Premium Essay



Submitted By whitejosh35
Words 259
Pages 2
Strategic Management
Joshua White
March 30, 2013
John Wolcott

Strategic Management
In corporate terms, strategy is the plan that the business devises in order to achieve its long-term goals and objectives. These objectives are essentially to secure continued and meet the demands and expectations of the business stakeholders. In terms of shareholders, this would mean adding value to their investment. Therefore, an essential element of the strategic plan is to gain competitive advantage in an ever-changing commercial, political and social environment. For strategic management to work the business has to be fully cognizant of its current or strategic position and what elements may affect that position. No business is an island and therefore it cannot operate independent of external forces. These forces range over a number of issues and understanding what they are and how they will affect the business is essential to enabling the management to decide where the opportunities and threats to its strategic plan lay.
Translating the business strategic plan into actions that are positive and successful is the final element of the strategic management process. The first part of the translation process is to ensure the organization structure is designed and organized in a way that will lead to the successful implementation of the strategic plan. This means ensuring resources are in the right location and, more importantly, that the interaction and relationship between the component parts of the business are efficiently co-ordinate.

Wheelen, T. (2012). Concepts of Strategic Management (12th Ed.). Upper Saddle River, NJ: Pearson

Similar Documents

Premium Essay

Dave Ramsey

...The Dave Ramsey Effect Beau McClinton MGT/230 05/13/2012 Richard Hobbs There are many business leaders in the world but not many stand out the way Dave Ramsey does. He has been and accomplished leader in numerous businesses that he has founded. He has even wrote many books on managing and personal finance. Dave Ramsey has set the standard for leadership and management for business and personal finance. Dave Ramsey is a personal money management expert that has been from rags to riches and back again. He is the CEO and president of his companies that help people get out of debt. His company philosophy is about the people they are helping and the lives they are transforming. The company was established on a message that remains the same today," an accessible company with nothing to hide ("Brand Building, 2012"). They have proven that profitability naturally falls in place when it is about the people you are serving versus profiting from the service you are providing to the people. Dave Ramsey has six elements that the team follows to strengthen their success they are people, integrity, transparency, passion, make it memorable, and shape the story. Dave believes that finding the right person for the job will in turn create a great working environment and drive the company towards it goals. Dave Ramsey's success as an entrepreneur and personal financial advisor has come from his own failures in these categories. At the age of 26 he had a net worth of a little over a million...

Words: 1079 - Pages: 5

Free Essay

Dave Grohl Biography

...Character Definition Essay Dave Grohl once known as “that dude that played drums in Nirvana,” Dave Grohl, born in 1969, has made a made a name for himself as the one of the greatest rock stars of all time. Now the frontman of the Foo Fighters, Grohl’s riveting musical philosophy and history has led him to be the charismatic and fun loving person he is today. Dave Grohl is an inspiration all over the world, sharing his passion for music and his outlook on life with those who appreciate and admire him. His success has shaped the character of the man he is today. At the age of 15, Grohl dropped out of high school to play drums in his adolescent band “Scream.” In 1990, after the band split, Grohl traveled to Seattle in hopes of becoming Nirvana’s new drummer, joining the band members Kurt Cobain and Krist Novoselic. “All I really had was a suitcase and my drums. So I took them up to Seattle and hoped it would work,” Dave said describing his leap of faith into the music industry. Later that year, Grohl was accepted into the band and moved in with Cobain—he stayed there years after the band’s success. In 1994, Cobain, victim of fame and drugs, committed suicide. With the loss of a best friend and band member, Grohl was left confused and lonely with such a sudden pull from the world of music. Following Cobain’s death, Grohl appeared lost for words. He wrote: "My soul went dead to music. It's like a defense mechanism. When music touches a place in you that's so deep that...

Words: 869 - Pages: 4

Free Essay

Dave Chappelle Informative Speech

...Dave Chappelle Purpose: To inform the audience about the comedian Dave Chappelle. Thesis: In order to understand Dave Chappelle’s successful career, it is important to learn his childhood, early career, and present career. Organizational Pattern: Topical I. Introduction A. Attention Getter: Dave Chappelle once said “The mark of greatness is when everything before you is obsolete, and everything after you bears yours mark.” B. Relevance: Dave Chappelle is a timeless comedian who has proven himself year after year. His easy going and laid back personality draws crowds in. He has made himself relevant by using controversial topics such as politics, stereotypes, and current events. His fearless attitude brings him to greater heights in the comedy world. C. Credibility: As a kid watching Dave Chappelle with my cousins back in his prime years, we thought he was the funniest man on the planet. Even though his material was not the most appropriate, we still believed his style was pure genius. Through the years we continued to watch his stand-up and it seemed to never get old. Though my cousins and I do not see each other as often, it is always fun to reminisce through his classic jokes. D. Thesis: In order to understand Dave Chappelle’s successful career, it is important to learn his childhood, early career, and present career. E. Preview: Therefore, we will start off with his childhood and some family information, next, we will live through a time of his early...

Words: 1238 - Pages: 5

Free Essay

Dave Matthews Band

...The Dave Matthews Band When I think of The Dave Matthews Band, I also think of their jazzy pop rock music that has helped them become a musical sensation. The band consists of jazz and classical musicians and of course, Dave Matthews. Their music and songs are very unique and have not been heard before the band came about. They have touched millions of people’s hearts, especially mine. The fact that they sing about real situations and real issues that are going on the world today is what makes them my favorite band. Whether I am happy, sad, or mad, The Dave Matthews Band’s album “Big Whiskey and the GrooGrux King” always lifts my spirits and puts me in a better mood; their songs are inspirational. One of the songs that touch me the most is called “Funny the Way It Is”. This song is about the good and bad things going on in the world. The point being made is that even though many wonderful things are happening, bad things are occurring at the exact same time. “Funny the way it is, if you think about it/ One kid walks 10 miles to school, another's dropping out/ Funny the way it is, not right or wrong/ On a soldier's last breath, his baby's being born/ Funny the way it is, not right or wrong/ Somebody's broken heart become your favorite song/ Funny the way it is, if you think about it/ One kid walks 10 miles to school, another's dropping out” Not only does it discuss the fine times and poor times in life, but also how people take the privileges they have for granted. While kids...

Words: 803 - Pages: 4

Premium Essay

Analysis Of A Child Called It By Dave Pelzer

...I am reading A Child Called It by Dave Pelzer , and I have finished the book. The book is about a kid who used to have the perfect family, but things took a turn for the worse. His mom grew cold and she turned her son into the family slave. She had beaten him, starved him, forced him to wear the same clothes every day, and that’s just the tip of the ice berg. In this journal I will be evaluating. I evaluate that Dave’s mother has changed throughout the book. In the beginning of the book Dave describes his mom as a caring mother and wife. In the beginning Dave said she was known for being a happy nurturing mother. In the book she would always try to make her family happy. She would plan picnics and spend all day making supper. During the holidays she would decorate the...

Words: 477 - Pages: 2

Premium Essay

Rhetorical Strategies In Dave Egger's Zeitoun

...The nonfiction novel, Zeitoun, written by Dave Eggers, involves a Syrian American, Abdulrahman Zeitoun, who was determined to stay and aid survivors in New Orleans after the catastrophe of Hurricane Katrina. Zeitoun faced discrimination and was imprisoned after being accused of being a terrorist. Aside from the novel, the present day Zeitoun had been cleared of charges with the, “solicitation of first-degree murder and attempted first-degree murder of his ex-wife” (Martin). Even though the nonfiction novel was possibly not accurate, it should remain a summer reading book and be taught at Mills High School, due to the positive effects that the text have on students. This book could be used as an introduction of how to write rhetorical strategies....

Words: 337 - Pages: 2

Premium Essay

Dave Chapelle and Maida Galvez Talking About Food Scarcity and Socioeconomic Disparity

...Victoria Morgan English Composition 101-3716 Dr. Hernandez 11/24/2014 Rhetorical Analysis of Dave Chappelle’s Stand-up and Maida Galvez’s Research Paper Insufficient intake of healthful food and consequences is a topic of many academic and non-academic talks. Whether authors are writing to share information with readers, like a group of researchers from Mount Sinai School of Medicine, or tell an amusing story, like Dave Chappelle in his standup routine, they make appeals to emotions, authority, or logic to persuade the audience. The choice of persuasive strategies depends on the author’s purpose and expectations of the intended audience. In the article, Race and Food Availability in an Inner-city Neighborhood, first published online in 15 October 2007, a group of researchers from Mount Sinai School of Medicine argues that the availability and price of quality foods in grocery stores varies from neighborhood to neighborhood. Conducting a walking survey of food options in East Harlem, NY, they came to conclusion that low-income areas, minority communities, are dominated by fast food restaurants and small stores offering limited selections of healthful foods, when Caucasian neighborhoods are located in close proximity to full-service restaurants and grocery stores offering wide selection of foods. Researchers believe that this food disparities have “implications for racial/ethnic differences in dietary quality, obesity and obesity-related disorders” (Galvez et al. 624). ...

Words: 921 - Pages: 4

Premium Essay

John Dave

...John Dave Maglasang BFA-AA 3 AA317 W 1:30-5:30 Cherry Mobile Beginnings & success story : Cherry Mobile is a Filipino mobile phone and electronics company founded by Maynard Ngu in 2008. Operated by Cosmic Technologies Incorporated, the company buys mobile phones manufactured in China and India, and markets them under the Cherry Mobile brand. Latest release of Cherry Mobile handsets enables Wi-Fi integration, touch screen feature and operates in Android operating systems 2009 marked Cherry Mobile’s commitment to become the top value-for-money mobile phone in the country. In its first year, Cherry Mobile CEO Maynard Ngu envisioned Cherry Mobile to become the brand that has “Everything for Everyone,” providing handsets that cater to different age groups and match different lifestyles. It was a dream that became a reality. So big it captivated the market and rocked its competitors - the telecommunications bigwigs. In 2010, barely two years after it started, Cherry Mobile was voted IT Company of the Year in the 3rd CyberPress Awards, upstaging some of the country’s technology giants. Strategic C’s Company: Apart from being the first legal mobile phone company to introduce phones with dual and triple Subscriber Identity Module (SIM) systems in the Philippines, it also manufactured the first Windows-enabled phone in the country...

Words: 1009 - Pages: 5

Free Essay


...ternational influence Further information: List of foreign NBA players Following pioneers like Vlade Divac (Serbia) and Dražen Petrović (Croatia) who joined the NBA in the late 1980s, an increasing number of international players have moved directly from playing elsewhere in the world to starring in the NBA. Below is a short list of foreign players who have won NBA awards or have been otherwise recognized for their contributions to basketball, either currently or formerly active in the league: Šarūnas Marčiulionis, Lithuania – 2014 inductee into the Naismith Memorial Basketball Hall of Fame. First Soviet Union and one of the very first Europeans to sign contract with NBA club and to play solidly in the league, helping to lead the way for the internationalization of the league in the late 1990s. Toni Kukoč, Croatia – 3-time NBA Champion with Chicago Bulls (1996, 1997, 1998), named in 2008 as one of the 50 Greatest Euroleague Contributors Vlade Divac, Serbia – 2-time Olympic silver medalist, 2001 NBA All-Star, 2-time World Champion, 3-time European Champion, 50 Greatest Euroleague Contributors Arvydas Sabonis, Lithuania – 2011 inductee into the Naismith Memorial Basketball Hall of Fame, 1984, 1985, 1988, 1995, 1999 European Player of the Year, 1985, 1997 Mr. Europa Player of the Year, Olympic gold medalist in 1988 with the Soviet Union and bronze medalist in 1992 and 1996 with Lithuania, 1996 NBA All-Rookie First Team, 50 Greatest Euroleague Contributors Dirk Nowitzki,...

Words: 1873 - Pages: 8

Premium Essay

Dave and Alma

...blah Edgar Espana Kara Lybarger-Monson English MO1B February 29, 2012 Questioning Ones Power In T.C. Boyle’s novel When the Killings Done, Dave LaJoy the so-called animal lover and animal rights activist, who by the way hates humans, faces-off with Alma Boyd Takesue, the real animal lover that is trying to restore “Eden” to the way it was before being infested by rats and feral pigs. Both Alma and Dave are interested in animal rights but have different ways in doing so, Alma even though she’d rather not kill anything has to eliminate animals from Eden because she is dedicated to preserving the species unique to Eden’s environment and Dave, on the other hand, is on a determined mission to “save animals” even though the way he goes about it is very destructive. They both will do whatever it takes to preserve the animal’s rights even if that means lives are lost. Throughout the story, we find out that both Alma and Dave question their motives on how they are fighting for the animals rights. Like despite all the power Alma has, she doesn’t really know what to do with it and we also find out Dave questions his motive of controlling because he lacks the power Alma has. Because of each characters’ internal conflict, the actual power of each character is shown: Dave questions his motives of controlling because he lacks the power to do so and ironically, Alma questions her actions even though she has complete control. Alma is very dedicated to what she does such as she...

Words: 1175 - Pages: 5

Premium Essay

Chappelle Show

...get their ass beat to a soundtrack. --Dave Chappelle Although this comment is humorous and socially clever, Chappelle’s joke says more about American culture, specifically racial and class issues, than most academics can hope to explain. As James Lipton suggests in his interview with Dave Chappelle on the talk show Inside the Actor’s Studio, black comedy has been an important form of art for learning about the black condition. Comedians, such as Bill Cosby, Chris Rock, and Eddie Murphy are just a few of the black comedians that have used their art to provide those insights and induce change in society. The late Richard Pryor understood more so than others that in comedy he had “‘a unique vehicle’ at his disposal that he would be wise to employ for ‘meaningful expression’” and his declared successor, Dave Chappelle, did as well (Simpson 114). The influence of Chappelle and Pryor’s comedy on the American audience has been a highly researched topic. The influence of the most recent and still dominant figure, Chappelle, has yet to be entirely seen, as many of his performances are hardly a decade old. It is undisputed among scholars and critics, however, that, like Pryor, Chappelle through his art “has made us look at ourselves and laugh at ourselves,” stimulating an open discussion about a multitude of issues including race (Lipton). Therefore, through their comedic art, Richard Pryor and Dave Chappelle, whose backgrounds shape their comedy, offer important...

Words: 3450 - Pages: 14

Free Essay

Sonic Highways Evaluation

...Vanessa Zsorey Dr. McCort College Comp 11 December 2015 Sonic Highways A band lasting as long as twenty years in the music industry with their original sound not suffering is a rarity. The Foo Fighters, led by the legendary Dave Grohl, are magnificent rockers who throughout two decades, continue to stay relevant in many ways. Throughout these twenty years they have released nine albums, each of which contained some of the biggest alternative rock hits of all time. Though they may not be riding the radio waves constantly or may only appeal to a shrinking audience, their craft has never once suffered. Their newest album, Sonic Highways, is pure proof that the Foo Fighters continuously try to push themselves out of their comfort zones in order to remain interesting to their fans. Sonic Highways was the most recent project the Foo Fighters have put out and the most creative of the past eight albums. The process to create this album was far more in depth and unique compared to the traditional methods. Typically, when a band decides they want to record, they find the closest studio that is in their price range and is the best quality necessary to fit the project. Mixing the recordings has gotten incredibly easy in recent times, where all that is really necessary is the ProTools program. With Protools, any errors can easily be cleaned and corrected, then moved on to the master CD and sent off to be pressed. A decade ago, recording and mixing were not nearly as simple or cheap...

Words: 2500 - Pages: 10

Free Essay

Global Poverty Concert

...Electric guitars and staggering statistics shared a Central Park audience of more than 60,000 people on Saturday at the Global Citizen Festival, a five-hour concert held on Central Park’s Great Lawn devoted to ending extreme poverty worldwide. The music line-up—which included Neil Young with Crazy Horse, Band of Horses, The Black Keys, The Foo Fighters, K’Naan and surprise guest John Legend—performed free-of-charge to the public to highlight issues of hunger, poverty, polio and malaria. But while the simulcasted event’s intention was to increase awareness of worldwide social inequity, the overall message of altruism fell flat. Two hours before the concert’s start time, the attendees flooded the Great Lawn. Petition holders representing UNICEF, Half the Sky, The End of Polio and Charity Water descended upon the crowd to collect signatures to encourage future involvement in their respective charitable causes. Surprisingly, the charity volunteers were not well received by the music lovers. Many attendees walked away, or, responded with “leave me alone” before the volunteers could utter a word. The apathy, and the resulting cold responses, lasted from the time of admission to when the opening band stepped foot on the stage. It is odd that attendees shrugged their shoulders at the ambassadors; yet, they lit up when the musicians advocating for the same charities began performing, especially given the timely message. The concert was scheduled around the meeting of the United...

Words: 547 - Pages: 3

Premium Essay

A Child Called It are given these kinds of parents. There are children who do not have parents but the worst is there are children who are being abused by their own parents. The person that should make them feel their importance in this world are the ones who make them feel unworthy, make them feel unloved. Abstract Philosophy literally means love of wisdom. During our Philosophy class, we studied different philosophies from different philosophers. Philosophy is everywhere. Our Philosophy in life could be affected by books, persons, movies and events in our life which proves that everything is part of philosophy. A Child Called ‘IT’ is a story of Dave Pelzer’s abused childhood life. His mother suddenly changed and began to hurt him. There are a lot of issues regarding child abuse in our society today which shows different kinds of philosophy. Dave and the other people involve in this books shows their own and different philosophy in life. The main philosophy that this book taught me is the philosophy between good and evil. It was a philosophy by Lao Zi, St. Augustine and St. Thomas Aquinas. Background on Child Abuse If you watch or read the news every day, you would notice that issues about child abuses are always there. Even their own parents hurt...

Words: 2828 - Pages: 12

Free Essay

Hope Even in the Worst of Times

...for my brother to be healed for the drugs she had taken while pregnant had affected his brain. The wish of course never came true and I had to put my hope in something new. I found Jesus to put my trust in and he helped me to be forgiving and loving to others even when they did not deserve it. I know that not everyone is religious, but I do understand the importance of hope. This is why I want to give hope to others and I believe being a social worker can accomplish just that. Dave Pelzer was the boy from A Child Called IT. Dave is an example of why it is important to help others and to look out for those in need. Dave is a boy who was abused by his mom and did not get help for years to come, but through this whole time he had hope. He still is hopeful to this day and with the teachers and social workers help he was able to live to share his story. His story is very said and a great way to explain why being a social worker is one of the best ways to give hope to people. It talks about how Dave would be starved and abused by his mom growing up. In the book says, “She brain washes him, telling him he is a "bad boy" and does not deserve to have things his brother have. Her abuse keeps...

Words: 1391 - Pages: 6