country
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!

Strategic Management: Efficient Use Of Resources

tag 0 Download2 Pages 312 Words tag Add in library Click this icon and make it bookmark in your library to refer it later. GOT IT

Question:

Discuss about the Strategic Management for Efficient Use of Resources.

 

Answer:

Strategic management in the work place gives an overall direction for the achievement of goals.  Strategic management relates to the workplace through various aspects such as giving an overall direction for achieving the set goals, efficient use of resources, establishing goals, managing risks and uncertainty, team building and creating competitive advantages.

Strategic management relates to the work place since every organization ought to scan its environment, formulate, implement and evaluate and control its strategic plan. An organization has to assess its competitors and set strategies of how to compete with existing and potential rivals. It has to implement the strategies then determine whether it was successful or there is a need for a new strategy. Every organization regardless of the size needs to adopt strategic management to endure and compete in the market and try to optimize the future following the current trend.

Learning about strategic management helps me in developing personal skills such as time management, setting objectives, prioritizing work tasks, managing interruptions and in developing planning aids. Time management, for instance, involves deciding how I allocate time to achieve the set objectives. It entails identifying the amount of working time allocated each week, the type and number of job-related activities needed that have to be undertaken every week, and the quantity of time spent on each activity. Developing a strategy of how to utilize time effectively gradually improves my life.

 

Strategic management aids in my professional development since it involves creating a learning culture in the workplace and providing strategies and opportunities to build basic skills.  I can build my skills through being involved in mentoring and supervision activities, on-the-job training as well as leadership training. As a result of capacity building and skills training in an organization, I become increasingly capable.

OR

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2018). Strategic Management: Efficient Use Of Resources. Retrieved from https://myassignmenthelp.com/free-samples/strategic-management-efficient-use-of-resources.

"Strategic Management: Efficient Use Of Resources." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/strategic-management-efficient-use-of-resources.

My Assignment Help (2018) Strategic Management: Efficient Use Of Resources [Online]. Available from: https://myassignmenthelp.com/free-samples/strategic-management-efficient-use-of-resources
[Accessed 03 April 2020].

My Assignment Help. 'Strategic Management: Efficient Use Of Resources' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/strategic-management-efficient-use-of-resources> accessed 03 April 2020.

My Assignment Help. Strategic Management: Efficient Use Of Resources [Internet]. My Assignment Help. 2018 [cited 03 April 2020]. Available from: https://myassignmenthelp.com/free-samples/strategic-management-efficient-use-of-resources.


Getting nightmare regarding pending chemistry assignment? Then it is high time you consider hiring chemistry assignment help service of MyAssigemnthelp.com. We at MyAssignmenthelp.com deliver quality subject specific assistance on more than 100+ subjects. For us, students' need is foremost, and we work round the clock to offer science, humanities and commerce assignment help. Among Commerce wing, our one of the most popular services is capital budgeting assignment help. In science segment, we have gained popularity with biology assignment help.

Latest Management Samples

BSBMKG609 Development Of Marketing Strategies For Vision Statement

Download : 0 | Pages : 7
  • Course Code: BSBMKG609
  • University: APEX Institute Of Education
  • Country: Australia

Answer: Introduction  The paper is a combination of two tasks. First part includes a strategic report on Houzit and the second part includes a marketing plan of Houzit. Systematic structuring is followed in both tasks. Organizational Overview Strategic Directions And Organizational Objectives Vision Statement The vision statement of Houzit is- To be one of the national retail homeware brands, emphasizing on the various home makers&rsqu...

Read More arrow

COMM1410 Management For Informal Lunch And Learn Sessions

Download : 0 | Pages : 2

Answer: To Claire Smithfield Subject: Lunch and Learn Session Dear Ma’am, It is in regard to the very recent decision of yours to have informal “Lunch and Learn” sessions. This idea is undoubtedly interesting and I would not decline it in any way. It would be very helpful in creating a critical awareness for the issues right at hand and would also reinforce the overall culture of our company. I believe that these sessions...

Read More arrow

NIT2222 Wide Area Network Technologies For Address Planning

Download : 0 | Pages : 3
  • Course Code: NIT2222
  • University: Victoria University
  • Country: Australia

Answer: Address Planning Workout of IPv6 subnet for company HQ and each branch from the address block AB12:1640::/51 AB12:1640:0:2000::/51 AB12:1640:0:4000::/51 AB12:1640:0:6000::/51 AB12:1640:0:8000::/51 AB12:1640:0:A000::/51 AB12:1640:0:C000::/51    Address assignment table for the company network HQ Router Subnet ::/51 Network AB12:1640::/51 Default- Gateway AB12:1640::1 ...

Read More arrow Tags: Australia Bexley Management education University of New South Wales 

BUS353e Project Management For Cash Flow And NPV Calculation

Download : 0 | Pages : 6

Answer: Section 1 Question 1 The project classification and consideration for classification are shown in the following table. Project Classification Consideration Project A Strategic The new service will significantly enhance the strategic direction of the polyclinic Project B Operational This project will enhance the operations of the polyclinic Project C Compliance ...

Read More arrow

B01SYAD310 Systems Analysis And Design

Download : 0 | Pages : 10

Answer: System requirements for Smith Antiques System requirement level includes functional and non-functional requirement type. It is important for every system to ensure proper working. The Smith antique needs to have proper management information system that will ensure managing the details. Details regarding every customer needs to be managed properly. The newly developed management information system will also help in understanding the c...

Read More arrow
Next
watch

Save Time & improve Grades

Just share your requirements and get customized solutions on time.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

1,241,609

Orders

4.9/5

Overall Rating

5,067

Experts

Our Amazing Features

delivery

On Time Delivery

Our writers make sure that all orders are submitted, prior to the deadline.

work

Plagiarism Free Work

Using reliable plagiarism detection software, Turnitin.com.We only provide customized 100 percent original papers.

time

24 X 7 Live Help

Feel free to contact our assignment writing services any time via phone, email or live chat.

subject

Services For All Subjects

Our writers can provide you professional writing assistance on any subject at any level.

price

Best Price Guarantee

Our best price guarantee ensures that the features we offer cannot be matched by any of the competitors.

Our Experts

Assignment writing guide
student rating student rating student rating student rating student rating 4/5

2594 Order Completed

95% Response Time

Michael Johnson

Masters of MSc in Economics

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

1758 Order Completed

99% Response Time

William Martinez

MS in Biology

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

2279 Order Completed

97% Response Time

Zachary Perez

PhD in Computer Science and Information System

Washington, United States

Hire Me
Assignment writing guide
student rating student rating student rating student rating student rating 5/5

184 Order Completed

96% Response Time

Arapera Billing

Masters in Management, MMgt

Wellington, New Zealand

Hire Me

FREE Tools

plagiarism

Plagiarism Checker

Get all your documents checked for plagiarism or duplicacy with us.

essay

Essay Typer

Get different kinds of essays typed in minutes with clicks.

edit

GPA Calculator

Calculate your semester grades and cumulative GPa with our GPA Calculator.

referencing

Chemical Equation Balancer

Balance any chemical equation in minutes just by entering the formula.

calculator

Word Counter & Page Calculator

Calculate the number of words and number of pages of all your academic documents.

Refer Just 5 Friends to Earn More than $2000

Check your estimated earning as per your ability

1

1

1

Your Approx Earning

Live Review

Our Mission Client Satisfaction

The assignment was return to me on time has to make corrections and adjustment myself but still made a good grade. thanks

flag

User Id: 392946 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

OMG this was totally better than expected and worth every penny!!! I suck at math so i\'m excited to see my grade!

flag

User Id: 394019 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

Very happy with work provided by My assignment help.com. Excellent work. Always with in deadline.

flag

User Id: 228464 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

Haven\'t get result yet but already feel like a great piece of writing, no disappoint.

flag

User Id: 329158 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating
callback request mobile
Have any Query?