Strategic Management Research Paper Example | Topics and Well Written Essays - 750 words - 2

Strategic Management - Research Paper Example Thus, according to Balanced Scorecard Institute (2014), strategic planning refers to the organizational management activities which set priorities, focus resources and energy and ensure that stakeholders work towards attaining the organizational goals. On the other hand, strategic management is described as a comprehensive set of continuous activities and processes which an organization uses for systematic coordination and alignment of resources and actions to the vision, mission and values of the organization. Thus, planning typically describes a time-bound practice while strategic management is an ongoing engagement. Furthermore, the institute observes that strategic management would be used to define the procedures, policies and themes of an organization as opposed to planning which entails the organization of how resources would be allocated to various business operations so as to achieve its objectives. Thus, strategic management is different from planning. Evaluating the process of strategic management gives further insights into how better to define strategic management. Thus, Dess, Lumpkin and Taylor (2005) define it as both an art and science of formulation, implementation, and evaluation of functional decisions that make an organization achieve its objectives. With this regard, Clayton (n.d.) gives the 5-step strategic management process in organizations. Goal setting involves clarifying the organizational vision eventually leading to the development of a mission statement which succinctly communicates goals to employees and shareholders. The second stage is analysis where the organization gathers relevant information and data for accomplishing the vision. It involves conducting the SWOT (strengthens, weaknesses, opportunities and threats) analysis of the organization. This would then be followed by strategic formulation which involves the determination of strategy, reflecting upon and making decisions to design plans and strategi es to address the

Interior Design Considerations for Retirement Homes :: Place Descriptive Essays

Interior Design Considerations for Retirement Homes At the Waterford, you'll find the freedom to create the lifestyle you've always wanted. Each morning you'll awake to a colorful palette of possibilities from which to paint your day. Enjoy the quiet, muted tones of solitude in your spacious apartment, knowing friends and an attentive staff are close by. You'll always have a wealth of things to do right at your fingertips keeping you as active as you want to be. The Waterford proudly presents a staff of experienced, detail-oriented professionals at your service. From our executive director to our culinary chef, to our housekeepers and wait staff, you'll find warm and friendly people truly concerned about you. The Waterford offers you flexibility and options so you can paint your days with the colors of life (A Place for Mom, 2002). With an environment that seems so appealing, why is there such a negative stigma placed on retirement homes/communities or nursing homes? The idea of spending our retirement in a nursing home is perceived by our society as the most undesirable of options. Three out of one hundred Americans over the age of 65 suffer from depression (National Institute of Mental Health, 2000). A study done at the University of Rhode Island reported that 11% of the residents in the nursing homes examined were suffering from depression (Brown, Lapane, & Luisi, 2002). Another study done at Columbia University reported that 44.2% of the nursing home residents tested showed some symptom of depression with 14.4% of the residents experiencing serious depression (Teresi, Abrams, Holmes, Ramirez, & Eimicke, 2001). Why is the depression rate among the elderly almost four times greater among those living in nursing homes? It could be the work of chance in that many of the residents in nursing homes already have a mental health problem that has made them unable to provide for themselves. Having prior difficulties could make these residents more susceptible to the normal adjustment problems that come along with relocating to a new living environment. Or perhaps it is because the environments nursing homes create are not specifically geared towards the needs of the elderly. With about 5% of people over 65 living in nursing homes this is a serious problem, whether the resident is healthy or not, that should be demanding more attention (Hoyer, Rybash, & Roodin, 1999). There are many factors that could contribute to depression among the aging including illness, loss of close family members, or financial problems.

Business Policy Essay

Please discuss, in detail, what is meant by a hierarchy of strategy According to our textbook, A hierarchy of strategy is a grouping of strategy types by level in the organization. Hierarchy of strategy is a nesting of one strategy within another so that they compliment and support one another (Wheelen Hunger, 2012, p. 20). A companys functional strategies are nested within its business strategies, which is in turn nested in the overall corporate strategy. Since Im in the Air Force, I like to compare this to the different functional levels of command tactical, operational, and strategic. Each is nested within each other and compliments/supports one another just like a hierarchy of strategy. Most members operate at the tactical level (functional) then move up to the operational level (business) as they get promoted through the ranks. Leaders operate at the strategic level (corporate) ensuring that the overall mission/direction of the organization is being accomplished according to pla n. Although a hierarchy of strategy is optimal for most companies, many companies feel that a functional organizational structure is not an efficient way to organize activities, so they have reengineered according to processes or strategic business units (SBUs). A SBU is a semi-autonomous unit that is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting. An SBU is treated as an internal profit centre by corporate headquarters (Strategy, 2014). QUESTION 2 Please discuss, in detail, what you think constitutes a good corporate strategy and why Our textbook states that, Corporate Strategy describes a companys overall direction in terms of its general attitude toward growth and the management of its various businesses and product lines. Corporate strategies typically fit within the three main categories of stability, growth, and retrenchment (Wheelen Hunger, 2012, p. 19). refers to the plan of action, a sense of direction, and a corporate strategy refers to the overall scope and sense of direction to the organization on the whole. It represents the way in which the various business operations work together in the quest to achieve the organizational objectives. A corporate strategy should be formula ted after taking into consideration the overall market and environmental analysis. Proper recognition of the mission, vision and objectives of the organization should be kept in mind before the formulation of the corporate strategy.

Eleanor Roosevelt ( 1884-1962 ) - 1861 Words

Eleanor Roosevelt (1884–1962), one of the most admired women in American history, acted as first lady from 1933 until 1945, longer than any other presidential spouse, and put that position on the nation’s political map. Yet, ironically, Eleanor did not want the job because she thought it would hamper her own self-development as an independent person. Through her own path-breaking efforts she transformed her role from official hostess to important spokesperson for her husband’s administration. In the process she became a role model for millions of Americans who applauded her activism on behalf of social causes. When her husband, Franklin D. Roosevelt, who had been unable to walk for eleven years due to infantile paralysis, was elected president in the depths of the Depression in 1932, she wrote in her autobiography that she was happy for him. She believed that being president would â€Å"make up for the blow that fate had dealt him† and that he would steer the country through the crisis confronting it.[1] But for herself, she continued, â€Å"I was deeply troubled. As I saw it, this meant the end of any personal life of my own. . . . I had watched Mrs Theodore Roosevelt and had seen what it meant to be the wife of a president, and I cannot say that I was pleased at the prospect.†[2] Before Franklin’s election, Eleanor had launched her own career as a writer and teacher. As she put it, â€Å"By earning my own money, I had recently enjoyed a certain amount of financial independence andShow MoreRelatedBiography of Eleanor Roosevelt Essay1075 Words   |  5 Pagesfrom Ele anor Roosevelt. Eleanor lived a rough live, but she believed that things could become better at any moment. She was a kind, helpful, good woman that had a good life through it all. Eleanor Roosevelt was a hero to American History. Inspiring people to follow their dreams, work to be the best of their ability, and also to start a new day with no regrets or worries. She helped many people around her within her lifetime and definitively set a good example for others. Eleanor Roosevelt wasRead More eleanor roosevelt Essay576 Words   |  3 Pages Anna Eleanor Roosevelt Eleanor Roosevelt was born in New York City on October 11, 1884, daughter of lovely Anna Hall and Elliott Roosevelt, younger brother of Theodore. When her mother died in 1892, the children went to live with Grandmother Hall; her adored father died only two years later. Attending a distinguished school in England gave her, at 15, her first chance to develop self-confidence among other girls. Eleanor married her fifth cousin, Franklin Delano Roosevelt. Tthey became the parentsRead MoreEleanor Roosevelt : An American Diplomat886 Words   |  4 PagesEleanor Roosevelt, whose full name was Anna Eleanor Roosevelt, was born on the 11th of October in 1884 in the city of New York and passed away on the 7th of November in 1962 in Manhattan, New York. Roosevelt was born to Elliot Roosevelt and Anna Call Roosevelt. Roosevelt was known for being an American diplomat, humanitarian, and first lady. Roosevelt served as first lady in 1933-1945, she was the wife of Franklin D. Roosevelt who served as the 32nd president. During Roosevelt’s time, she was oneRead MoreEssay about Eleanor Roosevelt Speech Outline684 Words   |  3 Pagesspeech, the audience will know Eleanor Roosevelt background and her greatest accomplishment, also about the Declaration of human rights and both their impact on the world. Eleanor Roosevelt 1. Introduction a) Have you ever wondered what a first lady goes through? Well back in the time for the first one hundred forty-four years of the presidency the first ladies were generally little accessory for the president. In 1933, this was all to change when Eleanor Roosevelt became first lady of the UnitedRead MoreEleanor Roosevelt s Life Of Wealth And Privilege1410 Words   |  6 Pagesâ€Å"Plain, ordinary Mrs. Roosevelt† Eleanor Roosevelt was born in 1884 in New York City to socialites Elliot Bulloch Roosevelt and Anna Rebecca Hall. She was born into a world of immense wealth and privilege that she didn’t really fit into or understand. Her mother died in 1892 and after a long battle with alcoholism, her father leapt to his death from a sanitarium window in 1894. After so much death at a young age, Eleanor was prone to bouts of melancholy and depression throughout her life. AfterRead MoreEleanor Roosevelts Childhood737 Words   |  3 PagesEleanor Roosevelt’s Childhood Anna Eleanor Roosevelt was an amazing lady. Think about it though, what comes to mind when you hear her name? For most people you think first lady, but there is a lot of information in her childhood that led up to her becoming all that she was. She was born on the 11th of October in New York in 1884. Her parents were Anna Hall Roosevelt and Elliott Roosevelt. But little Eleanor didn’t have the greatest childhood. She was always known as a shy and observant girl andRead MoreEleanor Roosevelt : Women s Rights1074 Words   |  5 PagesEleanor Roosevelt was born on October 11, 1884 and died on November 7, 1962. She was an activist, diplomat, and American politician. She was the longest serving First Lady. She was one of the most powerful women in American. She was the wife of Franklin D, Roosevelt and an outspoken person on women s rights. She was considered one of the best politicians from the 1920’s to the 1940’s. Therefore, she was one of the most influential wom en in U.S. history. Eleanor Roosevelt’s father and mother bothRead More Eleanor Roosevelt Essay1601 Words   |  7 Pages Although Eleanor Roosevelt served as first lady from 1932 to 1945, her influence lasted much longer than expected. Eleanor became her husband’s ears and eyes during her husband’s presidency and aided human rights during her entire life. She did what no other First Lady, or woman had dared to do before; she challenged society’s wrong doings. Many respected her; President Truman had called her â€Å"the First Lady of the World (Freedman, 168).† Eleanor Roosevelt was an amazing first lady who helped herRead More Eleanor Roosevelt and her Accomplishments Essays1222 Words   |  5 PagesEleanor Roosevelt and her Accoplishments As the wife of a popular United States president, Anna Eleanor Roosevelt was born in New York City, October 11, 1884, and died November 7, 1962. She was an active worker for social causes. She was the niece of President Theodore Roosevelt, and was raised by her maternal grandmother after the premature death of her parents. In 1905 she married her cousin Franklin Delano Roosevelt. They had six children, but one of them died in infancy. Although she wasRead MoreHow Did Eleanor Roosevelt’s Personal Life Relate to Her Choice of Dedicating Her Life to Helping Others?1520 Words   |  7 PagesEleanor Roosevelt was born on the 11th of October 1884 and went on to be one of the most symbolic characters in the history of the United States. She was the eyes and ears of her husband Franklin D. Roosevelt and not only participated in but revolutionized her role as the First lady of America. It is important to understand that the momentous achievements Eleanor Roosevelt accomplished in her lifetime were based on the personal experiences and hardships she had to overcome throughout her life. Anna