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Insights on Management and Organizational Strategy

In: Business and Management

Submitted By dgodofsky
Words 640
Pages 3
To manage and operate business things need to be in place to succeed and bring profits, which is the main goal of operation. There are five key insights of management and organizational strategies to guide leadership through the steps to success. The five strategies are purpose, vision, core values/principles, mission, and goals. In my opinion, these strategies prove success if in place correctly. Purpose is a leader’s and organization’s DNA. A leader should often ask, “What is our reason for being”? Having an effective purpose is shaped by the core values and guiding principles which are put into daily practice. Before I go to work every day I think about what my purpose is and how I would lead the organization to accomplishment. I would have perks, incentives and motivational goals in the workplace. Vision is a leader’s realistic, credible, and compelling future state. Again, a leader must always have a picture of the desirable future. The vision animates, inspirits, and transforms core values into action. Leaders must have their clear vision before implementing radical change. In my prior organization I believe that the vision of what we were doing was fogged and sight was lost. As a manager, I would make an end goal in place to reach. The core values are basic beliefs about what is good or what ought to be and serves as the guideline for ethical conduct and decision making. The guiding principle defines the core value; it is the promise and commitment that tells how the organization will provide ethical services. In my place of employment, a core value was set from the beginning giving off the way the work environment needs to operate, and with utmost integrity and ethics. My business would be the same; set the core value and never stray away from it for a second. A mission is the organization’s focus onto where the end goal is; the official goal of the

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