In: Operations Management
Strategic Management refers to the planning in such a way that objectives of the company can be achieved within the given resource.
The strategic Management reports are relevant as it helps to make the complex situation into more easier way and also helps to know the deviations.
Using example of Department of correction of New Zealand lets examine the Strategic Management report
Vision : Reduction in prison growth rate in the upcoming 15 years by 30 percent.
Mission : Not to compromise with safety of citizen of the country . Changing the routine of people keeping in view the prison rate deduction.
Core Values : The country wants
For attaining these value the department is making plans for short term period and achieving them as early as possible so that they can shift to another major issues experienced by citizens.
Internal View: The department focus on effective criminal system and the prisoner are safe in their custody.
External View : The Department has aimed to utilize the given funds in such a way that for the outside world i.e. the citizen Ne Zealand is safe and for the staff members and prisoner creating the efforts and initiatives to make the system more efficient for this
As the department is thinking in two direction but ultimately for the citizens therefore the shift is also visible and there will be decline in rate as per the vision.
Strategies to be implemented:
CONCLUSION :
The strategic management reports taken into account the clear situation into short words and circulate to all the official regulatory so that the time is not wasted in explaining situation. These reports are short and precised so that complex situation and breakdown into smaller easy situation and regulators can work upon them. Moreover making this report is important as the report contains all the required content in brief manner hence instead of searching in pages the issue one can opt of this report.