Strategic organizational management involves various processes such as measurement of progress. Moreover, it involves the identification and description of the strategies that managers carry out to achieve better performance in an organization. Furthermore, it is a bundle of decisions and acts which managers undertake. It is also the strategic use of the resources of an organization to reach the goals and objectives. Moreover, it requires a reflection on the processes and procedures within the organization as well as external factors that may affect its functions. It includes analyzing the actions of competitors, reviewing the internal structure of an organization, and setting goals and objectives. Furthermore, strategic management can either be perspective or descriptive. Perspective involves developing strategies in advance whereas in descriptive, an organization develops strategies when it needs them.
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THE ADVANTAGES OF STRATEGIC ORGANIZATIONAL MANAGEMENT
Primarily, strategic organizational management discharges the responsibility of the board. It provides a discipline that enables the board to take a step back from the daily tasks of thinking about the future of the organization. Additionally, it provides a framework within which staff can make daily operational decisions. Also, it enables the measurement of progress as it focuses on setting goals and objectives. Resultantly, this helps to monitor the performance in an organization. Furthermore, strategic management provides an organizational perspective and looks at all the components and interrelationships between these components.
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THE IMPORTANCE OF THE MEASUREMENT OF PROGRESS
Essentially, the measurement of progress helps an organization to spot its weaknesses. Moreover, performing a monthly variance analysis helps the organization to see where its results are not meeting its projections. Also, helps to improve the performance in an organization by identifying the areas that it is performing well. Additionally, it is an essential activity in strategic organizational management that helps to improve the motivation of employees which leads to the success of an organization.
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