Strategies and their advantages in connection with the corporation’s goals Essay Example for Free

Strategies and their advantages in connection with the corporation’s goals Essay In today’s highly competitive market, the continuous changes that are occurring in the social, politic and economic environment create serious challenges in the corporate world. Corporations cannot afford to do business as usual if they want to remain in the game and be successful. In order to achieve their goals and objectives, they need to evolve, adapt, learn and apply different new strategies that will help them secure long-run success and performance. Among those strategies, we are going to discuss ten of them and their advantages in connection with corporation’s goals and objectives. 1. Environmental Scanning It is the first basic element in strategic planning. It is a process of cautious monitoring of external and internal factors that can affect the future and survival of a firm. It is done through the SWOT analysis where data are gathered, evaluated and analyzed by specific people in the organization. This strategy gives a lot of advantages such as helping the company to assess its outside environment for scientific, social, technical, political and economic changes that can affect its position in the world. It forces management to perform a self-analysis to establish areas of strength and areas that need improvement within the corporation in order to guaranty performance and success. It also helps with forecasting new strategies and promoting new position and vision of the company for the future. In order words, this approach helps corporation gain competitive advantages. 2. Strategy Formulation After defining the corporation’s internal strengths and weaknesses, external opportunities and threats, the next step is to develop a broad plan to help the organization efficiently reach its goals while monitoring the environment with strategy formulation. It this process the company will determine its mission, vision, objectives, strategies and policies. This strategy helps the organization to determine and understand their purpose, their reason of being, their goals, what they want to achieve, how they will achieve their goals and objectives and finally it gives specific guidelines that help with implementation. It allows everyone from top to bottom to have a clear understanding of the company’s objectives and what is expected from  them, it also reduces the risk of confusion, waste of time, money and energy among the three levels of management. 3.Strategy Implementation It is the execution of strategies and policies through programs, budgets and procedures to reach its goals. In this process plans are assigned, costs are allocated to tasks for better measurement of return on investment. The firm’s resources are used and a detailed system is given on how to perform specific jobs. This strategy turns strategies into concrete results and helps implement changes that are documented for future references. It also provides good measurements of projects with a time frame. It gives employees a clear step by step on how to perform their day-to-day tasks that will improve overall efficiency and sets the tone for quality work in all levels of management. 4. Evaluation and Control In this process, the activities performed are evaluated to determine if the corporation’s goals are being achieved by the strategies that are chosen. If the results are not satisfactory compared to pre-defined standards, management must take correctives actions to adjust the issues. This strategy stimulates the ongoing process of improving performances within the corporation. Since the environment is constantly changing, it is imperative for management to be proactive by constantly reassessing its strategies in order to stay competitive. 5. Initiation of Strategy: Triggering events When an organization becomes too comfortable with its actual strategy, it tends to become contented and not willing to make changes. This situation creates serious setback. It only means that the corporation is not growing and might be left behind in the competition. The triggering event is something that provokes a change in strategy. It motivates management to reexamine the firm’s position and bring new ideas, new strategies on the table. It helps the corporation to stay alert and informed about new changes in the environment and act accordingly to keep its competitive advantages. 6. Strategic Audit It is the process of analyzing the different function and activities of a corporation to find out its strengths and weaknesses by using a checklist of questions in all areas. This tactic helps identifying specific areas that create challenges and also provide solutions to problems. It also brings fresh perspectives to the company. 7. Organizational Learning Theory It is an organization that instead of imitating competitors or reshaping their environment is willing to use information that is available and using it to be more suitable to its environment. It assertively involves people from all levels of management to have their input into strategic planning. This strategy helps the corporation to act vigilantly in order to adjust and evolve in their challenging environment. 8.Strategic Flexibility It is a corporation’s aptitude to respond to changes in the environment by moving from one strategy to another in order to adapt. This strategy sustains the corporation’s competitive advantage in the industry. It also requires that the corporation to become a learning organization that is dynamic and ready to acquire knowledge and use it to its advantage. It also teaches the firms how to solve problems systematically and make them expert in their field of action. 9. Globalization Companies are doing business all over the globe and serve different markets regardless of countries borders. It has affected the way business is done today. This strategy is important for companies that want to stay competitive. It gives opportunities for new markets and economic growth, and also open doors for a cultural learning experience that is an asset for any firm that wishes to become a learning organization. 10. Social Responsibilities of Strategic Decision makers A corporation has not only economic, legal responsibilities but also responsibilities toward society. If those obligations which are both ethical  and discretionary are not fulfilled it will affect the corporation in the long run. Ethical or discretionary duties of today can become laws of tomorrow. By abiding to them, corporations will positively affect their financial performance, give them competitive advantage and good reputation within the community they do business with. Bibliography Wheelen, T. L., Hunger, J. D. (2012). Strategic management and business policy: Toward global sustainability (13th ed.). New York : Prentice Hall, pp. 3-86.

Internet Telesurgery Saves Lives :: Technology Argumentative Persuasive Essays

Internet Telesurgery Saves Lives People view the Internet generally in two ways either in a positive light or a negative view. What adds fuel to how people feel about the Internet is what they hear about the Internet from the media. Whether they read it in a newspaper, magazine, or hear it on television the media effects how people feel about certain things and this includes their feelings on the Internet. The Internet gets positive coverage from the media whenever it makes life easier or better, by making things more convenient. One positive advancement with Internet technology is the development of telesurgery over recent years. Telesurgery is a way to perform surgical operations without having the doctor in direct contact with the patient during surgery. This is made possible by giving the doctor control of robotic operating tools. The doctor can perform the surgery from almost any distance while the patient receives the surgery from remote control robotic operating instruments. What enables the doctor to control the surgery is a powerful Internet link to connect the doctor to operating tools, monitors, and to communication with other expert doctors. While the patient undergoes the surgery they are not left alone with the robotic instruments they have direct human assistance at the scene of the operation. The surgical assistant is needed to monitor any problems that doctors may miss due to slight delays in Lopez 2 the Internet link. While telesurgery can be used to perform most operations, some common surgeries that telesurgery has been used for are gall bladder removal, appendectomies, and gynecological procedures. This technology has an endless amount of benefits. A patient can receive the operation they need at their local hospitals from the most qualified surgeon in that field of medicine. The ability to operate on people without the doctor being present will enable the medical field to reach farther than it ever has before. With the right link to the telesurgery equipment the Internet is one step closer to having, no boundaries. Surgery can now be performed where doctors may not have the training to perform certain operations. For instance in underdeveloped countries, where the medical standards have not reached the capabilities of industrialized nations. Telesurgery will benefit those who are injured while fighting on the battlefield and are in need of major medical attention. The doctor can provide the injured soldier with the help they need from a safe location without the worry of injury to them self.

M Hill

The† Hard Choices† essay had a better outline and gave a more interesting dead than â€Å"Initiation into Adulthood† â€Å"Initiation into Adulthood† is a very basic essay and gave the impression that is was written by a less experienced writer. I felt the paper was boring and did not keep my attention while reading each short story. The most noticeable mistake was that the paper did a plot summary for each story and never provided a conclusion or a position in any of the stories. The checklist says to use present tense verbs and this story used mostly past tense.The â€Å"Hard Choices† essay gives an analysis of each short story and provides direct quotes from the short stories. â€Å"Initiation into Adulthood† did not do a imperative analysis of the short stories. There were no literary terms used in this essay and there were no works cited. The writer did not list the authors names in the essay to give credit for their work. This essay was b oring and did not really give the viewer cohesive account of what the writer was trying to convey. Hard Choices† on the other end was a good read! It was exciting it kept my attention and made me want to continue to read more. This essay followed most of the literary rules of writing, Although, I found the plot summaries for this essay to be boring as well. I really liked reading the comparative analysis ND the writer's position for each of the short stories. The writer gave us their view of why they felt each character made the decisions that were made for each story from their point of view.Unlike â€Å"Initiation into Adulthood† the writer for â€Å"Hard Choices† uses present tense verbs when writing about the short stories. The writer used the necessary resources to support their view of the stories which made the writer seem reliable. The conclusion for this essay was dead on and summarizes the short stories completely and was cohesive with the rest of the e ssay. Am not really into literature and I don't think I am a very good writer. Hopefully, that will change after this semester.I think something that would make both essays easier to read would be eliminating the plot summaries. Like novels and in most movies the reader/viewer does not want to have the plot given to them in the beginning. I think both essays would be a better read if their plots were a buildup and the reader was given the opportunity to read and draw their own conclusion.

Masculinity in the Russian Mafia - 1677 Words

Eastern Promises challenges the view of hegemonic masculinity as a a static, unified concept. By analyzing the behaviors of members of the Russian mafia, vory y zakone (thieves in law), particularly of Kirill and Nikolai, this paper will illustrate how masculinities are constructed, performed and reaffirmed in the context of the Russian mafia vory y zakone. The paper will begin by describing the main tends of masculinities theory, proposing that vory y zakone are creating oppositional masculinity. Keeping this context in mind, it will be illustrated how men in vory y zakone are constructing and performing masculinity through degradation of women more specifically sexual and verbal abuse, through the use of violence and†¦show more content†¦This can also be seen in the sex position that Nikolai choses. The sex position known as doggy style is often seen as symbolically impersonal and demeaning, as the position involves the women to be on her knees while the men takes full c harge with little possibility for eye contact. Furthermore, Nikolai shows no sign of affection nor engages in conversation with the girl in Kirill’s presence. Kirill watching Nikoai have sex with the girl illustrates how degradation of women serves as performance of reaffirming masculinity for other men. Gang rape serves as a way for men enact masculinity and power in relation to women but also to other men (Bourgois 1996, pg. 423). One particular reference to gang rape is when Kirill was expected to rape Anna, the author of the diary. When he could not rape her, his father Siymon raped her in front of Kirill, thus displaying and reaffirming his masculinity to his son, who failed to do so. Masculinity can also be created through verbal degradation of women. Kirill and Nikoai constantly degrade women verbally during their conversations, making comments such as that women should be tamed like a horse and referring to women as â€Å"bitches†. They therefore imply the su bordinate status of women and imply that they need to be controlled. Heteronormativity in the mafia One of the main words heard often throughout the movie is the term â€Å"queer†. Being queer orShow MoreRelatedBreaking Bad And Orange Is The New Black3602 Words   |  15 Pagesthe mainstream industry. Also by critically breaking down character roles, scenes, and themes of both TV series, we can understand how influenced our social understandings and perspectives are. Lastly, by explicitly focusing on the themes of sex, masculinity and femininity, which all formulate the concept of gender as well as exploring the depiction of criminality, this paper will critique how BB and OITNB approach diversity. A contrast between the two series will also be made by evaluating secondaryRead MoreStarbucks to Russia5283 Words   |  22 Pagesstrategic location, providing the speedy and effective access to the countries of the CIS, the large number of population and increasing in consume rs purchasing power, Russian market is a profitable area that should not be overlooked at all. Market Research According to the research from Euromonitor International (October, 2005), Russian coffee market is dominated by an instant coffee with a significant 90% share of the market in value terms. The fresh coffee market is still in the introductory phaseRead More Chechnya and its People Essay5500 Words   |  22 PagesChechnya and its People The ongoing civil war between the semi-autonomous republic of Chechnya and Russia has dramatically caught the attention of the world – a world that perceives the conflict primarily through the distorted lens of Russian propaganda, and the contradicting images of Chechen suffering on the independent media. If the West seems impartial or even indifferent to the Chechen conflict, it is because there is little understanding of this people, of their struggle, or of the vastRead MoreRepresentation Of The Working Class2386 Words   |  10 Pageshostile world’ (Celli 2001: 12), which left them isolated from society. It seems as if the world is conspiring against Antonio in Ladri di Biciclette, insofar as every faction of society treats him with disdain, including the party, Church, police, and Mafia. Therefore, it follows that the Italian state is the main culprit for the creation of working-class isolation (Celli 2001: 12). Antonio battles with officials from the sate employm ent office in order to find work. During the scene, in which AntonioRead MoreProject Mgmt296381 Words   |  1186 Pagesneeded (imagine a large battery big enough to store enough electricity for a large city). What impact would this have on the wind and solar industries— consolidation, price wars? How will your business model change? Assume you are a Saudi Arabian or Russian oil company. One scenario is demand for oil dries up and drops to 5 percent of today’s demand. Should these companies begin to slowly invest in projects to develop and become experts in alternative energy sources? Another example: Around 1990 IBM