Making strategic decisions

Author(s):  
John Cousins ◽  
David Foskett ◽  
David Graham ◽  
Amy Hollier

Assessing the achievement of an organisation against its aims and within the business environment leads to the requirement to consider making strategic decisions about the current operation and the future of the organisation. Strategy is the means by which organisations attempt to achieve their objectives. In most organisations there is likely to be a complex set of stakeholders concerned to influence the objectives and hence the strategy of the organisation. Rather than be too concerned about the right definition of strategy it is useful to develop an understanding of what different writers or speakers mean by strategy, i.e. what are the underlying concepts that they are trying to get across?

2013 ◽  
Vol 411-414 ◽  
pp. 102-105
Author(s):  
An Sheng Lu ◽  
Hui Xiu Jin ◽  
Zi Hui Li ◽  
Jing Li

The report presents information with dynamic data and various formats. It is the foundation of the basic business requirements of enterprise and the implementation BI strategy. A good report can reflect enterprise's current operation status and give support to strategic decisions for the future. This paper gives the definition of multidimensional dynamic reports. The method of configuring report information by using XML and realizing the statistics of multidimensional dynamic reports by high-level programming language are also in this paper.


Disruptive leaders possess a deep understanding of the nonobvious. Developing solutions with a heightened creativity, solving problems and addressing risks, finding the right tradeoffs, and recognizing the wicked opportunities in the wicked problems, disruptive leaders scan the environment, identify trends, and envision the future. Often, this is done by finding superior solutions, products, and services. However, this is done with a strategic process and plan. In our current business environment, right when we get comfortable, we find ourselves having to adjust to a major change that requires us to shift time, energy, and resources to solve a problem or stay ahead of the market, or change our market. Every change that we encounter creates winners and losers. If we are disruptive in our leadership, these changes can bring about fabulous innovation and create new technologies that benefit humankind. Building a disruptive organization is the best way to thrive. This chapter explores developing the disruptors.


Author(s):  
Mona Farouk M. Ahmed

The Quran is the holy book of Islam which has been almost translated to all languages of the world. The translation of the words of God is a great work which include a responsibility of conveying the accurate meaning of God’s words. The researcher of this paper studied the Korean language and participated in Korean-Arabic translations over twenty years. Accordingly, the researcher felt the responsibility of which she tries through this paper to shed the light on the Korean translation of Quran hoping for reaching the most accurate translation for Quran. This paper focused on one word of the noble Quran, tracing the Korean translation to examine its accuracy as a sample of other words that may include difficulties in the Korean translation. The choice of the word “wali: Guardian” was based on its Islamic specificity and its possible impacts on the right understanding of Islam. The study began with the definition of the word and its Islamic particularity. Then, the study presented an analysis of the Korean translation of the word through exploring the Quranic verses containing the word. Finally, the study gave suggestions for the accurate translation of the word which would include recommendations for the future translation of Quran. * This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2018S1A6A3A02022221). * هذا العمل مدعوم من وزارة التعليم الكورية والمعهد الكوري القومي للبحوث (NRF-2018S1A6A3A02022221).


2017 ◽  
Vol 19 (2(64)) ◽  
pp. 32-36
Author(s):  
A.I. Boiarchuk

In the article the influence of globalist processes, widely developing in nowadays world, are analyzed. Because of that the art becomes to be a tool of reach countries to have the right of domination in a world space. Authors argue about positive and negative sides of globalization in this text. The main objective of this paper to analyze in detail the impact of globalization on the world economy. The paper presents the analysis of the nature of the process of globalization in the modern world. Globalization has been analyzed in the following interdependent aspects: economic, territorial. Here are main reasons of globalization. The paper presents two main directions to define of globalization in terms of the behavior of nation-states in the global geopolitical environment. The paper presents the positive and negative influences of globalization on the world economy and national economies in the world. Special attention is paid to the problems associated with globalization for the different states. Globalisation is an incessant process, which lasts a lot of years, but problems, associated with it. Autor dispute among themselves about globalisation and can't create a single definition of this process. Autor argue about positive and negative sides of globalisation in this text. Necessity of formation of uniform economic, legal, information and technological space for realization of free and effective enterprise activity of all subjects of managing has led the Ukrainian economy to to transformation of integration economic processes in a new system condition - globalization of economic communications.


Author(s):  
Oleksiy Krasnorutskyy ◽  
Evgeniy Gryn ◽  
Tatiana Vlasenko

Relevance of the research topic. The modern business environment is characterized by a number of properties that determine the nature of the activities of business entities. The influence of all these characteristics is constant and prolonged in time, but the forecasting of the peculiarities of this influence remains rather complicated task for management, which determines the relevance of the essence of strategic changes research at the enterprise and the methodology for their planning and implementation. Formulation of the problem. The of the enterprise direction in the long term traditionally belongs to the sphere of strategic management. A high level of dynamics of the external and internal environment requires the development and implementation of a modern concept of strategic change. Despite the importance and urgency of solving this problem, the formation of a scientific school of strategic changes in science has just begun, so determining the nature of strategic changes and the methodology for managing them requires further analysis and development.  Analysis of recent research and publications. In the foreign methodology, the study of organizational changes and the specifics of implementing strategic changes have been carried out over the past 50 years, but in the domestic scientific space these studies began only in the 1990 s. Such foreign scientists were engaged in research on the essence of strategic changes J. Balogun, M. Zundel, D. Gioia, S. Clark, L. Cummings, J. P. Cornelissen, S. Mantere, E. Romanelli, A. A. Sillince, M. Tushman, B. Stal, R. Holt, J. Thomas, K. Chittipeddi, H. Schildt, S. Floyd and others. Among the Ukrainian can be identified: D. Voronkov, A. Grone, I. Liganenko, V. Otenko, I. Topornikov. Selection of unexplored parts of the general problem. The concept of "strategic changes" in the enterprise and the of their properties need to be clarified according to the existing scientific results in the field of strategic management and change management, and based on foreign and domestic concepts of strategic changes. Setting the task, the purpose of the study. The task of the study is to generalize existing approaches to determining the essence of strategic changes, clarify the concepts of "strategy" and "change". The purpose of the study is to develop own definition of the concept of "strategic change". Method or methodology for conducting research. The combination of scientific research methods have been used in the article: analysis and synthesis, logical generalization and comparison, structuring. Presentation of the main material (results of work). The existing approaches to understanding "strategic changes" among domestic and foreign researchers have been generalized. The definition of the concept of "strategy" is given. The essence of the concept of "change" is specified. Own definition of the term "strategic changes" is presented. The field of application of results. The results of this research can be applied in the future scientific search for the formation of strategic changes modern concept that meets the requirements of domestic enterprises. Conclusions according to the article. Strategic changes for domestic enterprises include the development of a management methodology aimed at the proactive strategy formation, including the development of management models, principles, methods and appropriate provision. As a result of strategic changes, an enterprise should create a configuration of the organizational structure, technologies, processes, training procedures and professional development of personnel that in the future must ensure the effective functioning of the enterprise as a reaction to the requirements of the external environment and as a response to its risks.


2019 ◽  
Vol 4 (1) ◽  
Author(s):  
Yayang Primadona ◽  
Yusep Rafiqi

In choosing the right competitive advantage strategy to be applied by a business,businessmen need to look at market conditions and assess their position in the market. This can be done by analyzing the business environment, both the external environment and the internal environment, usually called SWOT analysis. The purpose of this research is to formulate the most appropriate competitive strategy for to be applied in the future. In this research the author uses descriptive qualitative method with data collection techniques through interview, observation and documentation. Primary data collection is done through in-depth interviews with informants in this study, namely including Madina managers, Madina employees, Madina consumers, Madina suppliers and local governments Purbaratu Tasikmalaya. While secondary data is collected through literature studies, research journals and an overview of research objects, the structure and vision and mission of the company obtained directly from the Madina Purbaratu Tasikmalaya minimarket. The research method used is a qualitative descriptive analysis method with SWOT anlysis. From the results of the IFAS and EFAS analysis the company position is in quadrant 1. From the quadran the recommended strategy is an aggressive/progressive strategy. Then from matrix SWOT the right alternative strategy options that can be applied in Madina in the future is the SO strategy by maintaining the company’sstrengths, minimizing weaknesses and avoiding threats seen from the company’s internal and external factors analyzed through the SWOT matrix


2018 ◽  
Author(s):  
Febri Yandi

Copyright is a special right for the creator and the recipient of the right to announce or reproduce his creation or give permission for it by not reducing restrictions on restrictions according to applicable laws and regulations.The Copyright Holder is the creator as the Copyright owner or the person who receives the right from the creator. Registration of works is not an obligation to obtain copyright. For better, it is recommended to the creator and the Copyright Holder to register his creation, because the Registration Letter for the Work can be used as a preliminary proof in the court, if a dispute arises in the future against the creation.


2015 ◽  
Vol 15 (1) ◽  
pp. 57-76
Author(s):  
Endia Vereen

When the worlds of bankruptcy and intellectual property licenses converge, licensees are placed in potentially dangerous positions. The seminal case on this issue, Lubrizol Enterprises, Inc. v. Richmond Metal Finishers, Inc., stands for the proposition that when a licensor rejects an intellectual property license as "executory," the licensee no longer has the right to rely on provisions within the agreement with the debtor for continued use of the technology. To countermand the negative effects of Lubrizol, Congress amended the Bankruptcy Code, but intentionally omitted trademarks from the definition of intellectual property. This omission has produced a string of conflicting case law, leaving trademark licensees in a precarious position with few options for recourse. This Note discusses the Intellectual Property Bankruptcy Protection Act and trademark protection specifically, and details the circuit split created by Sunbeam Products, Inc. v. Chicago American Manufacturing. This Note focuses on the implications of the circuit split, and concludes by providing some suggestions for how courts can resolve this issue in the future.


2003 ◽  
Vol 28 (4) ◽  
pp. 1-8 ◽  
Author(s):  
N S Srinivasan ◽  
G Balasubramanian

The customer-centric digital economy needs business leaders and strategic thinkers to develop a new skill-set of delving within the deeper regions of consciousness and precognize the evolving future in order to make critical decisions that will set the future direction of the organization. As change accelerates to a never before recorded level, sustaining the precognitive capability of collective intelligence of the organization is fast becoming a pre-requisite for survival in the context of hyper-competition. This capacity has to be learnt, understood, and successfully internalized in every strategic thinker. In a business environment where executive functions and passion- driven processes are given greater attention, the precognitive capability gradually begins to wane as either the need for catering to existing demand or anticipation for rewards or both become predominant drivers. This silent change is very slow, hidden, and is not noticed until strategic decisions begin to miscarry. Most of the time, the person's general behaviour could still be in confirmation with the culture of the organization, yet it is possible to identify minor anomalies that occur with a better understanding of how the neuronal circuitry is built in the brain and the underpinning motivational drivers that incite their change. New scientific evidence in the field of Cognitive Science gives us some pointers into hitherto enigmatic queries. The latest research in this field shows that it is possible today to decide on an individual's capability to deliver future results not merely based on past achievements but on his continuing ability to change based on underpinning motivational drivers. This paper presents a neuronal architectural framework to evaluate the future potential of a top management performer based on scientific evidence rather than depend on either the past performances or probability of future success without considering the individual's ability to align with the organizational bionetwork. The paper also addresses every CEO's cup of woe – motivating people to change and ensuring constant growth. Corporate training has to address the following three dilemmas: overcoming the problem of habituation activating the Supervisory Attentional System (SAS) ensuring that inputs given to each individual possess the appropriate degree of novelty and complexity.


Author(s):  
Nadir Ali Kolachi ◽  
Abu Zar Wajidi

<p class="MsoNormal" style="text-align: justify; margin: 0in 0.5in 0pt;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman;">Productivity is the relationship between efforts and assigned tasks (inputs) and results (outputs). The paper explores the role of qualitative research to understand the resources of efforts, strategic approaches, modern methods, BPR systems in order to increase productivity. Modern organizations need to identify some intelligent steps. The steps from market analysis, evaluating competitors and suggesting strategies are based on the qualitative research approaches. This particular research paper justifies that the qualitative research approach is the essential domain in formulating modern strategies to achieve excellence in organizational productivity. It is a prime requisite for today&rsquo;s managers to adopt and inculcate such dimensions in their strategic decisions to take their companies to the climax. This research is an effort to develop a framework for increasing productivity through qualitative research approaches. The framework covers global trends in achieving productivity through the specific roles of qualitative research to bring companies to the right track in any competitive era. Two objectives are mainly focused in this paper: First objective of the paper is to identify the roles of qualitative research pertinent to the productivity including some of the contents of achieving organizational success which can give managers an edge to work. The second objective is to develop a framework which will help modern marketing and management gurus to know and beat the best in today&rsquo;s fast changing and adopting technological era. This research is exploratory in nature and based on literature survey and structured &amp; unstructured interviews from topic related expert people with in Pakistan and abroad. The studies relating to the success &amp; failure stories of local &amp; international companies, social and economic problems which are affecting business environment will also be touched upon in order to relate the role of qualitative research in ensuring the higher level productivity. Thus, this paper comprises on four main sections: First is about the introduction and concepts, Second relates to the role of the qualitative research in developing countries, Third is regarding the development of framework, Fourth is based on methodology and Fifth is followed by the conclusions, significance of the study and some important references.</span></span></p>


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