Download file to see previous pages...
Despite this, it is difficult to align the strategic map of the business with the corporate strategy that defines the operations of the organization. Corporate strategy, on the other hand, is the improvisation of the organizational working efficiency towards the attainment of the strategic plan through the elimination of waste and production at lowest possible costs (Demeester, De Meyer & Grahovac, 2014).
The operational resources are critical in the attainment of the operational strategy. These resources include the tangible and intangible resources, the operational processes and capabilities. The tangible resources consist of the equipment, materials, facilities and human resource that perform the practical work. The intangible resources, on the other hand are the skills, market relationships and knowledge that determine the quality of production. The operational processes combine the intangible and tangible resources to formulate a coordinated framework of the production procedure (Hill & Cuthbertson, 2011).
The first challenge that the organization encounters in the alignment of operation strategy to the corporate strategy is the agreement on the model of operation. A company can be integrated like McDonalds’s, Holding Company like Tyco International or an Allied Company like the Unilever Company. This choice of operating model defines the relationship of the business and the amount of investments allocated to the company. It is important to understand the operating model because it involves the allocation of funds to various business entities. In the process that the senior management decides to implement the corporate strategy, competitors will launch a model that capitalizes on the company’s large investment in efficiency improvement (Boyer And Lewis, 2002). This may amount to sever losses in the company.
More often, it is a challenge to map the business strategy to the functional alignment because of the
...Download file to see next pagesRead More
First among these is the fundamental legal question of what defines sane and what defines an adult. Although coming to a definition of what defines an adult might be the more easily defined aspect of this argument, sanity is something that requires a gatekeeper in order to determine.
In addition, the boycott is aimed at playing the role of consumer objective, for instance, advocating reduced prices on particular items. Moreover, boycott is utilised to assist organisation realise their
ernationalising a firm is to maximise on profits and capital formation in the foreign market, but all this has adverse positive and negative effects on the local markets mostly with international trade profiting the parent company and exhausting the subsidiary operations. This
Currently, through the internet a retailer can track the shopping data of a customer. According to Gilbert (2003), internet retailing has also resulted in situations where anyone can become a global retailer
Based on the long-held values, in the fight against terrorism ensuring soon after 9/11 attacks, these values have been put on the line by both the Bush and Obama administrations. Through the implementation of political strategies to counter terrorism but at
8 Pages(2000 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Upload later for FREE!