words)Assignment

Strategy Implementation and Control

..." (the senior management team that is responsible for running both companies). 1. What are the pros and cons of this implementation strategy The pros are that each company can operate independently but both companies can be evaluated in a strategic way. Independent operation is particularly good in case the companies have highly defined market segments so operating independently helps them to build their market share further. Another advantage is that there will not be any cultural clashes since these companies do not share the same roof. The disadvantage is mostly for the manager since s/he has to adapt his/her style to different cultures and his/her strategy to the different...
4 Pages(1000 words)Essay

DSS Implementation and Evaluation

...for easier monitoring via the computer system. Using this functional and structural integration, it will be easy for the DSS to pick up various decisions making needs and prompt the management to act on a number of options that the system has. This will be the case for patient care processes, employees monitoring and welfare needs as well as the facility control and management decision making inputs. Connecting all the decision making needs to a central detection system will facilitate the building phase to be completed. Testing Testing the workability of the DSS will include various phases of implementation to avoid a system failure or clash disabling...
3 Pages(750 words)Research Paper

Management decisions & control

...Management Decisions & Control: A Case of Lululemon limited. Your full s of Department Lululemon limited was founded by Chip Wilson who had twenty of years of experience operating a snowboard, skate and surf company. This was following an observation made while taking Yoga classes later in 1990 that cotton clothes that in use for sweaty and stretchy power yoga were not appropriate. Wilson had a lot of passion for athletes’ wear and this was he transformed into a small workshop to design apparel which became a yoga studio. He had a goal of running a store in Vancouver and the main motivation was his consideration for personal lifestyle. The company has indeed grown to become a market leader in the retail...
2 Pages(500 words)Research Paper

Management decisions & control

...performance is enhanced. Monitoring and evaluation with a perspective ready to effect change is also necessary to cause performance enhancement. There are various other drivers to performance besides cooperation. First, the business school and all the players in it must be committed towards the achievement of the common goals. Lack of commitment leads to failure in some pillars that support performance of an institution hence leading to overall failure. Secondly, management process must be fully implemented to ensure performance is possible (Howitt & Mcmanus 2012, pp 25-35). The managers undertake planning and communicating the common goal and the responsibilities of each player. They also monitor the...
2 Pages(500 words)Essay

Decision Evaluation and Implementation

...Decision Evaluation and Implementation Decision Evaluation and Implementation Alan Mulally Alan Mulally, former Chief Executive and President at Ford Motors is a known leader for creating a constructive decision environment through his openness. The former big boss at Ford ensures he carries out a detailed assessment of a company to find the basis of decision making and implementation. One area where he finds his strength from when he gets into a new company, is the fact that, he never gets discouraged by other people who feel that he wouldn’t manage. Alan ensures that he assesses that...
3 Pages(750 words)Assignment

Project Design, Implementation & Evaluation

...implementation stage (Leffingwell & Widrig 2003, p. 54). 1.5. Factors Leading to the Selection: Use of Microsoft Access Data Base There is a wide range of choices of database tools to use in the design of the Micron Software, such as SQL server, MySQL and Oracle. The choice of MS access for the Micron system is driven by the following properties. 1.5.1. Portability and Simplicity The reason for choosing MS access is because it is portable and does not require any complicated server configuration to operate. This makes the connectivity between MS Access and the Visual studio tools faster. 1.5.2. Technical Vendor Support Secondly, being a Microsoft product, it receives support from Microsoft Corporation online, on the use...
14 Pages(3500 words)Essay

UA Strategic Audit Executive Summary: Implementation and Evaluation & Control

...of products and best customer-oriented approach to production, the trust and attraction of new while maintaining available customers will increase effectively (Gopalakrishna 5). UA should produce unique running shoes. A focus on the independent suspension system will enable them cut through their niche into a wider market share. Since the company made a decision to produce running shoes, they have to implement the best design to beat their competitors who have a larger market share in the running shoe category. The market has been introduced to Nike and Adidas products, which are worthy competitors and specifically produce sports ware. UA has employed various manufacturing facility through the lease...
3 Pages(750 words)Case Study

Family implementation evaluation

...Family Implementation Evaluation al Affiliation Introduction In week 6, I identified the heart related diseases facing Kendall County as a result of the high incidences of alcoholism and smoking among community members. Information from county officials indicates that the county is recording a high incidence of alcoholism and smoking due to the high levels of poverty. More than 60 percent of the population is unemployed with less than 35 percent of the workforce. High unemployment rate is an indication that the majority of the people live below the poverty. Consequently, most of these people have resorted to the use of alcohol and smoking in an effort to fight the frustration of not having a job. To curb...
3 Pages(750 words)Assignment
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.

Let us find you another Term Paper on topic Implementation, Control and Evaluation of Strategic Decisions for FREE!

Contact Us