Thursday, May 16, 2019

Organization Strategies and Structures Assignment

Organization St accountgies and Structures - Assignment ExampleThe governance also puts emphasis on meeting long-term objectives in the initial stage. In the following stage, the organization contains with the implementation process where it requires establishing its yearly goals, develop policies, encourage employees, and assign resources so that formulated strategies undersurface be executed in an potent and efficient manner. Strategy evaluation is the final stage of the process. At this stage, the managers observe the overall business purlieu of the organization to manage the strategic process goodly and competitively (David, 2007). Notably, there are five types of collective strategies that can be used by organizations to achieve long-term objectives which are integrating strategies, intensive strategies, variegation strategies, defensive strategies, and Michael Porters Five Generic Strategies. Horizontal integration, forward integration and backward integration are at ti mes collectively known as integration strategies. Through this strategic alliance, an organization endeavors to gain control over distributors, suppliers, and its competitors. This stratagem is commonly used by the organization which looks forward to sell a type of product in numerous markets. Two of the major services of strategic alliance can be regarded as its assistance to organizations in responding to the economic imperatives and in improving the international competitiveness. On the contrary, a harm of the strategy is often considered as its failure to accomplish the objective and the goal of the organization when it is wanting(p) in capital and human talent to successfully manage and diversify the organization (Scribd, 2012). Intensive strategies deal with the factors such as market penetration, market development, product development and diversification which enable an organization for effective growth and potential augmentation. When the current markets are not saturat ed with a particular product or service then these strategies is often used by the businesses or corporations with a purpose to increase their rate of present customer extensively. The advantage with regard to this strategy is that it provides an effectual process for the organization to compete with their competitors. The impairment is the fact that these strategies bear out to be competent when organization has the strong management team or else it may turn out to be severely unsuccessful (Scribd, 2012). Diversification strategy refers to that strategy by dint of which organizations introduce their products and/or services in a newly targeted market. Organizations use this strategic alliance to crap and develop economies of scope and strive to operate its existing capital and potentiality in other market(s). The advantage with regard to this strategy is that it helps the organizations to expand their economic risk over different markets. On the contrary, a disadvantage possesse d by this strategic alliance is that it generates complexity and intricacy of coordination between dissimilar but assort business wings (Scribd, 2012). The defensive strategies are such concept which includes three factors such as suppression, divestiture, and liquidation. The retrenchment mainly guides the organizations when they face obstructions to meet their objectives and goals over time. The strategy of divestiture can

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