Critically Discuss The Practice and Theory of Strategy Development Processes In Your Chosen Organisation

Task: Critically discuss the practice and guess of strategy development processes in your chosen organisation. In your discussion, hold round implications for the training organisation concept in recounting to musical arrangement development in your chosen organisation. This sub-task of the essay will bid how strategy development processes and implications for the learning organisation concept in comparison to strategy development are applied in China-based Haier group (HG) (See the background information on HG in addendum A). Strategy development processes reflect the ways in which strategy is either formally and consciously developed or emerges as part of a pattern of critical decisions all over quantify (University of Southern Queensland 2009). This task looks at strategical be after which encapsulates the strategy development processes (Lynch 2003). In addition, strategic planning do-nothing in like manner be viewed as an organisational learning process (Lynch 2003). Intended strategy is an expression of desired strategic direction deliberately planned by managers (Johnson, Scholes & antiophthalmic factor; Whittington 2008, p.565). strategic planning is formally/intentionally developed in HG by starting carrying out an SWOT analysis. SWOT is an acronym for the infixed resource strengths and weaknesses of an organisation and the external opportunities and threats to the organisation (Stapleton & doubting doubting Thomas 1998, p.332).

A SWOT analysis summarises the key issues from the business purlieu and the strategic capability of an organisation that are most liable(predicate) to impact on str! ategy development (Johnson, Scholes & Whittington 2008, p.148). Although this illustration is used, but HG starts strategic planning by first scanning its immanent environment to identify internal resource strengths and weaknesses by examining factors such(prenominal) as top concern, finance, R&D, purchasing, manufacturing and accounting. This is because HG management believes that internal strengths are the key to break long-term success. gibe to the prescriptive strategic process manakin that include the four-spot broad areas set out by Lynch (2003, p. If you involve to get a full essay, differentiate it on our website: OrderCustomPaper.com

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