Purchase Solution

Business Strategy for an Organization

Not what you're looking for?

Ask Custom Question

Help me please !!! I really need help please can someone please help me please

In an 800 word paper and discuss steps an organization should take to insure that strategy is implemented. Address both short term and long term execution and use at least one example (successful or otherwise) from your professional experience.

Purchase this Solution
Solution Summary

The business strategy for an organization are examined.

Solution Preview

Strategy is basically planning and pooling resources for efficiencient use in order to achieve a desired end in the future and is derived from the Greek word stratos which means guiding.

To ensure that an organization implements its formulated strategy, there are various steps that it can take. One step involves setting a time frame within which the strategy will be achieved .The organization can use the strengths, weakness, opportunities and threats (SWOT) - analysis. Conducting a SWOT analysis is an important strategic step for every organization as it enables it to review its internal strengths and weaknesses vis a vis its external threats and opportunities. The SWOT analysis is especially useful in ensuring that organizations are able to keep tab with their performance as well as remain relevant within the industry. Many firms that fail to conduct a SWOT analysis quickly find themselves becoming obsolete and being overtaken by competition within the marketplace.

Another important aspect in the ensuring that strategy does get implemented involves the utilization of effective communication. Effectively communicating the strategy to the employees who will actually implement the new strategy is paramount if they are to meet and exceed an organization's expectations. Communicating the ...

Purchase this Solution
Free BrainMass Quizzes
Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Paradigms and Frameworks of Management Research

This quiz evaluates your understanding of the paradigm-based and epistimological frameworks of research. It is intended for advanced students.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.

View More Free Quizzes
Related BrainMass Solutions

  • Business Case for IT Strategy

    544595 Business Case for IT Strategy Building a business case for an IT strategy is essential to demonstrate that there is an alignment between the IT that is implemented in the organization and the overall goals and objectives of the organization.

  • Grand Strategies

    Strategy operates at three levels in an organization; the corporate level, business level and the functional level. Every organization has its own strategy, which aims at the planned development of the organization.

  • Design Strategies Paper

    The design strategy plays an important role between the organization design and business strategy. Design strategies are also helpful to describe the methods of achieving required results and mitigate the risks of the business actions.

  • business-level strategy

    Business level strategy is an integrated set of actions used by firm to obtain competitive advantage by exploiting the core competencies and strengths of an organization in an industry or product/service segment.

  • Market Segmentation and Strategic Positioning

    For example, a very good business strategy focused upon growth and profitability may cause an organization to remain in the growth stage of their life cycle for an extended period of time.

  • Different Organizational Business Strategies

    Another very important organizational proactive business strategy, is for business leadership to develop a focused and highly detailed mission for the business organization.

  • Organisational Strategy and HR Management

    WHAT ARE THE NECESSARY CONDITIONS FOR DETERMINING A BUSINESS STRATEGY IN AN ORGANIZATION? There are a number of conditions to consider when determining the best business strategy for an organization.

  • Developing an Exit Strategy for Your Business

    530778 Developing an Exit Strategy for Your Business Prioritize the various exit strategies and explain the order you established. Then, discuss at what point in the business each strategy should be executed along with your rationale.

  • Strategies for Business Growth

    for the business. 1.

  • Global Business - Entry and Exit Strategy

    Summarize the impact of an exit strategy on the strategic planning for a global organization? 3. What factors which can contribute to a Global Business Failure of an organization?

View More Related Solutions