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Managing strategic and operational activities

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As a mid-level manager in a good-sized organization (hospital, multi-specialty group practice), you will frequently be responsible simultaneously for implementing new strategies while effectively conducting ongoing operations. How do you decide how to allocate your time, your staff, and your resources between strategic and operational activities?

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1. The difference between strategic and operational activities.

It is important to recognize and understand the difference between a strategy and an operational activity. A strategy guides the direction of the organization; it is about the future of the organization and requires long term commitment. Operational activities on the other hand are short term goals, and vary from department to department (Moseley 2009).

2. Managing short term operational goals and long term strategic goals

Simultaneous implementation of short term operational goals and long term strategic goals may be effectively managed by allocating time, ...

Solution Summary

This solution provides a short explanation of how to manage time, staff and resources when implementing strategic goals for the organization and at the same time, managing ongoing operations.

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Strategy Formulation

Research HP.
Using your readings, the Library, and the Internet, write responses to each of the following:

1.What is your impression of the operation of HP?
2.Conduct a SWOT Analysis of HP to be submitted in an MS Word table.
3.Define competitive advantage and competitive strategy. Does HP have a competitive advantage and/or a competitive strategy? Justify your answer.
4.Choose one HP product (http://www.hp.com/hpinfo/newsroom/index.html?mtxs=corp&mtxb=3&mtxl=4). Describe the components of this product value chain.
5.What strategic alternatives are open to HP? Explain and justify your answer.
Please submit your assignment.

Your knowledge and Insights are greatly valued.

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