Strategic Management Concepts The Current Research Proposal

I will also seek opportunities to learn from experts within my own company. The second component is that I wish to develop a strong competency in technology. The role of information technology in modern management continues to increase and I will seek to develop a competitive advantage through continuous improvement of my technological skills. I will implement this part of the strategy my taking coursework and engaging in extensive study of the industry on my own time. The second key strategy will be that I will build strong communication skills. Strong leadership is one of the most important traits in management today. It is therefore imperative that I build a competitive advantage in terms of my leadership and communication skills. I will implement this strategy by taking courses to improve my communication and leadership skills, by benchmarking myself against those who I feel are better at these aspects of management, and seeking evaluation from my own company with regards to these skills.

The third key strategy will be to foster strong relationships with my superiors. This will help me to create opportunities for myself. I want to be able to move quickly up the corporate ladder in accordance with my skills. This will require me to find mentors and supporters within upper management ranks. Their knowledge and insight will also help me to improve my leadership, communication and functional skills. I will implement this strategy by attending corporate functions, by networking within the office, and by becoming involved in different committees and teams within the company.

In order to help achieve...

...

I will need to evaluate my career positioning and skill development every six months. During this process I will evaluate my progress relative not only to my original objectives but also with respect to the current external environment. I will look for deviations in terms of outcomes, and develop plans to address those deviations. I will also monitor the fit between my strategy and the external environment. Changes in the environment can lead to new opportunities or new threats. Understanding the position I am in with respect to these threats and opportunities will help me to make better adjustments to my strategy. This monitoring process is critical because I expect that the environment will change and therefore my strategies and visions will also need to be continuously updated.
Works Cited

Thompson Jr., Arthur a.; Stappenbeck, Gregory J.; Reidenbach, Mark a. (2008) "The Business Strategy Game: Competing in a Global Marketplace" McGraw-Hill.

No author. (2007). SWOT Analysis. QuickMBA. Retrieved December 3, 2008 at http://www.quickmba.com/strategy/SWOT/

Barrett, Emily & Bater, Jeff. (2008). "Service-Sector Contracted in November" Wall Street Journal. Retrieved December 3, 2008 at http://online.wsj.com/article/SB122831050293675589.html?mod=googlenews_wsj

Coombes, Andrea. (2008). "Glum Outlook on Jobs." Marketwatch. Retrieved December 3, 2008 at http://www.marketwatch.com/news/story/slide-hiring-plans-worst-20/story.aspx?guid={692FAA6C-1CEC-440D-82FF-0DB56D16853E}

Sources Used in Documents:

Works Cited

Thompson Jr., Arthur a.; Stappenbeck, Gregory J.; Reidenbach, Mark a. (2008) "The Business Strategy Game: Competing in a Global Marketplace" McGraw-Hill.

No author. (2007). SWOT Analysis. QuickMBA. Retrieved December 3, 2008 at http://www.quickmba.com/strategy/SWOT/

Barrett, Emily & Bater, Jeff. (2008). "Service-Sector Contracted in November" Wall Street Journal. Retrieved December 3, 2008 at http://online.wsj.com/article/SB122831050293675589.html?mod=googlenews_wsj

Coombes, Andrea. (2008). "Glum Outlook on Jobs." Marketwatch. Retrieved December 3, 2008 at http://www.marketwatch.com/news/story/slide-hiring-plans-worst-20/story.aspx?guid={692FAA6C-1CEC-440D-82FF-0DB56D16853E}


Cite this Document:

"Strategic Management Concepts The Current" (2008, December 03) Retrieved April 25, 2024, from
https://www.paperdue.com/essay/strategic-management-concepts-the-current-26188

"Strategic Management Concepts The Current" 03 December 2008. Web.25 April. 2024. <
https://www.paperdue.com/essay/strategic-management-concepts-the-current-26188>

"Strategic Management Concepts The Current", 03 December 2008, Accessed.25 April. 2024,
https://www.paperdue.com/essay/strategic-management-concepts-the-current-26188

Related Documents

Strategic Management Concept: Outsourcing Strategic Management: Ourtousrcing Definition of outsourcing Outsourcing is defined as the contracting another person or company to perform a specialized function (Lacity and Hirschheim, 1993). Outsourcing can also be defined as contracting out a business process to a third party. In the current business environment, all business will outsource in some way. The term outsourcing not only refers to the large contracting of firms to perform specific functions, but

Strategic Management The concept of strategic management is one that is highly important to organizations around the world (David, 2009). It involves taking a look at the top management of a company and the resources that management team is using on behalf of the company's owners and in order to show a specific level of performance. The mission, vision, and objectives of the organization must be examined, and it is necessary

Management Consultant Coca-Cola Company is the leading soft drink and beverage company across the globe that has constantly achieved tremendous success and profitability throughout its operations. The company's success and profitability throughout the years can be attributed to effective management strategies of its business operations. This has contributed to a strong reputation that has not only attracted a huge customer base but also resulted in enhanced performance. The success and

In other words, he must come up with a way to collect the tax, as through affixed transit tax. Since he has already come up with the idea for a fixed tax, he must now take steps to implement it successfully. One method of achieving this is first to gain the following of his Merrymen in acceptance of the tax. They must be able to demonstrate to the farmers,

Management, Strategic Management Theories and the Linkage with Organizational Competitive Advantage from the Resource-Based View Accurate comprehension of the article = blue Critical analysis of the strengths and weakness of the ideas, concepts or theories = yellow * Provision of specific comments in the form of criticism, disagreement, synthesis, paradox, curiosity or genuine confusion= green Management, Strategic Management Theories and the Linkage with Organizational Competitive Advantage from the Resource-Based View Using a thorough analysis of

3) Firms who work together to achieve a shared objective are using a cooperative strategy [of one sort or another]. Discuss the key reasons that some firms choose to use a cooperative strategy. Are these reasons of equal validity or legitimacy? And, given that not all cooperative endeavors achieve success, what are a few of the reasons why this might be so? There are several reasons that a firm would chose