Essay About Step And Self-Concept

Organizational Structures
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Part 1 Mission Statement – 20%
9 Components
Product/Service
Markets – geographic/target mkt
Customers
Technology (State of the art, continual improvement, innovative, cutting edge)
Philosophy – basic beliefs, values, & aspirations
Self-Concept – distinctive, competencies/company advantage
Concern for employers
Concern for public image – community, environment, societal issues
Concern for survival, growth, & profitability
Rate the Mission Statement
= X/9, where X is the number of components present
Indicate the components that are present
Account for the mission components
EFE & IFE – 30%
Matrices will be given to you
Multiple Choice – 50%
Chapter 1: Introduction
Strategy is a continuous process, a loop/circle
Not really a step by step linear progression with beg & end
Three Stage Process
Formulation – developing a strategic plan
planning stage
responsibility of the strategists –
Implementation – doing/acting stage
first line & second line
Evaluation – monitoring & taking corrective action
Reviewing external and internal factors that are the bases for current strategies
Measuring performance
Taking corrective actions
Strategists – individuals who are most responsible for the success or failure of an organization
Help an organization gather, analyze and organize information
CEO, Board of Directors, top managers (using input from lower level employees/consultants)
Policies – rules put in place to help decision making (two types:
Programmed – routine occurrences, repetitive, reference material available