Strategic Management Process Paper Essay Example for Free

Strategic Management Process Paper Essay The strategic management process consists of four major components; they are environmental scanning, strategy formulation, strategy implementation, and evaluation and control. They each are broken down into their specific roles within the strategic management process. The Environmental Scanning is the monitoring, evaluating, and disseminating of information from the external and internal environments to key people within the corporation. An easy way to use this component would be SWOT, this acronym stands for Strengths, Weaknesses, Opportunities, and Threats and it shows the strategic factors for each individual company. The next component of the process is the Strategy Formula and that is the development of long-range plans for the effective management of the environment opportunities and treats, in light of corporate strengths and weaknesses, this process also relay’s on the SWOT process. This process helps define the corporate mission, helps specifies achievable objectives, helps develop strategies and helps setting policy guidelines. Strategies Implementation is the process of which strategies and polices are put into action through the development of programs, budgets, and procedures. This process can cause changes to happen within a company such as, overall culture, structure, and management system of the entire organization. When a corporate wide change is needed the implementation of strategy will be conducted by the middle and lower level management, and then the higher management team would review those changes. This can be called operational planning as well and that would implement day to day changes. The last process of the strategic management process is evaluation and control; this is the process which corporate activities and performance results are monitored so that the performance that is happening now can be compare to what is expected. This would apply to managers on all levels and  they use this information to take corrective action and resolve any problems. This part of the process can also pinpoint weaknesses in previous implemented strategic plans and can cause the process to start all over again (Wheelen Hunger, 2010). Strategic management is important for many reasons. First of all these processes help leaders to implement the vision and mission of the company, and what goals are needed to get the company where it wants to go. Typically created by the owner or top management in a company, the strategic management plan offers direction and guidance to the employees, sets up measurable goals and time lines and designates duties of all personnel. Marketing and sales projections are included in the strategic plan as well as plans to review the achievements of each department (Ray, 2012, p.1). BMW Strategic Process BMW is a German automobile and motorcycle manufacturer. BMW automobiles are considered luxury vehicles with endless amounts of options and expensive price tags. The company, which was at one time was severely struggling financially is extremely successful. The organization continues to sell more care almost every year, created strong brand recognition, and a loyal customer following. BMW created what they call corporate Strategy Number One; this includes plans for the future, survey results, and performance evaluations. The purpose of the strategy is to pursue the vision of being the leading provider of premium products and premium services for individual mobility (BMW Group†, n.d.). The strategy continues to describe the objective and how BMW plans to reach those objectives. To clarify the organization included the results from surveys distributed to stockholders and employees. The challenges the company faces were also clearly laid out, along with previous achievements. Conclusion After examining all the necessary elements to a strategic management process one can understand why each is necessary to achieve success. The elements work together and when done properly do so with little effort. However, to deflect any challenges from competition the elements need examining frequently to see if changes are necessary. BMW provides an excellent  example of an organization with solid strategic management. The organization has clear-cut processes and evaluates current process and is looking to the future. References: Wheelen, T. L., Hunger, J. D. (2010). Concepts in Strategic Management and Business Policy Achieving Sustainability (12th ed.). Retrieved on September 15, 2014 from The University of Phoenix eBook Collection database. Ray, L. (2012). Strategic Management Process, eHow Contributor. Retrieved September 15, 2014 from http://www.ehow.com/how-does_4964358_strategic-management-process.html BMW Group. (n.d.). Retrieved on September 15, 2014 from http://www.bmwgroup.com/e/0_0_www_bmwgroup_com/verantwortung/publikationen/sustainable_value_report_2008/_pdf/SVR_2008_engl_Kapitel_1.pdf

Kofi Annans effects on Canada trip :: essays research papers fc

Introduction Mr. Kofi Annan is, I feel, one of the most important people in mankind today. He is the Secretary-General of The United Nations. Last March, he came to deliver a speech on Canada’s position in the world. He thanked and congratulated us on what we have done in the world. He also admits that more needs to be done by rich nations like us. This I feel will spark some controversy because I feel Canada has done enough for the world and the UN should be satisfied with their efforts. I feel Mr. Kofi Annan’s speech will inspire and motivate the rest of The United Nations (it’s countries) and even us to keep committing or even add even more to what each and every one of us do. The proposal by Mr. Kofi Annan may bring many different advantages in helping our mixed up world. First, I feel it may get countries like the USA to get up off their stubborn behinds to start helping other nations instead of calling war on every one of them. The USA may feel that they are slowing or stopping terrorist activities worldwide, but they are only increasing the number of terrorist activities since they declared war on terrorism. They decide to concentrate places where there isn’t very much terrorist activity or even any hostility. Places like Afghanistan or Iraq may have had militants but they were not an immediate threat to anyone. They should have occupied places where help is needed most like in the Middle East where clashes between Palestinians and Israel h ave been numerous and brutal to this day. Maybe by listening to the speech the USA will see that there are other ways of helping the world besides bombing anyone they don’t like.   Ã‚  Ã‚  Ã‚  Ã‚  This speech may let Canada know that they’re role in the world is greatly appreciated which may lead to a greater participation with The United Nations and other poorer nations. We have been an outstanding part of the development of many developing nations such as Afghanistan, Iraq and some African nations. When we realize that we had not been just making our selves look good politically, we were making a huge difference. I can just see in the future Canada getting world support in the event of a crisis just as we have aided many others. I can just see the Chinese, the Russians the Germans, the French and the English running to our aid in the event of a disaster of any kind.

Mun,delegate of australia

The delegate of Australia Is very excited to collaborate with delegates and participate In this prestigious conference. Today our delegation Is here to discuss two of the most aggravating issues in the world. It is a great concern to our people, and we are sure that it is a great concern to the entire world as well. The house is here to firstly discuss the Rebuilding South Sedan's Economy, following its Recent Independence and Ongoing Conflict with Sudan.As a new nation, South Sudan is building some of TTS institutions from the very start, with core administrative structures and mechanisms of political representation beginning to emerge. The Government Is still struggling to provide basic services for the majority of the population. Since the country independence in July 201 1, high inflation has been affecting the economy, which remains relatively undeveloped. Secondly, the HIVE virus, most commonly known as AIDS. AS all of you are aware, Eliminating Stigma and Discrimination Agains t those Infected with HIVE/.They tend too suffers from a tremendous lack of lath care, which accelerates the population's death rate. The HEADWINDS is affecting 1. 1 million people in the country,therefore they are forced to leave their homes and are left In poverty. CLC. Due to Its history of so many civil wars, diseases and death rates are always increasing in The widespread destruction of homes and hospitals has left children without families and many people with sicknesses and injuries. Because of the country poverty, state health facilities offer no treatment for HIVE/AIDS other than voluntary tests and council.The HEADWINDS virus acts as a significant brake on the economic growth and development of the country, since the people affected are forced to leave their Jobs. For these reasons we urge all delegates of the house to vote In favor of our resolution. TLS delegate of Australia wishes to contribute and collaborate with other delegates to solve these very urgent issues. Than k you for your attention Topic 1: after decades of brutal civil war that left two and a half million dead, the devastated and vastly underdeveloped southern part of Sudan secured Its Independence In 011.The world's youngest country came into existence amid great challenges. Secession from Sudan marked a major milestone and opportunity for South Sudanese, but the nascent state has remained fragile. During its first years of independence, an oil standoff with neighboring Sudan, inter-communal violence, persistent rebellions by splinter militia groups, increasingly constrained political space, corruption, and limited economic opportunities troubled the young nation. Then, In 2013. Power struggle within the ruling political party mutated Into an armed conflict, first on the streets of the capital city, and then across the country. South Sedan's latest war has killed thousands and displaced almost one million people. Although a cessation of hostilities agreement has since been signed, it is not being enforced. As South Sudanese seek to move forward, they have to build stable inclusive national dialogue process, security sector reform, and real accountability measures are needed to address the root causes of South Sedan's violence.Otherwise, the continued violence raises the specter of further atrocity crimes, and ungenerous destabilize consequences for the region. Industry and infrastructure in landlocked South Sudan remain limited, imposing prohibitive costs on the procurement and delivery of relief items and other operational activities. Seasonal rains and annual flooding render large parts of the country inaccessible by road between June and November. Inter-ethnic conflicts continue in various parts of the country, causing internal and cross-border displacement. In Jingle, more than 132,000 were displaced by August 2013.The rate of refugee influxes from Sudan remains considerable, with almost 6,700 individuals registered between January and August 2013 in Unity and Upper Nile states. The South Sudanese authorities continue to provide protection and safety for over 234,000 refugees in the country and have allocated land for two new refugee camps in Unity and Upper Nile States. Following the creation of the Commission for Refugee Affairs in early 2013, the authorities established a regular presence in the refugee-hosting areas, ensuring effective coordination with humanitarian actors on the ground.In a newly independent nation, parts of the population remain at risk of coming stateless by virtue of being of mixed Sudanese-South Sudanese parentage, originating from border areas, or having resided in Sudan for an extended period of time. TOPIC 2 actors that contribute to Wealds-related stigma include: HIVE/AIDS is a life-threatening disease, and therefore people react to it in strong ways. HIVE infection is associated with behaviors (such as homosexuality, drug addiction, prostitution or promiscuity) that are already stigmatize in many societi es.Most people become infected with HIVE through sex, which often carries moral baggage. There is a lot of inaccurate information about how HIVE is transmitted, creating irrational behavior and misconceptions of personal risk. HIVE infection is often thought to be the result of personal irresponsibility. Religious or moral beliefs lead some people to believe that being infected with HIVE is the result of moral fault (such as promiscuity or ‘deviant sex') that deserves to be punished. The effects of intervocalic therapy on people's physical appearance can result in forced disclosure and discrimination based on appearance

Eco Friendly Sustainability Consultancy And Fee Structure

WORKING HOURS Eco-Friendly sustainability consultancy is intended to be a full-time business: Monday – Friday 9 am – 5 pm Saturdays and evenings will be consultation, measuring and quoting jobs. 7. Marketing Strategy Our target markets will be small and medium sized existing buildings seeking sustainability consultancy in the surrounding region. Eco-Friendly Sustainability Consultancy will market its services by placing an ad in the yellow pages, listing with all local business and industry associations, developing a brochure to be distributed to lending institutions and clients, becoming an active member of a number of construction and consulting associations, networking with the local business community, and developing†¦show more content†¦Eng. F. Abraham will join local construction consulting associations to maintain contacts in the construction community as well as to stay well informed about the business issues that are important to local businesses. Description of Key Competitors There are few sustainability consulting companies focusing only on maintenance of existing small and medium sized buildings in the United Kingdom. Mostly are large consulting firms (more than 30 employees) that offer consulting services to small and medium sized businesses. However, these large firms cannot cost effectively service this market due to high overhead and labour costs. Small and medium sized businesses usually cannot afford the high hourly fees charged by these firms. Business from this target market does not represent a significant portion of the revenues generated by these large firms which all specialize in new projects. Analysis of Competitive Position Eco-Friendly sustainability Consultancy will be the only consulting firm in the region specializing in providing sustainability consulting services to small and medium sized existing building refurbishment. Eco-Friendly sustainability consultancy has a competitive advantage in this area due to the innovative unique idea. However, as a new business, it may take time to establish a strong client base and develop a reputation as a small business specialist. Pricing Strategy Eco-Friendly sustainability Consultancy services will be priced