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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|
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Asked 6/18/2013 12:04:02 PM
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What are the roles needed to achieve the goals of Riordan Manufacturing, Inc.?
Weegy: Riordan Manufacturing, Inc expansion strategies require consideration and evaluation of several factors before embarking on the expansion process. [ Each factor to be considered in the evaluation stage it will require consideration of the existing situation, the change process, and the desired situation. The major factors, which should be considered include: Business Management Management of the business expansion will determine the success or failure of the expansion plan. If the process of expansion will be effectively evaluated and managed, it will lead to realization of objectives of the management and achieve a competitive advantage not only over local competitors but also will result gaining strategic competitive advantage over other international companies. The factors, which the management should put into consideration before starting the expansion process will encompass. ] (More)
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what is an example of strategic objective?
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What is an example of strategic objective at bank of America?
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Asked 6/12/2013 6:16:01 PM
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