Environment, Quality & Management Institute

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1. Introduction
2. Necessity of management strategy establishment
3. Establishment procedure of managemental strategy


 
1. Introduction

  Management strategy was defined decision of long time object, target of organization and business direction, resource distribution were necessary for those execution. Management strategy were mainly external problems of organization, and decision of products, market structure for adaptation of whole organization against change of external circumstances.

 

2. Necessity of management strategy establishment

Chance capture and risk evasion
Identification of strategic subjects
Systematic collection of managemental informations
Preparedness for business required long time
Integration of businesses and rationalization of resource distribution
Achievement of future tasks balance through structure adjustment
Achievement of managemental innovation

  

3. Establishment procedure of managemental strategy (general examples)

Analysis of external circumstances

 
  Economic factors, government and legislative regulation factors, market and competition factors Suppliers factors, technical factors, geographical factors, social factors
   




Analysis of internal resources



 
  Financial resources : Provision abilities of cash, stocks, debts
Human resources : Line, staff, professionalist, supervisor, employees
Objects resources : Building, facility, raw materials
Organizational resources : Informative system, quality control, education,
                                       training
Technical resources : Customer faithfulness, corporation fame,
                                 quick reactions against markets change
   

Establishment of managemental objectives
 
 
  Main external circumstance factors would be extracted as a chance or threat and established strategic directions considering of strength, weakness of internal abilities based on above mentioned circumstance analysis.
   





Establishment of middle and long time strategy




 
 
 

Strategy

Objectives

Use time

 

Growing strategy

Increase of sales and revenues

High market growing rate and economy growth

 

Stable growing strategy

Increase of profitabilities

Mature industries /
Stable circumstances

 

Protective strategy

Decrease of the prime costs

Anxiety of crisis / Fatal loss

 

Complex strategy

Survival

Business sub-heading organizations / Economical transitional period

 

   

Establishment of functional strategies

 
  Marketing strategies, productive strategies, financial strategies, personnel organizational strategies, technique development strategies
   

Establishment of business plan

 
  Establishment and operation of concrete business plan by functional strategy establishment

 

 


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