What I Benefit From Course Strategy Management Class

1135 Words5 Pages
What I benefit from this course strategy management class is knowing. The strategic management is consisting of the analysis, decisions, and actions an organization undertakes to create and sustain competitive advantages. strategic management analyses. concern with overall objectives, involves multiple stakeholders, incorporates short and long term perspectives, recognizes tradeoffs between effectiveness and efficiency. The strategic management analysis, formulation, and implementation the challenge managers face of both aligning resources to take advantage of existing product markets as well as proactively exploring new opportunities. How operate governance essential to ensuring that the actions of a firm 's management are consistent with the goals of its shareholders, management and board of director’s relationship and various stakeholder 's interests are considered interdependent. The Various stakeholders compete for the organization 's resources: the gain of one individual or group is the loss of another individual or group. Also, Social responsibility expectation that businesses or individuals will strive to improve the overall well-being of society. Shared value of the certain and company policies and operating practices that enhance the competitiveness of a company while simultaneously advancing the economic and social conditions in which it operates. The assessment of a firm 's financial, social, and environmental performance the leaders, who have significant profit-and-loss responsibility and executive leaders and guide ideas, create a learning infrastructure, and establish a domain for acting. Also, internal networkers although they have little positional power and formal authority, generate their power through the conv... ... middle of paper ... ...value of a firm 's products or services. Strategic groups gatherings of firms that share similar strategies. What are the three processes organizations following to build and leverage human capital, Attracting human capital, developing human capital, and retaining human capital. the two types of mechanisms through which social capital will flow closure relationships and bridging relationships. Effective collaboration requires overcoming four barriers: The not-invented-here barrier. Management cycles is a structured approach to risk management decision-making. A major part of this approach is the development of alternative courses of action for a set of identified risks which have been examined through careful assessment and analysis the topics and case study. This what I benefit from this course strategy management classes to understand and applying my future tax.
Open Document