A study on strategic management as a determinant of organization performance - Research Proposal Example

Download file to see previous pages This research proposal is related to the strategic management that assists in determining the organizational performance. Therefore, the proposal will begin with the research objectives and aim of the overall study. It will also try to focus on the literature review and case study method in order to support the research objectives and solve the research problem. Literature review is conducted in order to summarize the research based knowledge for practice or to support for the development of the study in order to increase the evidences that is required to guide the practices. It is important to take into account the research methodology while conducting the research. Research methodology can serve as guidelines for the research. It provides the researcher the opportunity to study the subject in depth and therefore make sound decisions. Time table plays a significant role to understand the actual time that will be required to effectively complete the project. Therefore, in light of this fact a Gantt chart will be prepared that will help the researcher to work according to the schedule. Aim and Objectives of the Study The main aim of this research study is to identify the strategic management as a determinant of the organizational performance. Through this research proposal, the productivity of the employees in the organization can be increased and they can work in an efficient manner. However, the objective is a bit different. The main objectives of this proposed research study would be to assist in decision making and actions with the aim to improve the short term performance of the organization. The other objective of the study would be to identify the various strategies that can help the organization to cope up with any kind of situation and improve the performance of the organization. The study will help the organization to cultivate a proactive management culture that will enable them to take advantage of the opportunities that lie in its operating environment. Literature Review and Rationale for the Study According to Joyce & Woods (2001), strategic management can be defined as the pursuit of the superior performance in the organization by the usage of the strategy that would ensure matching the corporate strength to the needs of the customers (Joyce & Woods, 2001). Strategic planning helps the organization’s members to concentrate on individual endeavor in order to convert into a team effort. The strategic management can assist in the development of the total quality management and the enhancement of the objective based performance appraisal system. According to Hitt & Et. Al. (2001), managers pay attention when they are confronted with important information regarding the organizational performance. When the changes in the performances are unexpected then it prompts search for explanation. If there is continuous negative performance then the management needs to change either the strategy or the structure (Hitt & Et. Al., 2001). According to Jauch & Kraft (1986), the environmental uncertainty has been recognized as one of the variables that help in the explanation of the organizational performance and equilibrium. It has been assumed by most of the ...Download file to see next pagesRead More