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

Strategy Development Process In Organization

tag 0 Download5 Pages 1,058 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 Strategy Development Process In Organization.
 
 

Answer:

Introduction

Strategy is the direction and scope of an organisation over a long term (1). Some strategies aim to establish long term direction, gain advantages over competitors, building capabilities whilst maintaining the interest, values and expectations of stakeholders (1).  It is necessary to have effective strategy development processes for cohesive organisational management. Strategies today have changed over time to suit the changing environments within which they may be implemented, and to the benefit of the organisations that use them. At the corporate level, strategy decisions include investments, diversification, integrations, mergers and acquisitions among others (2).  Hewlett Packard (HP) has been one of the power players in the technology industry for many years. However, the case as put forward shows that the company has had challenges with political figures and processes in the boardroom. These challenges have stymied the development of strategies for the organisation to progress and has seen the company struggle to keep Chief Executive Officers (C.E.O) who garnered the support of the board in spite of the issues.

These challenges have caused the company to lose shares in its markets, and has had a deleterious effect on employee morale and innovation. This paper identifies and critiques the most effective strategy development process for Hewlett Packard to adopt given the challenges in the boardroom. The strategy will allow the company to regain the sound leadership of a competent CEO who will have the support of board members and stakeholders to drive strategic direction within the organisation. The writer will draw upon relevant theory and resources to justify the approach outlining the advantages and the disadvantages of the approach in relation to the issues outlined. In the following section, the issues in the boardroom will be discussed and the approach to resolving these issues will be proposed.

Strategy Development Process - Hewlett Packard

Hewlett Packard had seen turnovers by the year 2012 of $120 Billion, however these were declining and shares were being lost. Contributing to these losses was the infighting among members of the board of management who with a lack of a coherent organisational strategy, failed to arrive at decisions that would have facilitated the organisation’s progress.  An effective strategy development process is strongly suggested by the writer to be used in rectifying the issues being experienced by the company. Due to the absence of a formal strategic plan for the organisation, the board members are without a formal direction and are unable to support initiatives that are suggested. To remedy these issues as indicated by the article, the writer suggests that the following strategy development processes be implemented at the company, and that they should be used in tandem with each other in tackling and bringing under control the spiralling decline of the company’s profits and shares.

Firstly, a formal intended strategic plan should be established to give management and stakeholders alike a specific directional plan for Hewlett Packard to use as the guiding compass on its journey to regain its lost shares and revenues. This formal intended strategy should also be accompanied by the flexibility to pursue an emergent strategy approach to change management in the event that the need arises for the company to restructure and redistribute resources to suit a specific goal or path of development.

 


There is general agreement that the two dominant theories are the Planned and Emergent approaches (Burns 2004b; Cummings and Worley 2001). The author contends that many decisions in the boardroom will be made, if the strategies being proposed by the change agent, are done so incrementally, or through an emergent change approach, thus reducing the severity of the impact the change that the CEO and board members want to implement will have on the structures and players in the organisation. Emergent strategies have proven to be more receptive in organisational change. Mintzberg, Ahlstrand and Lampel (1998) and de Wit and Meyer (1998) both offer structured ways of looking at strategy formulation and implementation. Additionally, the view that both strategic decision-taking and strategy process are emergent phenomena (MacIntosh and MacLean, 1999) holds firm in the remit of organisational development and strategic change management procedures.

Politics at the boardroom level is a serious phenomenon that can potentially cripple the progress of an organisation. Therefore, it is important to keep a check on the organizational activities that could possibly keep a check on the politics among the internal stakeholders of the organization (González-Bailon et al. 2013). It has been observed that the politics of the boardroom has extended to recruitment process as well. Even the eligible candidates are not given the actual position that is supposed to be given (Dhir 2015). This has automatically declined the leadership approach of the organization and that has direct influence on the overall success of the organizational activities. As it has been evident that the members of the boardroom are responsible for the major decisions, including evaluation of the financial accountability, robustness; politics can hamper the overall business activities.

The members of the boardrooms also ensure the rules and regulations related to the role of the stakeholders in the organization (González-Bailon et al. 2013). Thus any major decisions are bound to affect the internal and external business activities as well. The members should ensure politics free environment that the company shall be genuinely answerable to the internal and the external public of the organization.

Conclusion:

By the end of the discussion, it has been evident that Hewlett Packard has been facing certain strategic issues in its organization. In order to support the arguments, formal strategic planning has been proposed. It has been evident that the organization is facing major challenges in the overall business approach due to increase in the politics in the organization. Thus, the organization should focus on the overall business activities that might help to improve the current situation of the organization. It is expected that if proper strategic decisions are made, the organization will take a major turn in its business activities and shall be competitive enough to deal with other competitors in the market.

 

References:

Dhir, Aaron A. "Homogeneous Corporate Governance Cultures." (2015).

González-Bailon, Sandra, Will Jennings, and Martin Lodge. "Politics in the boardroom: Corporate pay, networks and recruitment of former parliamentarians, ministers and civil servants in Britain." Political Studies 61, no. 4 (2013): 850-873.

OR

Cite This Work

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

My Assignment Help. (2018). Strategy Development Process In Organization. Retrieved from https://myassignmenthelp.com/free-samples/strategy-development-process-in-organization.

" Strategy Development Process In Organization." My Assignment Help, 2018, https://myassignmenthelp.com/free-samples/strategy-development-process-in-organization.

My Assignment Help (2018) Strategy Development Process In Organization [Online]. Available from: https://myassignmenthelp.com/free-samples/strategy-development-process-in-organization
[Accessed 02 April 2020].

My Assignment Help. ' Strategy Development Process In Organization' (My Assignment Help, 2018) <https://myassignmenthelp.com/free-samples/strategy-development-process-in-organization> accessed 02 April 2020.

My Assignment Help. Strategy Development Process In Organization [Internet]. My Assignment Help. 2018 [cited 02 April 2020]. Available from: https://myassignmenthelp.com/free-samples/strategy-development-process-in-organization.


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

MGTP102 Management Principles And Argumentative Essay

Download : 0 | Pages : 9

Answer: Introduction The essay aims at providing an insight into the fact as to how remuneration has been one of the factors for motivation within society.  A distinct system for compensation ensures in employee motivation that further results in the increase of the productivity. The essay focuses on relationship between motivation and the level of the pay. Bolman and Deal (2017) put across in the study that most business acts like an in...

Read More arrow

HI5019 Strategic Information Critical Systems

Download : 0 | Pages : 17

Answer: Introduction BlueScope Steel Limited is one of the leading Australian manufacturing company that face challenges in terms of their information system (BlueScope Corporate, 2019). Therefore, the study will propose a new information system that should be developed by the BlueScope Steel Limited of Australia in the future. In order to determine this, various procedures related to this manufacturing company such as the critical success fa...

Read More arrow

BG009 Internal And External Environment Analysis For Generic Strategy

Download : 0 | Pages : 14
  • Course Code: BG009
  • University: The Open University
  • Country: United Kingdom

Answer: Samsung is a global conglomerate that has its origins in South Korea and the headquarter of the organization is located in Samsung Town, Seoul. Samsung company comprises of different types of affiliated businesses that are united under brand of Samsung. Samsung was established in the year 1938 by Lee Byung-chul. The operations of the company had started with trading business and in the next few years Samsung had been able to diversify it...

Read More arrow

HRMT20024 Managing Human Resources Staff

Download : 0 | Pages : 14

Answer: Nowadays, there are different challenges for the financial company is to retain the valuable and talented workforces. The management can control the issue of workforces to prevent from quitting the company within no time to higher extent. However, it cannot put complete full stop on it.  This essay discusses the key challenges in attracting and retaining a workforce in the financial sector. In this week, different weeks discussion...

Read More arrow

BUSN20019 Effect Of Employee Turnover To A Company Profitability

Download : 0 | Pages : 17
  • Course Code: BUSN20019
  • University: Central Queensland University
  • Country: Australia

Answer: Introduction The primary goal of every business firm is to make a profit (Aitken, Frino, McCorry, & Swan, 2018). The executives or top administrators of any company must therefore continuously find ways of optimizing business functions to minimize cost while maximizing profit (Cao, Hwang, Li, & Zomaya, 2013). For maximum productivity, the workforce must be motivated and skillful in doing all the necessary business activities to ...

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

1,240,264

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 5/5

2115 Order Completed

97% Response Time

Kimberley Chen

MPA in Accounting

Singapore, Singapore

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

93 Order Completed

100% Response Time

Jackson Mitchell

MiM (Masters in Management) in Supply Chain Management

New Jersey, United States

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

2632 Order Completed

100% Response Time

Albert Ambrosio

MSc in Nursing

London, United Kingdom

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

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

expert working good with ratio analysis i got full marks for ratio but overall good presentation.

flag

User Id: 207116 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

excellent work by tutor and quality of good work excellent work by tutor and quality of good work excellent work by tutor and quality of good work excellent work by tutor and quality of good work excellent work by tutor and quality of good work

flag

User Id: 264013 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

Brilliant work, paid attention to every details, And submitted on time for review.

flag

User Id: 338016 - 02 Apr 2020

Australia

student rating student rating student rating student rating student rating

The report was exceptional. Thank you for helping me with this assignment, and I am very satisfied with the result. The content was exceptional and my grade was exactly what I needed, the writer was very on point and finished my report in a timely ma...

flag

User Id: 262907 - 02 Apr 2020

Australia

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