Evaluate the elements of the strategic planning process and determine which is the most essential to get right. Explain your rationale.
According to Kuntz, “Strategic planning often makes the difference between an organization’s success and failure”, (p, 262). It is crucial for a company to set organizational objectives. Objectives are essential to the strategic planning process. Companies use objects to determine and map out ways to perform in customer service or even profitability. Many investors will not back companies that do not have a clear plan. Often times, not having suitable funds are way must small company business sale or close their business. Companies need to have some type of focus to move to the next level. If you take us as graduate students, at some point in our lives we sat down and created goals or expectations with in a certain time frame to accomplish. If we don’t achieve the goal, then it can set us back from achieving success in other areas.
Analyze the impact of corporate culture and different organizational structures on a manager’s role a decision maker and leader. Create and describe an overall best-case scenario
There are several factors when managers make decisions. Managers use their best leadership qualities when it comes to managing and shaping the culture of the organization. Each person in a corporate culture is tailored to one goal. Managers continue to communicate the goals of the business to their employees which will minimize the mistakes. Organizational structure involves delegating the task. Managers are responsible for giving their employees a job and making sure the employees are achieving and following through with positive results. The bigger the company the complex the approach will continue. Having structure will eliminate chaos, but also help managers decide on the appropriate approach. A great example would be me