Strategic Planning Essays (Examples)

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Iman Adibazad Strategic Planning & Implementation Str 581

Words: 1476 Length: 5 Pages Document Type: Essay Paper #: 28145561

Iman Adibazad

Strategic Planning & Implementation


Mahesh Singh, MBA, PMP

Week 5-Implementation, Strategic Controls, and Contingency Plans

Cosmetics, toiletries and perfumes are an important of everyone's daily life, from use of deodorant and shampoo to make-up, skin care products and fine fragrances. Personal hygiene and beauty products are considered essentials today as are the use of products such as sunscreens and decay-fighting toothpaste.

One strategy for Oprah company, to which the management of the company looking for is internalization or extending its market. Following this decision company can export raw materials and beauty products outside of the U.S.

Strategic Management

Cosmetics and cosmetic raw materials produced for export outside the U.S. must meet the requirements imposed by each country in which they will be sold. When a product is to be sold in several countries, the most stringent requirements must be met. Therefore, products sold in foreign countries in…… [Read More]

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EMR and Strategic Planning Electronic

Words: 310 Length: 1 Pages Document Type: Essay Paper #: 2937968

In the formulating and implementing of strategies, the unique treatment plans for patients must also be taken into account. Only by combining electronic medical records and applying them to specific process areas can customization of treatment plans be created (Terrell, Terrell, 2009). The ability to selectively use medical records and continually refine processes to meet patients' expectations is critical for any strategic plan and continually executed tactics, initiatives and programs to be successful.


Anderson, C.. (2008). The Ins and Outs of Electronic Medical Records. Applied Clinical Trials, 17(9), 50,52,54,56.

Miller, A., & Tucker, C. (2009). Privacy Protection and Technology Diffusion: The Case of Electronic Medical Records. Management Science, 55(7), 1077-1093.

Terrell, G., & Terrell, T.. (2009). Cornerstone Health…… [Read More]

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Business Will Face Is Strategic Planning This

Words: 1025 Length: 4 Pages Document Type: Case Study Paper #: 71184851

business will face is strategic planning. This is because of shifts to the operating environment will have an impact on the profit margins. In the case of Research in Motion, the company has been experiencing a loss of market share to competitors (i.e. Google and Apple). At the same time, they have been trying to reach out to customers' through new mobile devices and applications. This has resulted in the company realizing a loss of its dominance inside the industry. To fully understand what is happening requires focusing on a number of areas to include: potential strategies for taking advantage of external opportunities and possible approaches for addressing future threats. Together, these different elements will show how these issues can be addressed over the long-term.

Identify the firm's existing objectives and strategies.

The current challenges impacting Research in Motion, is that competing firms have introduced alternative products. This is having…… [Read More]

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Country Risk and Strategic Planning

Words: 567 Length: 2 Pages Document Type: Research Paper Paper #: 29726738

A more severe downturn in the Japanese economy seems likely, given concerns about radiation and environmental damage.


'Green' is clearly a trend worldwide -- and the trend towards smaller, lighter, and more efficient has been a long-standing trend in Japan's corporate culture. There is also a long tradition of using efficient manufacturing techniques within the nation. Japan is the founder of the JIT (just-in-time) approach to manufacturing and places a strong emphasis on quality control (JIT, 2011, Investor Glossary).

Make strategy selection

Unlike a car, which can convey some status in terms of the appearance of 'going green' with a hybrid, hybrid planes are unlikely convey a luxury image to consumer. Thus, creating an airplane that is popular and affordable amongst a wide demographic is the most feasible market strategy. Beginning research and development in Japan is a possibility, given the strength of R&D hybrid at the nation in…… [Read More]

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Technology Strategic Planning Through Corporate Governance

Words: 3239 Length: 10 Pages Document Type: Term Paper Paper #: 44865781

CIO in Effective Information

Technology Strategic Planning through Corporate Governance

Corporate Governance

Corporate governance can be defined as the governing structure which allows a board of directors to ensure transparency, quality, accountability and fairness within a firm and in their relationships with their stakeholders (Monks & Minow, 2011).

The corporate governance structure constitutes of:

Direct and indirect engagements between a firm and its various stakeholders.

Measures for integrating the often incompatible interests of stakeholders.

Measures taken for appropriate administration, management, and flow of data to function as a framework of check and balance (Monks & Minow, 2011).

The aim of corporate governance is to enable operative, innovative and sensible management that can add to the long-term success goals of the firm. Companies are streamlined and managed by the use of corporate governance. While the board of directors forms the controlling body, it is the responsibility of the stakeholders to select…… [Read More]

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Technologies and Strategic Planning for

Words: 2831 Length: 10 Pages Document Type: Term Paper Paper #: 16075960

" (2008) Williams finally state that dynamic computing can enable innovation through enabling it departments to shift "from a 'light on' operation to a proactive, forward-looking approach." (2008)


The work of Edward M. Rizzo and Leslie a. Worsley entitled; "Emerging Technologies and the Internet Enable Today's E-Workforce" states that with the changes occurring in today's workforce "management requires a new way of thinking. The tools driving organizational effectiveness shave changed drastically in recent years in order to meet the needs of an ever-evolving workforce." (2001) a larger percent of the workforce is comprised of professional employees whom are "more mobile, and there is a growing dependence on temporary or contract employees to ensure adequate staffing levels." (Rizzo and Worsley, 2001) Rizzo and Worsley state that to this end more and more employers are depending on emergent technologies in facing staffing challenges including the Internet. While "traditional businesses have…… [Read More]

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Human Resource Strategic Planning

Words: 633 Length: 2 Pages Document Type: Essay Paper #: 12228494

Human Resource Strategies (internal/cost, External Cost, Internal/Differentiation, External/differentiation)

Strategic Planning

The internal/cost strategy for human resources aims at reducing the cost of certain processes within an organization so that, in an ideal situation, the amount of funding necessary to provide either a service or a product to a customer is significantly decreased. This strategy attempts to make an efficient use of virtually all internal resources, which revolves primarily about the deployment and productivity of employees already existent within a business or company. To that end, there is little need or desire for the hiring of any external personnel, while at the same time, few attempts are made to bring in any additional resources not already contained within the organization. Management focuses on efficient use of current laborers and the various contributions they can make to a company in order to maximize productivity while keeping costs associated with it as low…… [Read More]

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Strategic Plan for Non-Profit Human Rights Campaign

Words: 1567 Length: 6 Pages Document Type: Essay Paper #: 89208295

Strategic Plan for Non-Profit: Human Rights Campaign (hrc)

The Organization

The Human Rights Campaign (HRC) describes itself as the civil rights movement that is largest of all and that is striving to realize equality for individuals who are gay, lesbian, bisexual and transgender Americans. The Human Rights Campaign was founded in 1980 and is reported to act as advocate for LGBT Americans through mobilization of actions in local communities and through strategic investment toward the election of individuals who are equitable minded into public office.

Organizational Mandates

The Human Rights Campaign has specific mandates set for the organization. Three of those mandates are reported as follows:

(1) The Domestic Partnership Benefits and Obligations Act - "This bill would provide domestic partnership benefits to all federal civilian employees on the same basis as spousal benefits. These benefits, available for both same- and opposite-sex domestic partners of federal employees, would include participation…… [Read More]

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Strategic Analysis of Coca-Cola This Report Provides

Words: 913 Length: 3 Pages Document Type: Research Paper Paper #: 6289239

Strategic Analysis of Coca-Cola


This report provides information for Coca-Cola's Board of Directors and CEO on how well the company's mission, vision and value statements are communicated in two vehicles, the Company website and 2010 annual report. This report analyzes key components of the Company's strategic planning using management concepts identified by Michael Porter. Between the website and annual report, the Company's vision, values and goals are effectively articulated, while the mission statement needs improvement. This report recommends a better defined mission statement on the Company's webpage.

This report evaluates the Coca-Cola Company's published mission, vision, values and goals for the purpose of identifying areas for improvement. This analysis reviews the company's website and annual report for information on its mission and vision statements, as well as values and goals. The report also uses strategies developed by Michael Porter to gauge the effectiveness of Coca-Cola's mission, vision, values and…… [Read More]

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Strategic Management Porter's Five

Words: 3219 Length: 10 Pages Document Type: Research Paper Paper #: 32426015

Strategic Management

Porter's Five Forces Model and Strategic Management

as Applied to Bowne & Company

Porter's Five Forces Model and Strategic Management

as Applied to Bowne & Company

Bowne & Co., Inc. is a financial services company which has been in business for 235 years. During this time the company has grown to become the world financial services leader in communication services, investor/shareholder relations and communications, and capital markets communication guidance. The communications side of financial services is Bowne's specialty, as they provide "regulatory and compliance documents; personalized financial statements; enrollment kits; and sales and marketing collateral" (Bowne, 2009). The company has expanded its operations in recent years due to the wish to be involved in all aspects of their customer's financial transactions. In February of 2010, Bowne merged its services with those of R.R. Donnelley & Sons in an all cash deal. Bowne will remain completely autonomous except in…… [Read More]

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Strategic Human Resource Management Shrm Strategic Human

Words: 3097 Length: 11 Pages Document Type: Essay Paper #: 80435473

Strategic Human Resource Management (SHRM)

Strategic human resource management is a discipline of managerial ethics that deals with the alignment of inventive human functions to the objectivity of a business. It is the core of organizational achievement through a well-organized business structural culture. There exists a conceptual relationship between SHRM practices, tools of managing capital and in the performance of firm resources. The arbitration of the role of an organizational culture is also depicted under studies affirming SHRM. Strategic human resource management enhances categorization of practical evaluations of financial business performance (Ismail et al., 2010, pg 395).

Summation of Chapter 1

a) Introduction to SHRM

According to Pynes, strategic human resource management concerns the effectuation and adoption of changes in business agencies. These agencies require realistic info in accordance to the talent and capability of the managing staff (Pynes, 2009, pg 31). It denotes to the implementation of resourceful activities…… [Read More]

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Strategic Plan for Sony Corporation

Words: 3287 Length: 8 Pages Document Type: Term Paper Paper #: 87340249

What Sony needs to do is concentrate on creating a mobile Web-enabled series of devices, supporting services, and segmented digital content in both music-based and video content. In short, Sony needs to create an economic ecosystem that rivals the Apple ecosystem as shown in Figure 2, Apple Digital Content Ecosystem:

Figure 2: Apple Digital Content Ecosystem

Source: (Apple Investor Relations, 2009)

The most critical objective for the three-year planning horizon for Sony is to emulate the model shown in Figure 2 and apply entirely new series of metrics to how they evaluate integration and cross-model compatibility of their entire product line. The strategic objective for the coming three years has to be centered on creating a scalable ecosystem that can deliver a continual stream of revenues through the licensing of digital music and video content in addition to the introduction of entirely new devices into this ecosystem that have not…… [Read More]

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Strategic Management in Action

Words: 2276 Length: 8 Pages Document Type: Case Study Paper #: 54408625

Strategic Management Action: Strategic Position, Choices, And Strategy Implementation

Strategic management is stated to be the "process by which an organization formulates its objectives and manages to achieve them. Strategy is the means to achieve the organizational ends." (Thomas, nd) Managers are required to have a strategic vision in order to become strategic managers and implement strategic management initiatives. The strategic vision of the manager is inclusive of the following elements:

(1) The ability to solve complex and more complex problems;

(2) The knowledge to be more anticipatory in perspective and approach, and (3) The willingness to develop options for the future. (Thomas, nd)

The work of Peter Drucker states that the primary task of strategic management is the focus on the business overall mission and states:

"…that is, of asking the question What is our Business? This leads to the setting of objectives, the development of strategies, and the…… [Read More]

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Strategic Marketing

Words: 553 Length: 2 Pages Document Type: Essay Paper #: 62208895

Strategic Marketing

In answering the question of what role marketing plays in the overall strategic planning process, the foundational elements of what lead to enterprise formation, systemic and highly integrated people, process and systems need to be taken into account. The coordinated and tightly synchronized aspects of people, processes and systems need to be governed by a vision and objective if any enterprise is going to stay unified in the pursuit of its goals (Anderson, 1982). This orientation of coordinated activity across all series of resources, processes and both automated and manual systems requires that the compelling vision of an enterprise have a customer-centric purpose (Payne, Frow, 2005). As the purpose of an enterprise stays centered on the customer, all ancillary and related systems will also reflect the prioritization on the delivery of value first above any other. At its most fundamental level, marketing plays the crucial role of galvanizing…… [Read More]

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Strategic Management & Business Policy

Words: 726 Length: 2 Pages Document Type: Research Proposal Paper #: 40157640

This is having a significant effect also on strategic planning as it forces organizations to respect, plan for and create value in their products and services that respect these cultural values.

Question 2: Compare and contrast the two models, strategic mgmt model, and the strategic decision making process, and reconcile the strategic decision making process with the strategic mgmt model. Do the two models complement each other or do they clash?

Comparing the strategic management model and the strategic decision making process show many similarities, with the greatest being the front-end process of scanning the external environment for risks and opportunities. There are also process workflows that specifically focus on how to react to risks, opportunities, interpret internal audit results (as is the case with the strategic management model for example) and also generate a select set of strategies based on this feedback. How the two models vary however is…… [Read More]

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Strategic Development Supporting Strategic Development One of

Words: 3160 Length: 10 Pages Document Type: Essay Paper #: 42976547

Strategic Development

Supporting Strategic Development

One of the biggest development issues any company ahs is if they are at a stage where growth into new markets is possible. At some point the market place is going to get so crowded that a company has to decide whether it is going to try and survive in the present market or forge into new ones. Or, the company can simply create a new market through a niche product. Whatever the solution, the company first has to tak a close look at itself to determine if it is a good idea for them or not. The process by which companies do this is by determining a strategic plan whereby it is possible. To implement this strategic plan a company will have use different approaches that take into account how the company is doing at all levels of the process. Considering that a certain…… [Read More]

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Strategic Direction of Apple in the Enterprise

Words: 2355 Length: 7 Pages Document Type: Essay Paper #: 90218008

Strategic Direction of Apple in the Enterprise

Apple (NASDAQ: AAPL) has emerged as one of the most profitable and prolific companies in the world, generating a market capitalization rate of $623B as of this writing in late August, 2012, delivering $148B in Revenues in their latest fiscal year and $40B in Net Income (Apple Investor Relations, 2012). One of Apple's greatest strengths is its ability to quickly translate innovative product concepts and designs into state-of-the-art products that deliver exceptional customer experiences. Apple has honed this through decades of disciplined execution and a continual focus on creating a highly synchronized supply chain, highly collaborative product design and development workflows, and the ability to take concepts to completed products in a fraction of the time of their competitors (Murray, Goode, Muro, 2010). Apple is credited with creating the smartphone market, tablet PC, cloud-based music buying and delivery service (iTunes), centralized document and…… [Read More]

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Strategic Marketing Profit Impact Marketing

Words: 1602 Length: 5 Pages Document Type: Term Paper Paper #: 71012494

In short, it might be difficult for a small firm to incorporate all of this various evidence from such a large, industry-wide perspective, and to take into consideration the various global implications of even a niche market upon the firm's future strategies. Sometimes, focusing on small improvements might be the more feasible strategy in the short run.

PIMS strengths and weakness is its far-reaching, ambitious, and all encompassing perspective. However, even as more and more firms jockey for position in a market of increased global competitiveness, PIMS continues to be used to evaluate current businesses' market positions because it offers some aid in providing the ability to predict the future when confronted with a seemingly dizzying array of possible strategies, grounded in data analysis from like companies within a similar industry. Also, although the applicability of the strategy may vary somewhat from industry to industry, all from various consumer, industrial…… [Read More]

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Strategic Management Mcdonalds Mcdonald's Is

Words: 1259 Length: 4 Pages Document Type: Research Paper Paper #: 55097351

ii. Operational Objectives:

The second key objective of the company encompasses its aim to become operationally stronger and unbeatable in the long run. McDonald's is currently the market leader in the global fast food industry due to various competitive advantages and core competencies: including extensive R&D, quality management, efficient manufacturing capabilities, strong supply chain and distribution network, excellent customer services, etc. All these competitive advantages and strengths are focused on achieving its operational objectives (Hitt, Ireland, & Hoskisson, 2011). By achieving these objectives, McDonald's aims to prove itself as the most competitive fast food brand which is always the first choice of customers.

iii. Human Resource Objectives:

McDonald's has employed around 1.7 million employees in its production plants, regional offices, restaurants, and the Headquarters (McDonald's, 2013). It considers these employees as the most valuable resource for its business. Therefore, its five key objectives also constitute the human resource aspects of…… [Read More]

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Strategic Management Defining the Criteria

Words: 719 Length: 2 Pages Document Type: Research Paper Paper #: 59463496

In comparing the two lists and seeing what they have in common and how they differ, it is clear that both share the need to enable and foster greater levels of transformational leadership in an enterprise if it is going to succeed over the long-term. Second, both share the common attributes of being focused on a strong vision of what the company can become, being careful to provide assurances to everyone that they have a role to play in the business being successful. Both also share a competitive orientation where each seeks to motivate employees to attain their highest performance possible so both they and the company can attain their full potential. Where they differ is in the specificity of goals and objectives with the mission statement being much more granular on accomplishments and steps to attain goals. Measurable, attainable, relevant goals that require exceptional effort need to be the…… [Read More]

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Strategic Management Process Strategic Management Entails the

Words: 1009 Length: 3 Pages Document Type: Essay Paper #: 46866101

Strategic Management Process

Strategic management entails the steps taken and combination of managerial decisions which sums up the future performance of a particular company. It entails the four pillars of management. The strategic plans give a framework for the entire company to not only use but also apply. The strategic management consists of steps that shape up the implementation, strategic planning as well as evaluation (Wheelen and Hunger, 2004).

First step: The initial step is to decide the mission of the company and its aims and objectives. Each company requires a mission. When the aims and objectives of an organization are crystal clear, then the managers can work with identifying the viability of its services and products. The managers also need to recognize the goals put in effect at present and strategies being worked upon. The aims and objectives of a company can decide the criteria for performance that employees…… [Read More]

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Strategic Thinking Is an Elaborate Process That

Words: 1218 Length: 3 Pages Document Type: Essay Paper #: 90173321

Strategic thinking is an elaborate process that involves the inclusion of several aspects within an organization in order to realize the intended long-term plan. It incorporates the inputs of different individuals within the different units within an organization so as to fully integrate the process and generate more ideas to execute the laid plans. The perception that the accountants and financial managers are 'mere bean counters' and cannot contribute to strategic thinking and that they don't posses tools to do so is misguided. The term "bean counter" is a common word which is used to negatively refer to the accountants and other individuals such as the financial managers whose job descriptions are viewed as that of counting every detail and tracing wastage in every aspect of the organization's expenditure compared to that of the kitchen inventory keepers who keep every record and would want to count all the beans in…… [Read More]

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Strategic Plan in an Organization This Discussion

Words: 2437 Length: 6 Pages Document Type: Essay Paper #: 65053363

Strategic Plan in an Organization:

This discussion entails an implementation for the Office of Payroll Administration's Strategic Plan for the three years, starting 2010 to 2012. The report covers issues of payment and compensations for employees and other programs in addition to processes of tax holding within the organization. With respect to these roles, the discussion aims to provide a clear picture of the implementation process of these strategies together with the aims the process is supposed to support (Madison & Potter, 2012). Information concerning functional tactics of the plan together with the action items required to successfully meet the objectives is also presented. Schedule of the implementation process as regarding the allocation of time and tasks together with the milestones to deadline are also addressed. In addition, the necessary change management strategies and the plan's success factors and the risk management plan are also mentioned in the report.

Implementation…… [Read More]

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Planning Strategies in an Organization Planning Strategy

Words: 961 Length: 2 Pages Document Type: Essay Paper #: 47209799

Planning Strategies in an Organization

Planning Strategy in an Organization

Strategic planning in a corporate organization is the process by which the latter defines its schemes, flow of work or organizational functionality and its decision making process. This is done by allocating necessary resources to quest after in the strategy. A planning strategy is enhanced by various components that include comprehension of the organization. They include the organization's vision, mission, values and strategies. A deeper and participatory planning strategic process connects the tactical vision to execution of organizations' strategies (Sinofsky & Iansiti 2009). This context majorly discusses the implications of having a mission statement and objectives in strategic planning processes.

Mission Statement

A mission statement is a concise description of an organization's elementary purpose. It mainly answers the question "why are we established?" It enunciates a company's purpose for its members and for the entire targeted public. A notable organization…… [Read More]

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Strategic Vision A Section Describing Company's Strategic

Words: 708 Length: 2 Pages Document Type: Essay Paper #: 23278632

Strategic Vision: A section describing company's strategic vision. Performance target forecasting: A section shows performance targets EPS, ROE, credit rating, image rating year-end stock price -managers set years (assuming simulation continue).

Strategic vision and performance target forecasting

Our organization focuses on the distribution of our products and services within the utmost highest quality of standards. We not only employ the required standards, but we take one step ahead and fully satisfy the needs and wants of our customers. We envision ourselves as the leaders of the industry and the first choice of the customer base. In other words, the strategic vision can be enunciated as follows:

The company seeks to become the leader of the industry and the first choice of the customers. We aim to attain this organizational objective through the full satisfaction of the needs and wants of our stakeholders.

The strategic vision of the firm has a…… [Read More]

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Strategic and Tactical Planning

Words: 5147 Length: 15 Pages Document Type: Term Paper Paper #: 95037813

Strategic and Tactical Planning- Definition

Strategic Planning - Through the Years

The Eight Maxims of Strategy

Benefits and Costs Associated with Strategic Planning

The Need for Strategic Planning

Successful Implementation of Strategies

The Effects of Strategic Planning - Literature Review

Strategic and Tactical Planning - A Case Study of the Early 1990s

Strategic Planning - The Present Scenario

The Conclusions, Recommendations and Areas of Future Research


A paper on the Strategic and Tactical Planning. The paper defines strategic planning and the basic premises of the concept of planning, presents a review of the literature in the area to study the effect of strategic planning in organizations and poses certain question in the area of effectiveness of strategic planning that need to be addressed by future researchers in the field.

Thesis Statement: Strategic and tactical planning increasingly assuming significance, yet ineffective planning leads to failure of planning…… [Read More]

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Strategic Management in Business Development

Words: 2332 Length: 8 Pages Document Type: Term Paper Paper #: 52674968

Strategic Management in Business Development

The term "strategic planning" is generally used in the narrow sense, namely the application of management tools to address areas such as, profitability, efficiency, growth and competitive advantage. Ultimately, to address concerns of stakeholders for increase shareholder value and long-term competitiveness.

Business development is at the heart of strategic thinking and needs imagination and innovation. It should be proactive and anticipatory. It involves the creation of a unique configuration of the company's key features, which will match the challenges of its environment and provides strategic advantage. There are two distinct phases:

The option generation phase, where creativity must be allowed to flourish and diverse ideas emerge.

The option selection phase, where the options are narrowed down through a systematic filtering process.

The process is often iterative with multiple cycles occurring through the two phases.

In the first phase the strategic management team works with the…… [Read More]

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Strategic Advantage

Words: 3685 Length: 10 Pages Document Type: Term Paper Paper #: 5777883

Strategic Advantage

Goold and Campbell's comprehensive study sheds a new light on the ways a company uses to improve its financial results, whether from a quantitative point-of-view (i.e. through acquisitions) or a qualitative one (i.e. through the improvement of ratios) It would seem, according to the two researchers, that multi-business company management proves to be a difficult problem, considering that, according to their study, most "parent" companies tend to destroy value rather than add value to the businesses it parents.

The two authors conduct a short analysis of the previous strategies used by multi-business corporations, and find that the growth / share matrix, which was implemented on a large scale in the United States in the 70's and 80's lead to disillusionment, as the performance of companies was quite poor. In regard to the core-competence concept, although its appeal is quite powerful, it failed to provide practical guidelines for its…… [Read More]

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Strategic Human Resource Management An

Words: 774 Length: 2 Pages Document Type: 'Literature Review' chapter Paper #: 35595492

SHR is transformational, consultatively oriented, and views the organization in terms of the big picture. SHR is concerned with the contributions HR strategies make to organizational effectiveness, and how these contributions are accomplished. SHR involves designing and implementing a set of internally consistent policies and practices to ensure that an organization's human capital, that is their employees' collective knowledge, skills, and abilities, contributes to overall business objectives.


These three articles, from three different decades, are premised on the supposition that the primary role of HRM is to assist the organization in achieving its objectives. Though the role the HR department plays in attaining these goals is described in the context of the decade in which the article was written, they all assert the HR must play a more active role in strategic planning. The fact is that strategy is rarely developed without the consideration of human capital. Perhaps more…… [Read More]

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Strategic Framework in BP-Deepwater Horizon Accident One

Words: 4053 Length: 15 Pages Document Type: Essay Paper #: 91654562

Strategic Framework in BP-Deepwater horizon accident

One of the most eminent names in the oil and gas industry is British Petroleum, considered as the largest provider of oil and gas to its customers for transportation, energy for heating and light and retail services for petrochemical products globally. The financial and operational picture of the company's performance is illustrated in table1 below.

Performance at a glance for 2010

Facts and figures

Sales and other operating revenues

Replacement cost profit

Number of employees

Proved reserves

Retail sites


Refineries (wholly or partly owned)

Refining throughput

$297,107 million (year 2010)

($4,519) million (year 2010)

79,700 (at 31 Dec 2010)

18,071 million barrels of oil equivalent


Active in 29 countries


2,426 thousand barrels per day (year 2010)

(BP's Corporate website, 2010)

On 20th April 2010 the company faced a serious challenge when one of its oil rigs started leaking and simply couldn't…… [Read More]

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Strategic Management and its influence on Stakeholders

Words: 655 Length: 2 Pages Document Type: Essay Paper #: 82440915

Strategic management is increasingly important in the public sector. Public sector organizations are incorporating strategic management principles in an effort to enhance organizational effectiveness and efficiency. In any organization, “strategic management is the center of all managerial activities” (Doss, Guo & Lee, 2012, p. 33). This underscores the importance of effective strategic management. Strategic management is particularly important within the context of law enforcement. Law enforcement organizations must have a specified vision and mission as well as goals and objectives. For a police department, the goals and objectives must be informed by both internal and external factors, such as available financial resources and personnel, crime rates, and socio-cultural setup. During strategic planning, the department must, for example, consider whether it has the resources and personnel needed to respond to crime, prevent crime, and to enhance public safety.

An important aspect of strategic management relates to stakeholder involvement. As an organization,…… [Read More]

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Strategic Plan Mr Myers I Am Writing

Words: 986 Length: 3 Pages Document Type: Essay Paper #: 94613848

Strategic Plan

Mr Myers:

I am writing today to impress upon you the value of conducting an analysis of the industry environment when developing a strategic plan, and offering a recommendation for a methodology that can make the strategic planning process simpler.

Environmental scanning is the second step of the strategic planning process (QuickMBA, 2010). The first step, as you know, is setting the organization's mission and objectives. Before the company can proceed from there with formulating and implementing a strategy, the organization will benefit from having a sense of the industry and macroenvironment in which the company operates. This is what is known as environmental scanning. This scanning includes an analysis of areas such as the political environment, technology, the economy, and other broad frameworks such as international trade. The competitive environment is also subject to considerable analysis during this process. It is important, if we are to outperform…… [Read More]

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Strategic Management of Human Resources

Words: 3084 Length: 10 Pages Document Type: Term Paper Paper #: 2160755

The flat structure is also valued greatly by working in teams.

The SRHM is supported by flexible work, structure and people and is integrated into the larger participative change business strategy.

2. The report above described the evolution of the business strategy for Macquarie Bank. By emphasizing the continuous adaptation to the environment and adjusting the internal structure to meet expected outcomes, the Bank adopts a prospective business strategy. According to Miles and Snow's model (1984) (cited in Ahmed, Ullah & Uddin, 2006), who investigated the competitive strategies of several hundred companies in widely different industries, three basic strategies exist termed as the Defender, Prospector, and Analyzer. The Defender is also called 'Type a', characterized by such product-market strategies: limited, stable product line; predictable market; growth through market penetration; and emphasis: 'deep'. The Prospector also known as 'Type B', is defined by product-market strategies that are broad, changing product line;…… [Read More]

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Strategic Management Comparing Balanced Scorecards

Words: 1535 Length: 5 Pages Document Type: Research Paper Paper #: 32229519

In conclusion, these two books and their related concepts show how critical it is for a strategist to consider both the qualitative and quantitative aspects of a business model. There must be a balance of the tasks and vision ownership to the overall measured results of strategies as well. Both books together forma strong foundation for long-term planning that takes into account the need for change management at the executive level as well.


Abernathy, W. (1997). Balanced scorecards make teamwork a reality. The Journal for Quality and Participation, 20(5), 58-59.

Agostino, D., & Arnaboldi, M. (2012). Design issues in balanced scorecards: The "what" and "how" of control. European Management Journal, 30(4), 327.

Craig, J., & Moores, K. (2005). Balanced scorecards to drive the strategic planning of family firms. Family Business Review, 18(2), 105-122.

Gratton, Lynda (2007). Hot Spots: Why Some Teams, Workplaces, and Organizations Buzz with Energy and Others…… [Read More]

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Strategic Management at Panera Bread

Words: 1928 Length: 7 Pages Document Type: Term Paper Paper #: 1382384

These categories, along with analytical information, are as follows, in no particular order:

MARKET SHARE- Competitive pressures and the tendency of consumers to be exceedingly fickle pose threats to Panera Bread's maintenance of current market share and the gaining of market share in the future. Therefore, strategy must be undertaken that will hold and grow market share as the company moves forward.

INNOVATION- it is important to understand that the dietary desires of consumers have changed a great deal in recent years, and will surely do so even more in the coming years. Because of this, every effort must be made for strategy to be developed that will lead to new market positioning, product offerings, and so forth, measured against an accurate evaluation of the consumer's perception of value delivered and how that will likely change in the future.

QUALITY Management- Beyond the perceived value of Panera's offerings, strategy must…… [Read More]

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Strategic Architecture and Therefore a

Words: 592 Length: 2 Pages Document Type: Term Paper Paper #: 75125578

Again, in an ever-changing environment only through flexibility can an organizational strategy hope to be effective in providing competitive advantage.

Applying this knowledge to the analysis of the statement, 'A strategic architecture, and therefore a strategic plan, cannot be a detailed plan' results in several realizations. First, that strategic architecture goes beyond concerning itself with external factors, but also focuses on internal factors as well. These factors are continuously changing, and therefore an organization's strategic architecture must be able to respond to these changes. Being able to be proactive when certain opportunities and threats present themselves is what sets certain organizations apart from their competitors.

This, as the statement notes, translates to strategic planning. An organization's strategic plan must be flexible enough to quickly adapt to a shifting external and internal environment. And, for this reason, an overly detailed plan becomes more ineffective. An overly detailed strategic plan cannot take…… [Read More]

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Strategic Evaluation for Home Depot Inc Strategic

Words: 903 Length: 3 Pages Document Type: Research Proposal Paper #: 3842381

Strategic evaluation for Home Depot, Inc.

strategic evaluation

Validating the organizational vision, mission and values statements for Home Depot will require several different approaches. McMillan and Hausler (2011) explain that not all mission goals can be explained quantitatively, and several of HD's values will require qualitative evaluation, such as "Doing the "right" thing" or "Respect for all people" (The Home Depot, 2011). I will evaluate these qualitative goals by analyzing the mission statements for the different divisions within the firm, to identify performance measures that can then be ranked within the units over time and between the firm and other major competitors. "Respect for all people" could be measured, for example, by comparing the number of discrimination complaints in hiring or from consumers over time, and comparing that (negative) growth rate against the industry. "Building strong relationships" will likewise be demonstrated through percentage of return visits using consumer credit flows…… [Read More]

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Strategic Plan Conceptualizing a New Business

Words: 1146 Length: 4 Pages Document Type: Essay Paper #: 32716951

Strategic Plan

This is a strategic plan for a business start-up that will be a pet store with an adoption center specializing in eco-friendly products and services for large breed dogs. The store will have a physical location and an internet Web site where people can buy products and get information about owning and caring for large breed dogs such as great Danes, Great Pyrenees, Irish Wolfhounds and Newfound lands. The store will be called Big Dogs. The first step in developing the business is to create a vision statement and mission statement for the business and then to develop objectives, strategies, goals and programs (Planware, n.d.).

Vision Statement

A vision statement should tell the world what the business wants to become. Vision provides the long-term perspective and your reason for being -- why you are in business (May, 2010). A clear business vision improves organizational performance and helps attract…… [Read More]

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Strategic Analysis of Southwest Airlines the Mission

Words: 1167 Length: 4 Pages Document Type: Essay Paper #: 63826640

Strategic Analysis of Southwest Airlines

The mission, vision, values, and goals of Southwest Airlines, as provided on the company's Website and in its Annual Report, are analyzed in this paper with regard to inclusion of stakeholder interests and goodness of fit to classic management strategies. In particular, the paper makes this assessment against the background of Michael Porter's comments in an interview for Fast Company, in which his comments hint preference for an approach not unlike Blue Ocean Strategy. The book, Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant, was not published until four years after this interview. As usual, Porter was ahead of this times..


The purpose of this paper is to critically evaluate the mission, values, and goals of Southwest Airlines. The analysis includes identifying which values and goals pertain particularly to certain stakeholder groups, and to make recommendations about any improvements…… [Read More]

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Strategic Analysis of Dell Strategic Management Is

Words: 1754 Length: 6 Pages Document Type: Essay Paper #: 17249160

Strategic Analysis of Dell

Strategic management is a combination of continual dynamic processes. These include: strategic alternatives and recommended strategies, the implementation of strategies, and continuous ongoing evaluation and control. Each phase must include: environmental analysis, implementing an organizational course of action, creating organizational strategies, applying those strategies, and evaluating and modifying them as needed. The construction of a strategic analysis includes factors which are internal and external to the company, are weighted and scored. Strategic management is a critical tool to insure the organization's continued existence. (Wheelen & Hunger, 2007) This is a strategic analysis of Dell

Strategic Analysis of Dell

Dell Company History:

Michael Dell founded the company in Austin, Texas in 1984 with an innovative sales plan. Dell implemented direct sales to customers, taking orders and delivering custom computing solutions to individuals and companies with no brick and mortar stores. 5.4 million customers interact with Dell daily…… [Read More]

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Strategic Management Able Corporation Wants

Words: 914 Length: 3 Pages Document Type: Thesis Paper #: 26007299

Each will be tied to different tactical objectives and timeframes. The effectiveness of the process will be measured in terms of adherence to time frames, cost and key market variables such as penetration and market share. Each variable should be quantitative to facilitate ease of measurement and evaluation.

A wide variety of legal issues will need to be considered. Doing business is foreign countries creates significant exposure to risk, in that the foreign legal environment can be substantially different from the domestic one. The nature and intensity of these differences will be considered. Also, it will be considered if there are any legal or ethical considerations domestically as a result of overseas expansion. To use an extreme example, setting up a factory in Cuba would create a host of legal and ethical concerns that would need to be accounted for in the option evaluation process. It will be critical to…… [Read More]

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Strategic Business Plan Score-Card Organizations

Words: 1496 Length: 5 Pages Document Type: Business Plan Paper #: 38363061

The company has to minimize the operational and unnecessary cost by efficiently complying and contemplating on the stance of cost effectiveness. The company has to allocate its funds somewhere, where it has surety that it will return worthy.

The first three years are very important for the sake of the organization, which can be visualize by the graph increasing year by year (YOY) depicting a positive sign for the long run of the organization.

3) the last strategy is to increase the market value of the company's share. The company has to maintain its incredible growth while enhancing the sales turnover and gross margin which will certainly leave a positive effect on the market value of shares.

Customer Value Perspective

You always listen that customer is always right and without customer there will be no business. The statement is quite true indeed as any thing you manufacture, or any service…… [Read More]

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Strategic Plan Since 1941 Stryker Has Been

Words: 907 Length: 3 Pages Document Type: Essay Paper #: 19612717

Strategic Plan

Since 1941, Stryker has been at the forefront for delivering medical equipment to numerous healthcare organizations and individuals. Some of the different products they market include: surgical navigation / communication, trauma implants and endoscopic systems. They sell them directly to cliental and through third party providers (such as: dealerships) in 100 countries around the globe. (Standard & Poor's, 2013)

However, the industry is continuing to evolve and it is shifting its practices. To fully understand what is occurring, requires creating a research proposal that will focus on the strategic plan for the firm. This will be accomplished by looking at the vision / mission / strategies / values and conducting an internal / external environmental analysis. Together, these elements will illustrate how the company can adapt and evolve with the challenges it is facing inside the marketplace. (Standard & Poor's, 2013)

How you intend to ensure the organization's…… [Read More]

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Strategic Investigation of Royal Dutch

Words: 2491 Length: 8 Pages Document Type: Research Paper Paper #: 99784032

In addition to that, it also has strong exploration and technological capabilities. (Jonker & Zanden et al., 2007)

Shell PLC is known to have a highly capable workforce, starting from its CEO to CFO and other major and minor employees of the organization. (Jonker & Zanden et al., 2007)


Lack of control or control weaknesses may occur due to large scale operations. (Jonker & Zanden et al., 2007)

The presence of the organization in a number of global markets lead to issues in relation to the applicability of various laws in those regimes. In other words, the organization may be required to too many laws due to global operations. (Jonker & Zanden et al., 2007)

The formulation uniform policies and procedures due to the performance of operations in various global culture is a very difficult task. (Jonker & Zanden et al., 2007)

The existence of high degree of variation…… [Read More]

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Strategic Management it Is Very Important That

Words: 5480 Length: 13 Pages Document Type: Term Paper Paper #: 27444529

Strategic Management

It is very important that the factor of 'change' figures within an organization prominently. Different people utilize different approaches to implement these changes, and most often, it is that particular method that suits the organization the best that is used. Among some of the tried and tested methods of implementing change within an organization is the 'Delta Technique', which is one of the more popular and extremely successful methods used by the management. 'Delta' in fact means 'a small change' in Greek, and this is in essence what it represents. This technique has its base on the theory of Lewin, 1952, and it revolves around the three stages of change, like for example, when a piece of ice changes its shape, and it goes through unfreezing, changing, and refreezing. (Strategies for implementing change: an experiential approach)

Lewin has stated that it is very important to devote both time…… [Read More]

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Strategic Analysis The Coca-Cola Company This Paper

Words: 1771 Length: 4 Pages Document Type: Essay Paper #: 98584238

Strategic Analysis: The Coca-Cola Company

This paper examines the Coca Cola Company, and whether its mission, vision, and values statements reflect the company's actual approach to business. While the paper concludes that, taken individually, the mission, vision, and values statements are insufficient to apprise stakeholders of Coca Cola's future goals; taken together they form a strong picture of where Coca Cola is and where it wants to be in the future. Moreover, Coca Cola's overall strategy, that of sustainable, long-term growth, can be seen in its mission, vision, and values statements.

Coca Cola is a huge international business, which sells soft drinks and other products in countries around the world. However, as large as Coca Cola is, it has made its reputation not simply because of its namesake soft drink, but also because the company has managed to capture a feeling. Drinking a coke is not simply an act of…… [Read More]

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Strategic Elements of HR Management

Words: 4350 Length: 15 Pages Document Type: Term Paper Paper #: 15253532

While emerging evidence, theory and practical demands are increasing the visibility and credibility of human capital as a key to organizational success, the measures used to articulate the impact of human resource management decisions remain misunderstood, unwanted by key constituents or even counter-productive." (1998) Stated as well by Boudreau is the fact that a body of research exists that is growing rapidly suggesting that "the key to competitive advantage lie with the organization's human resources. (Boudreau, 1998) p. 3 Widely suggested as an emerging key to the success of the organization is "intellectual capital." (Boudreau, 1998; p.3) This element is sated to not be: "...effectively reflected in standard accounting and the financial report, and the diminishing correlation between future financial performance and standard accounting measures of value seems to attest the importance of more intangible factors." (Boudreau, 1998; p.3) HR measurement that is effective will be a system that is…… [Read More]

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Strategic Management Management Organizational Structure and Corporate

Words: 2188 Length: 6 Pages Document Type: Essay Paper #: 18192023

Strategic Management: Management, Organizational Structure, And Corporate Strategies

Manager, management, and organization

The significance of managers .

Size and strategy of a company

Mission, vision, and corporate strategy

Organizational culture.

In an organizational setting, strategy has always been more of a high stakes game where the management team identifies the company's mission and makes important decisions that focus all the company's capital, resources, and energy towards its attainment. With the dynamic nature of the current business environment, managers need to constantly analyze their internal and external environments to avoid losing their customers to the competition and losing grip of their market share. This text evaluates the importance of managers to an organization, the importance of organizational structure and culture, and the formulation of corporate strategies.

Manager, management, and an organization

To understand the operations in any business environment, it is important define a manager, management, and an organization. An organization…… [Read More]

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Strategic Impact on Globalization Is a Process

Words: 3835 Length: 12 Pages Document Type: Essay Paper #: 46616960

Strategic Impact on Globalization

Globalization is a process that brought in changes in all walks of human existence the world over. The liberalization has created a global community and brought in the IT revolution and new forms of services like outsourcing. The changes in the world outlook and technology changes have changed the way business and international trade is done and has thus revolutionized the strategies and corporate behavior. It has ushered in new laws and environment concerns. The global community now is a different being and individual countries have now merged -- for example the European Union and many countries have now been fragmented -- as the former USSR. These have had a lot of impact in the process of globalization and some international events have been the results of globalization. Has any strategy impacted globalization? And what strategies have come to be created after the globalization and how…… [Read More]

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Strategic Management in Technology

Words: 5956 Length: 18 Pages Document Type: Essay Paper #: 46350893

Strategic Planning & Strategy Formulation

Case: Strategic Planning & Strategy Formulation

Case Assignment -- Comcast

Comcast's Current Strategy

Current Event Blog

Discussion Question: Strategy Planning and Formulation


Strategy Implementation & Evaluation

Current Event Blog 4 -- Strategy Implementation & Evaluation

Discussion Question: Strategy Implementation and Evaluation

Reflective Discussion

Case: Strategic Planning & Strategy Formulation

Case Assignment -- Comcast

Comcast's Current Strategy

Comcast has developed a current business strategy that is completely focused on the customer. The company has positioned itself at the "intersection of media and technology" (, 2016). The company seems to be doing well and in 2015 the company had raised their dividend by 10%, for the eighth consecutive year.

The present strategy of the company is to focus on innovation and enhancing of customer experience and being innovative at the same time. The company claims that this strategy has paid off well for them. In fact,…… [Read More]

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Strategic Leadership as We Reflect

Words: 660 Length: 2 Pages Document Type: Term Paper Paper #: 16587504

Therefore, the leaders job become to endorse new strategy and provide resources for the implementation (Boal, 2000).

Second, most business strategies fail not because the strategy is inherently flawed, but because the strategy is not properly aligned with the organization's leadership or culture.

Therefore, the key tasks of leaders are to create a sense of urgency and ensure that corporate strategy is aligned with the culture of the organization. In this regard, leaders need to understand the need for right people, right processes and right methodologies that are essential for companies to be competitive and grow.

Third, the gist of strategic planning is to inspire people for the innovation in the organization. The formulation phase of strategic planning sets strategic direction, defines the related criteria and frames overall strategies. This formulation involves an external assessment that includes understanding how existing and future innovation could affect strategic businesses, offerings and opportunities.…… [Read More]

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Strategic Plan Proposal

Words: 1597 Length: 5 Pages Document Type: SWOT Paper #: 99848185

Strategic Plan Proposal

Each department within an organisation contributes significantly to the achievement of the organisation's strategic plan. Therefore, it is important that each department is considered in the strategic plan. A particularly important department is the human resource (HR) department, which is involved in critical processes such as employee selection and recruitment, training and development, compensation and benefits management, performance evaluation, as well as managing labour relations. As the organisation embarks on preparing its next five-year strategic plan, a number of aspects relating to the HR department ought to be taken into consideration. This paper outlines these considerations by resorting to the established method in management practices of the department's SWOT analysis, its goals and objectives, and a plan for monitoring the achievement of the goals and objectives.

SWOT Analysis

The SWOT framework is an important tool in the strategic planning process (Bplans, 2014). It enables more informed decision-making.…… [Read More]

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Strategic Planning in Health Care

Words: 671 Length: 2 Pages Document Type: Term Paper Paper #: 92067493

Blue Cross Blue shield is an association of 42 independent, locally operated health plans. As such, each health plan in the organization is a private insurer that offers coverage to mostly corporate employees. Collectively, they cover 81.5 million people in the U.S. And Canada, and Represent 28.6% of the U.S. population. Through membership in the association, the independent insurers (which formulate their own strategies) are able to offer health plans that can be taken to other areas of the country by pooling the medical professionals that they do business with. In addition to private companies, Blue Cross Blue Shield has partnered with the U.S. Government to offer Medicare services. In 1939 the Blue Cross symbol was officially adopted by a commission of the American Hospital Association (AHA) as the national emblem for plans that met certain guidelines. Blue Cross and Blue Shield insurance companies were set up as community sponsored,…… [Read More]

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Strategic Staffing

Words: 4127 Length: 14 Pages Document Type: Term Paper Paper #: 72405271

Strategy of Strategic Staffing

Human Resources

The Strategy of Strategic Staffing: Assessment, Efficacy, & Utility

The Strategy of Strategic Staffing: Assessment, Efficacy, & Utility

The professional landscape of the 21st century requires flexibility and innovation with regard to human resources, and that new methods such as strategic staffing, in alignment with an organizational strategy demonstrates efficacy and utility to the organization. The issue of the strategy of strategic planning is an issue that is an amalgamation of a few issues including the many failures of organizations to create alignment of staffing strategy with organizational strategy, the obstacles and tools for managing the flexible workforce; and taking a moment of deliberation to refine the careers & the industries of the 21st century and implications for staffing strategies. The world has changed a great deal in a plethora of ways over the past two decades, and specifically within the 21st century. Companies…… [Read More]

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Planning USDA's Focus on Its

Words: 3023 Length: 12 Pages Document Type: Term Paper Paper #: 79114293

There are several kinds of scenarios. However, in this paper, we limit our discussion to the decision-driven and vision-driven scenarios as proposed in the work of Courtney (2003). We however extend this discussion to involve the three levels of performance as proposed by Rummler and Brache (1995).

The argument of course is based on the general consensus that the vision-driven scenarios are best suited for issues occurring at the organizational level while the decision-driven scenarios are best suited for decision and process level issues.

The concepts of scenarios and scenario planning

Several definitions exist of the terms scenarios and scenario planning. According to Porter (1985) "A scenario is an internally consistent view of what the future might turn out to be -- not a forecast, but one possible future outcome" (p.63) while Schwartz, (1991, p. 45) noted that a scenario is a tool used for the ordering of one's perceptions…… [Read More]

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Strategic HRM

Words: 1595 Length: 5 Pages Document Type: Term Paper Paper #: 45051516

Human Resources

Strategic HRM

Strategic Role of HR

In most companies today, the HR function provides vital services to such stakeholders as job applicants, workers, supervisors, middle managers, and executives. Yet, the HR function tends to be located at the end of the business chain, on the reactive side, and too frequently centers on carrying out actions rather than achieving outcomes. The role of the HR function is frequently one of providing people, training, and secluded HR efforts after others have formulated organizational strategy and have initiated operational accomplishment. Since the 1990's, HR practitioners have been motivated by events in their organizations to direct concentration to such issues as downsizing, outplacement, retraining, diversity, worker rights, technological effects on people, and recruitment of skilled talent in a time of labor deficiencies and record employment. Cost centered management of worker benefits programs such as health insurance, workers' compensation, and pension plans have…… [Read More]

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Strategic Thinking for Health Care

Words: 735 Length: 2 Pages Document Type: Essay Paper #: 90028605

As one of the largest of the country's non-profit hospital systems, Banner has more than 36,000 employees and twenty-three facilities (Banner, 2012). These facilities comprise acute-care hospitals and various facilities for health care. Research done at Banner has been recognized internationally, and the company offers physician care, hospice, hospital, and home care. Seven states are serviced by Banner: California, Arizona, Wyoming, Alaska, Colorado, Nevada, and Nebraska (Banner, 2012). The company is based out of Phoenix, Arizona and provides high levels of benefits to the communities it serves. That is why Banner is a success when other systems sometimes fail. Charity care done by Banner each year exceeds $110 million, while indigent care (Medicaid and other public programs) exceeds $176 million (Banner, 2012). When one adds in the unpaid costs that come with Medicare, the total community benefit of Banner is $381 million per year (Banner, 2012).

Naturally, that level of…… [Read More]

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Planning and Convention Industries Benefits

Words: 1256 Length: 4 Pages Document Type: Research Paper Paper #: 882816

Airline tickets, food and beverage and related items are going up faster than planners can adjust. Hotels, destination management companies, transportation providers and suppliers in general are all affected by oil price increases. Industry leaders say that fares may increase by another 20%. Every penny of increase in oil price exacts an extra $1 billion a year from consumers. Smith Travel Research, however, reported a leveling off of increased hotel rates because of reduced leisure demand and weakening of corporate travel (Dos).

High fuel costs indirectly affect food and beverage costs (Dosh, 2008). Transportation expenses also go up for shipping food items. Farmers who divert land for planting crops intended for ethanol production are likewise raising their prices. Planners try to address the prince increase in food by paring down menus, pre-determining the number of servers per meal and choosing a complete meeting package or CMP, or getting a discount…… [Read More]

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Strategic Information Systems' A Strategic Information System

Words: 5960 Length: 22 Pages Document Type: Essay Paper #: 12835532

Strategic Information Systems'?

A strategic information system is a system that enables an organisation to alter the structure of its business strategy so that it can achieve a competitive advantage over others. This system also helps organisations in fastening the time it takes to react and adapt to several environmental changes that take place and makes the overall business structure more efficient. Within a strategic information system there exists a decision support system that helps align business goals and strategies with information systems and technologies.

Write down the various business models of internet.

The various business models of the internet include:

Advertising, Blogging, Affiliate, Community, Utility, Subscription, Brokerage, Merchant, Manufacturer.

Question 3: What is 'Network Bandwidth'?

The amount or volume of data which is being transmitted through a particular network at a given point in time is referred to as a network bandwidth. Network bandwidth's can be affected by software…… [Read More]

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Strategic Recommendations Started in 1973 as an

Words: 824 Length: 3 Pages Document Type: Essay Paper #: 44231911

Strategic Recommendations

Started in 1973 as an addition, General Electric Capital (hereinafter alternatively "GE Capital" or "the company") is currently one of the largest divisions of General Electric. The company competes in the commercial lending and leasing sector, and provides a wide range of financial services for healthcare, media, communications, entertainment, consumers, real estate, and aviation. The company has more than 50,000 employees working in 55 countries. Following the Great Recession of 2008, the company revised its primary strategy of vertical expansion through a series of fairly unrelated major acquisitions to an approach that focuses on forging strategic partnerships and joint ventures to achieve its dual corporate goals of diversification and expansion as described further below, followed by a summary of the research and important findings in the conclusion.

Review and Analysis

Evaluation of strategy recommendations and business case for implementing recommendations

Given the company's current diversification into disparate components,…… [Read More]