Wall Street Journal - Article Example

This is because strategy is meant to fill in the need of organizations for a sense of dynamic direction, focus, and cohesiveness.

     Members of the union and other New York City building workers rallied for a wage increase and voted for the authorization of strike if the negotiations broke down. Security guard Michael Dawson stated, “We should not be struggling in the richest city.” This means New York is a competitive market place hence for the union to operate successfully they should learn how to adapt to a continuously changing business environment.

     In addition, the business policies should be dynamic, continuous, and goal-oriented. For instance, in the article, the striking workers demanded increased wages to protect health and pension benefits which is also a goal the union tends to achieve. A change in any one of the major components in the strategic management model can necessitate a change in the others (65)