Vital Strategic Management Processes

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Recommended: Importance of teamwork or functioning group

A strategic leader can utilize decision-making teams as a powerful asset in successfully coping with the environment. Such teams improve their decision making by using a process of consensus, a process useful when developing national security strategy, military strategy, or strategic planning in other public or private sectors. Knowing how to forge consensus for policy development and implementation is critical to successful management and leadership. Being able to manage strategic consensus has been identified as one of the effective methods for the execution of strategy. Within an organization one of the fundamental priorities consists of understanding commitment (Floyd and Woolridge, 1992), as this is often reflected in important decisions which are ultimately made by project managers.

Change management within an organization is a tool which is used for transitioning teams and organizations to an anticipated future state. It is defined as being a change which requires people throughout an organization to learn to skills (Rouse, Margaret 2009). The idea of organizational change is a structured approach for an organization to ensure that the changes made are successfully and effectively implemented in order to achieve desirable and long lasting benefits. Within the business environment, there is increased demand for change and companies are rapidly facing change like never before due to globalization and advances in technology.

Objectives:

The main purpose of this coursework is to discuss two key areas identified as important strategic management processes within the strategic environment. Two areas which have been explored in depth include decision making and managing change. In terms of decision making the assignment has d...

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...cussed and shared among members. The second most important role is when the leader is responsible for developing a strong leadership structure. When the leadership is clear decision making teams tend to be more effective. They work better and produce better outputs.

McCann.P(2000) states implementation requires co-operation and support of shareholders, the Board of Directors, management personnel and staff.

Other roles that require to be taken throughout the implementation process are technical experts, acceptability, legal issues etc. Technical experts can assess the feasibility of new ideas. They can find many new solutions and they should be accessible to all parties seen as they are used as a neutral resource. The companies must test the technical assessments and legal issues. Legal issues must be detected and identified in order to stop delay the process.

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