Question and answer
Who should be responsible for updating and communicating a strategic plan and why?
We have established our overall strategies for the future. We need to make it official by having the Strategic Plan approved. [ Approval may involve the Board of Directors, Executive Management, and others who need to lend their support to get the Plan implemented. By having key decision-makers approve the Strategic Plan, it signals that it's OK to implement the Plan. Implementation is managed
through the development of an Operating Plan. An Operating Plan is a step by step plan for implementing the Strategic Plan. Operating Plans depend upon good strategic plans. If there are fundamental problems with the Strategic Plan, then successful implementation will be extremely difficult. Additionally, since operating personnel must implement the Strategic Plan, some level of involvement prior to this point should have taken place. ]
Expert answered|hersheys|Points 55|
Question
Asked 6/18/2013 12:04:02 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Who are the stakeholders at Riordan Manufacturing, Inc.?
Weegy: Riordan Manufacturing appears to have 3 stakeholder categories: upper management: operations, upper management: human resources, and the employees. [ These stakeholders have the opportunity to benefit from a coordinated effort that focuses on long-term solutions consider personnel and business needs. The operational executives consist of the CFO, COO, and Senior Vice President of R&D and the Vice President of Sales & Marketing. Each of these stakeholders has the right to express their opinions and strategic plans for the organization. Since each member of this group specializes in a different portion of the business the company benefits by the group members working together. These members have a high value for the organizations financial capital and do not want to commit resources without extensive research. Members of the operations team also value the human capital of the organization. These managers understand that without talent the organization will not be able to maintain innovation and market competitiveness. ] (More)
Question
Expert Answered
Asked 6/12/2013 11:34:25 AM
0 Answers/Comments
Identify the stakeholders and their roles needed to achieve their organization goals at Riordan Manufacturing, Inc.?
Weegy: Riordan Manufacturing has developed various processes and procedures to manage the business. The organization maintains a heavy focus on research and development with a strong sales force to help distribute the various products. [ Manufacturing plants are situated in Pontiac, Michigan; Albany, Georgia; and Hangzhou, China with the corporate headquarters in San Jose, California. With rapid growth and expansion Riordan Manufacturing has begun to experience issues that will impact organizational goals and strategic plans. The key issues affecting the organization center on employee motivation, employee compensation, and a deficient career development process. These issues left alone will drive serious problems within the organization; however Riordan Manufacturing can benefit by acknowledging these issues and leveraging the new opportunities to promote the organizations overall strategic objectives. ................ ] (More)
Question
Expert Answered
Asked 6/12/2013 11:53:03 AM
0 Answers/Comments
Why does having something to work towards help to motivate the employees and may even gain their committment since they want to see the project through to the end?
Weegy: Businesses should try to keep employee retention rates high, since the loss of workers will cost them money and time to hire and train new ones. [ [ The loss of talented employees can also lead to a decline in a company's productivity, according to the University of Michigan Health System. Business owners can improve the areas of their company that cause workers to quit by determining what motivates employees to stay at their jobs. While a successful career development plan increases a company?s productivity and retains valuable employees, what?s more important is what it does for the individual employee. It is increasingly necessary for workers to build upon their job skills and educational background in order to remain marketable in a constantly-changing, technological world. Take an active role in helping your employees develop their careers to increase job satisfaction and create happy workers who feel they matter to their employers. ] ] (More)
Question
Expert Answered
Asked 6/12/2013 1:54:39 PM
0 Answers/Comments
what is an example of strategic objective?
Weegy: Strategic Objective Examples Tammy Tantalizing Tacos’ top line financial goal is to increase her annual revenue by 10%. How will she achieve her financial goal? To sell more tacos. [ In order to sell more tacos, what must she do from her customers’ perspective? Provide great customer service. And what does she need to do to deliver great customer service? Have efficient processes that deliver food quickly. And how does she excel at quick food delivery? By having well-trained employees. - See more at: ] (More)
Question
Expert Answered
Asked 6/12/2013 6:35:31 PM
0 Answers/Comments
Why is legal compliance part of the corporate social responsibility initiative?
Weegy: For the most part, this case study will discuss CSR as a broader corporate strategy that goes beyond legal compliance and employee benefits. (More)
Question
Expert Answered
Asked 6/12/2013 8:19:01 PM
0 Answers/Comments
23,928,074 questions answered
Popular Conversations
Select the verbal; indicate whether it is a participle, gerund, or ...
Weegy: The verbal is "to be done". It is an infinitive and functions as the object of the sentnece. User: Identify ...
2/11/2016 12:57:37 AM| 2 Answers
Austrian-Serbian hostilities initiated World War I. True False NEXT
Weegy: Austrian-Serbian hostilities initiated World War I. False. User: The American reinforcements prevented the ...
2/11/2016 7:33:00 AM| 2 Answers
(x + 5)(x + 2)?
2/11/2016 8:11:42 AM| 2 Answers
Match the world leader with his nation. 1. Fidel Castro Soviet ...
Weegy: What is your question about this wars? User: The main building of the United Nations is located in ...
2/11/2016 12:55:05 PM| 2 Answers
Weegy Stuff
S
Points 311 [Total 708] Ratings 0 Comments 311 Invitations 0 Offline
S
P
P
L
Points 238 [Total 1045] Ratings 0 Comments 238 Invitations 0 Offline
S
1
L
L
P
R
P
L
P
Points 121 [Total 11294] Ratings 0 Comments 121 Invitations 0 Offline
S
L
P
Points 46 [Total 2114] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 10 [Total 21] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 4 [Total 904] Ratings 0 Comments 4 Invitations 0 Offline
S
Points 2 [Total 5] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 2] Ratings 0 Comments 1 Invitations 0 Offline
S
R
Points 1 [Total 196] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)