Strategic Management Influenes to Organizational Growth |
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Author:
| Lok, Johnny Ch |
ISBN: | 978-1-0952-2274-4 |
Publication Date: | Apr 2019 |
Publisher: | Independently Published
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Book Format: | Paperback |
List Price: | USD $90.00 |
Book Description:
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Organizations need have operations performance objectives to measure which performance. It is a criterion against which to evaluate the performance of operations. There are considered to be five possible operations performance objectives, cost , quality, speed, dependability and flexibility. Such as, the ability to produce at low cost, the ability to produce with specification and without error, the ability to do things quality in response to customer demands and offer short lead times...
More DescriptionOrganizations need have operations performance objectives to measure which performance. It is a criterion against which to evaluate the performance of operations. There are considered to be five possible operations performance objectives, cost , quality, speed, dependability and flexibility. Such as, the ability to produce at low cost, the ability to produce with specification and without error, the ability to do things quality in response to customer demands and offer short lead times between a client orders and a product or service and when who receive it, the ability to deliver products and services with promises made to clients, e.g. in a quotation or other published information, the ability to change operations. Flexibility includes the ability to change the volume of production, to change the time taken to product, to change the mix of different products or services produced , to innovate and introduce new products and services. Thus, these are basic organization structure of strategic management.How to apply strategic planning and management in public and private sector organizations and what are their differences?Management issues can be divided in two groups: governmental or public, with its specific aims, methods and challenges, and private sector responsible for economical results, competitiveness and state revenues. How can strategic planning, management and leadership of public and private sectors identify opportunities to improve performance with differences? Concerning this research, some strategic management professional had attempted to do research to conclude that in public sector there is great emphasis on strategic planning part of management process, but implementing plan to clear activities delays or is even misled. In private sector enterprises tend to look short term. Otherwise, thus gaining results in small every day actions , but looking greater sight to future and therefore to get chance of greater growth . Government should implement more client-oriented approach using best example from entrepreneurial world. Private sector should learn how to generate concrete long term plans, delegate duties and not to mix responsibilities in enterprise for greater result. So , who concluded that strategic plan is considered that private sector prevails over the public sector in efficiency and result oriented actions. Although, this assumption reasoned with lots of practical examples and arguments and efficiency's prevalence of private sector over the public administration was proved.Considering the public administration strategic plan, the strategic management professionals argument do not encourage public administration to work in its own self-interest, but who discovered more efficient environment where to find the best management practices, in stance in field of customer care, that can be adopted in a legal and rational way. Public sector is advocated that intellectual work is more hierarchical , within the team work more knowledgeable team member for a special task will already to be an informal interim leader, regardless of the structure of hierarchy, to compare to private sector hierarchical structure. They showed that are subordinated hierarchically to the long term development planning documents. The short term development planning documents are subordinated hierarchically to the median term developed planning documents. According to the updated system all public administration situation should develop the action strategy from the period of three years that serves for the budget planning and allocation to compare to provide sector. Otherwise, strategic planning in private enterprises come within strategic management and contributes as part of it. Strategic management is focused defining of business mission, the company's development direction, objectives and the resources and long-term management decision -making for implementing the strategy .