StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Managing Organizational Strategy - Essay Example

Cite this document
Summary
Executive Summary Organizational strategy has of late become an essential element for good performance in organizations. Organizations and companies have realized that for them to achieve success in their business operations they have to embrace organizational strategy…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98% of users find it useful
Managing Organizational Strategy
Read Text Preview

Extract of sample "Managing Organizational Strategy"

Download file to see previous pages

The company has been in operation since its establishment in the year 1911 and has had its 30% shares owned by the Thornton family. The company’s products mostly include chocolates, toffee and fudge, though it also deals in candies among other stuff (Smith, 2001). It has been committed to delivering quality products. It is led by Peter Burdon as the chief executive and boosts of at least 500 retail shops in over 568 countries across the globe. Part A: Strategic Position of Thornton External Environment: PESTLE Analysis Quite involved is the external environment of Thorntons Company which is associated with a number of activities.

Its external business environment has suppliers, customers, competitors, as well as a number of regulations which are of direct influence to its business operations. The company has made efforts to ascertain that its ultimate role and purpose as regards its immediate environment enable it understand its position and place in the entire chocolate industry (Treanor, 2000). The company has therefore acquired a stable position in its business environment alongside suiting its capabilities and resources.

The company has also been able to align itself towards different needs form various governments. The same has been its case with regulations and legislations in its various markets in different countries within which it operates. In terms of economy, Thorntons Company has been stably placed in the market and it has been seen to be favored by trends in interest rates. Its employment is also well supplied and viable as far as its business operations are concerned along with reliable income distribution which is pinned on the same (Lee, 2001).

The company has also been stable in it market amid inflations and recessions which have of late struck the entire global economy. In addition, Thorntons Company has been in the forefront in regard to corporate social responsibility. This is depicted as having positioned it well in terms of its relationship with the communities within which it does operate. Jenkins (2001) observes that this has also been the trend with people’s eating habits which have been seen to incline more and more to Thorntons Company products even in foreign markets.

The company has therefore been able to influence a magnitude in its business environment. It has also adopted technological approaches such as in its products’ preservation and packaging. Its link to suppliers has also been electronically enabled hence efficiency (Cyert and Williams, 1993). The company also embraced internet sales and marketing of its products, as well as branding of the same. This has made easy and enhanced its operations especially following the fact that it is operating within a competitive market alongside helping in its management of data and information.

Putting basis on environment and natural resources conservation, Thorntons Company has also been an advocate for green consumerism as have been identified with its operations and business activities (Edelman and Suchman, 1997). It has embraced recycling as well as environment sound and friendly packaging systems alongside energy efficient systems in its operations. Legally, the company has also been able to adhere to stipulated legislation requirements in various countries it has business in.

this is evident in terms of health and safety requirements, in its planning systems and employment requirements. Strategy Capability Analyses: Using Value Chain to

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Managing Organizational Strategy Essay Example | Topics and Well Written Essays - 4250 words”, n.d.)
Managing Organizational Strategy Essay Example | Topics and Well Written Essays - 4250 words. Retrieved from https://studentshare.org/management/1448361-managing-organizational-strategy-thorntonyies
(Managing Organizational Strategy Essay Example | Topics and Well Written Essays - 4250 Words)
Managing Organizational Strategy Essay Example | Topics and Well Written Essays - 4250 Words. https://studentshare.org/management/1448361-managing-organizational-strategy-thorntonyies.
“Managing Organizational Strategy Essay Example | Topics and Well Written Essays - 4250 Words”, n.d. https://studentshare.org/management/1448361-managing-organizational-strategy-thorntonyies.
  • Cited: 0 times

CHECK THESE SAMPLES OF Managing Organizational Strategy

Managing Change Master Case Study

hellip; It will look at the respective reasons why people are resistant to change and the various methods to use in managing and motivating them to accept the change process.... The following project titled 'Change Management Plan for XYZ' is aimed at examining the change management project that took place in XYZ....
13 Pages (3250 words) Case Study

Employee Participation Schemes in Improving Organisational Performance

Among their key characteristics: Group members have the same job position or title; group-member roles are formalized; group meetings are regular and frequent; the group has a charter stating its mission and domain; and the group is self-managing, in that it is responsible for managing its processes and output....
8 Pages (2000 words) Coursework

Organization Development

According to Choo (2001), scanning or browsing behavior is influenced by external factors such as environmental turbulence and resource dependency, organizational factors such as the nature of the business and the strategy pursued, information factors such.... Many types of interpersonal, intra-group, inter-group, and organizational interventions that are used to effect comprehensive and lasting changes will be analyzed.... organizational situations that would benefit from organization development interventions will be identified....
8 Pages (2000 words) Essay

Organizational Culture and Corporate Strategy

This paper "Organizational Culture and Corporate strategy" focuses on the fact that corporate strategy in effect maps out the businesses in which an organisation intends to compete in a way that focuses resources to convert distinctive capabilities into a competitive advantage.... nbsp;… Andrews defines corporate strategy as “the pattern of decisions in a company that determines and reveals its objectives, purposes, or goals, produces the principal policies and plans for achieving those goals, and defines the range of business the company is to pursue, the kind of economic and human organisation it is or intends to be”....
6 Pages (1500 words) Case Study

Large Corporations Managing Change

organizational change is a very important term from the perspective of management.... So, the linkages between organizational change and the factors that play a vital role in the business environment of the firm need to be assessed.... Mills and Mills write in their book Understanding organizational Change that the operations of a company, as well as other organizations, are affected by a variety to environmental factors such as leadership change, mergers, and acquisitions, downsizing, introduction of new products, industrial disputes, political and legal climate, changing consumer preferences and technology3....
10 Pages (2500 words) Assignment

Managing Organisational Strategy

This essay presents the current strategy of the company which is to serve the customer with highest value and engaging the company in a number of social activities that helps the firm in building a positive image and position the brand as the one who feels responsible towards the society....
20 Pages (5000 words) Essay

Objectives and Purpose of Leadership and Management Development

In this context, dership and Management Development (LMD) must be aligned with organizational strategy, because effective leadership aids in developing an effective culture, so that the employees and leaders are able work in a collaborative manner to accomplish the organization goals.... Leadership is one of the major organizational processes, as this factor is identified to be associated with performance, organisational culture and productivity.... Leadership can be defined as a motivation factor through which leaders are able to motivate the junior employees to perform their tasks effectively to attain the organizational goals....
12 Pages (3000 words) Coursework

Implementing Strategy and Managing Change in Lancaster Fire Fighting Organization

As the paper "Implementing strategy and Managing Change in Lancaster Fire Fighting Organization" outlines, in Lancaster fire fighting organization, change is faced with some resistance from the staff, since they believe that their line of duty is outlined in their legislation.... Strategic change often involves big organizational projects such as the development of a new technology or information system, acquisition, or entry into a new market.... Reinforcement stage and calls for organizational reinforcement to sustain the changes....
4 Pages (1000 words) Case Study
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.
Contact Us