Question

In: Operations Management

How Support for the Organisation’s Vision and Strategic Direction can be Built

How Support for the Organisation’s Vision and Strategic Direction can be Built

Solutions

Expert Solution

Strategic direction or strategic plan is a detailed plan as to how an organization is going to attain its vision and mission. So without vision and mission strategic plan alone will not work at any situation.

Mission explains the purpose of the existence of the organization and what the business is going to do whereas the vision is to see where the company will reach in future. In other words goals and objectives are cleared through vision and mission. Only when a company's goal is clear employees can be lead to work for it. There comes the strategies as to the plan of working to attain the goal.

Vision answers the question where the company would reach in a certain period of time or where it aspires to reach. Vision shows the path to a long destination and the path can be followed only through strategic plans.

Strategic plan is to know the following

1. The strength of their organization- the organization suould know what best they can give to the customers.

2. Their products should be unique in nature so that it is preffered by majority of the people.

3. Company should keep in higher standards compared to their competitors.  

Other than general planning each department will have their specific plan to work accordingly. All these strategies will lead them to attain the vision of the organization.


Related Solutions

The Process for Implementing the Vision and Strategic Direction
The Process for Implementing the Vision and Strategic Direction
Contemporary strategic management ensures that a firm’s Vision and Mission defines the strategic direction of the...
Contemporary strategic management ensures that a firm’s Vision and Mission defines the strategic direction of the firm. Explain the challenges faced by the firm’s operating in today’s global competitive landscape in ensuring its Vision and Mission remains relevant in an ever-changing and uncertain environment? 400 words
The Methods you could Use to Communicate the Vision and Strategic Direction to Stakeholders
The Methods you could Use to Communicate the Vision and Strategic Direction to Stakeholders
The Challenges and Pressures Faced by Organizations when Communicating Vision and Strategic Direction to Stakeholders
The Challenges and Pressures Faced by Organizations when Communicating Vision and Strategic Direction to Stakeholders
Discuss how clear vision and mission statements can benefit other strategic-management activities.
Discuss how clear vision and mission statements can benefit other strategic-management activities.
Is corporate culture an important element in an organization and its strategic direction? How can organizational...
Is corporate culture an important element in an organization and its strategic direction? How can organizational culture be created, influenced, and changed?
How can STRATEGIC COMPENSATION support companies to save 10% of overall costs?
How can STRATEGIC COMPENSATION support companies to save 10% of overall costs?
Discuss how cost accounting can be utilized to support healthcare organizational strategic decisions and goals related...
Discuss how cost accounting can be utilized to support healthcare organizational strategic decisions and goals related to departments, facilities, and services
How Managerial Accounting Practices support Strategy and Strategic Management ?
How Managerial Accounting Practices support Strategy and Strategic Management ?
The Strategic Management of Health Care Organizations - How does an organization’s mission, vision and values...
The Strategic Management of Health Care Organizations - How does an organization’s mission, vision and values impact its strategic direction? Support your answer with an example. Reference The Strategic Management of Health Care Organizations - 180 Day Option, 7th Edition Peter M. Ginter 2013
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT