Studentshare
Subjects
Family & Consumer Science
A Study on Strategic Management as a Determinant of Organization Performance

A Study on Strategic Management as a Determinant of Organization Performance - Dissertation Example

Add to wishlist

Summary

This dissertation "A Study on Strategic Management as a Determinant of Organization Performance" perfectly describes that the performance of a firm depends on both the actions that a firm takes and the circumstances in which the firm takes those actions…

Download full paper File format: .doc, available for editing

GRAB THE BEST PAPER93.1% of users find it useful

A Study on Strategic Management as a Determinant of Organization Performance

Read Text Preview

Subject: Family & Consumer Science
Type: Dissertation
Level: Undergraduate
Pages: 39 (9750 words)
Downloads: 3
Author: veronagraham

Extract of sample "A Study on Strategic Management as a Determinant of Organization Performance"

Download file to see previous pages

The main objective of this research is to understand the importance of strategic management in a business so that organizations can utilize them for improving the efficiency of the business, as well as its employees. The report gives a literature review on the topic and also explains the rationale of the study. It discusses the studies and opinions of many analysts, who have clearly mentioned in their views the connection of the use of business strategies and high-performance work. The research is believed to provide crucial knowledge on the impacts of strategic management as a factor for organizational performance.

Interpretive research methodology has been used in the data collection and analysis. The research approach has been qualitative, where the literature review has been used, and the case study method has been applied. A case study on the Coca-Cola Company in Nigeria has been used for the research purpose, which has helped to answer the research questions. Apart from this, interviews have also been conducted, the records of which have been collected and analyzed. During the entire research program, all the ethical issues have been taken care of, and the purpose and procedures of the study have been clearly declared.

The dissertation explains all the procedures applied for data collection, the results that have been obtained, and a clear analysis based on the examinations has been provided. Based on the analysis, a view has been provided on the importance of strategic management in business organizations and its role in determining organizational performance. AA strategy is a cohesive and harmonized set of obligations and actions planned to develop core competencies and achieve competitive advantage (Sadler & Craig, 2003, pp.9-13). Strategic effectiveness is achieved when a firm successfully puts together and applies a value-creating approach.

While choosing strategy firms make choices among viable alternatives.

...Download file to see next pages Read More

CHECK THESE SAMPLES OF A Study on Strategic Management as a Determinant of Organization Performance

Performance Management and Human Resource Budgeting for H2O Organization

This study focuses on performance management and human resource budgeting for the H2O organization.... The purpose of performance management is to correlate employees' performance with organizational performance.... hellip; performance management is concerned with improvement, employee development, satisfying the needs and wants of the customer, and also satisfying the stakeholders' expectations.... performance management is based in the belief that human resource has unlimited potential....

11 Pages (2750 words) Case Study

Application of strategic planning in an organization

The ability of organization to execute its strategic plans is therefore directly affected by its ability to understand and make a clear presentation of the strategy to the employees, shareholders and managers of the organization.... Many organizations use tools that measure success based on tangible assets whereas constant changes in technology dictate that all business units be linked together to meet the principals of strategic management.... The scorecard concept is built upon good design guidelines for the business units to describe and implement their strategies by mapping strategic objectives into performance in different perspectives which include internal processes, customers, finance and learning and growth....

6 Pages (1500 words) Case Study

Structure and Performance in a Transition Economy

The case study "Structure and performance in a Transition Economy" demonstrates changing the world and organizational circumstances.... Paradox strategy supposes that if the organization wants to win big it should entrust big, but when it commits big it creates the risk of losing big.... Porter argued that it is an unwillingness to make a choice that organizations choose for a hybrid strategy, but rather a diverse and risk-averse approach can be a risk in the organization (Porter, 2008:26)....

8 Pages (2000 words) Case Study

Effective Organization Structure

The paper 'Effective organization Structure' presents McKinsey 7s model which explains how an organization goes about analyzing how well it is positioned to achieve its intended objective.... hellip; Successful organizations are those that have reckoned out the finest way to assimilate and harmonize its key basics, which depends on the model chosen by an organization for a referral.... When organizations approach, ecological forces and the organizational structure itself apt well, such an organization accomplishes well....

9 Pages (2250 words) Case Study

Organization Performance - Google

This paper "organization performance - Google" focuses on the organization performance which is strategically determined and operationally dependent on a few variables of primary importance.... nbsp; … organization performance is defined as a broad theoretical construct that encompasses those activities that organizations perform such as production, customer care, coordination, interaction with other business entities.... Thus the strategic process of organizational performance is characterized by such dimensions as productivity or efficiency....

16 Pages (4000 words) Case Study

Performance & Reward System - Ericsson Company

The system of performance management starts when employees have… clearly defined duties in the workplace and ends upon termination, resignation, retirement or any other time that an employee becomes detached from the organization.... The purpose of the literature review is to help in understanding performance management.... he paper is a critique of the performance and reward system in the organization, which highlights the strengths and weaknesses of performance and reward system in the company....

7 Pages (1750 words) Case Study

Strategic Management in Hospitality

This theory of Schein (1985) has linked the culture and business performance of an organization.... nbsp; Culture has a significant role in an organization considering that it is a lifetime result of weaknesses, strengths, failures and past experiences of people.... It is often cited that if an organization is planning to implement change, it must first understand its culture.... he result of the survey explained the culture transformation model wherein in order to have the change process successful there should be a change of top management and an increased sense of crisis (Kono & Clegg, 1998, p....

8 Pages (2000 words) Case Study

Strategic Management Process: Starbucks Corporation

This study "strategic management Process: Starbucks Corporation" considers providing training to various employees in various departments in preparation.... hellip; strategic management is an effective managerial tool necessary in any organization aiming at succeeding, or realizing competitive advantage in the market.... strategic management is described as a set of managerial actions and decisions that are significant in determining the long-term performance of an organization (Thenmozhi, 2014)....

11 Pages (2750 words) Case Study