Preview

Mgt 521 Week 2 Team Weekly Refections

Good Essays
Open Document
Open Document
322 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mgt 521 Week 2 Team Weekly Refections
Job Analysis
The week two reading materials provide a combination of job-analysis methods. A job analysis is used to identify the work to be done and the characteristics that employees needs to complete their job assignments. Job descriptions are written summaries of duties the employees are expected to perform. A form of job-analysis that focuses on an employee’s knowledge, attitude, skills or motives, is called a “Competency Model”. Understanding the difference between a job-analysis and a competency model can be easily confused, or mistaken to be the same; however the competency model should never be used to replace a job analysis. “Given such a wide choice among available job-analysis methods, the combination of methods to use is the one that best fits the purpose of the job-analysis research (Cascio, W. F. (2010). Managing human resources: Productivity, quality of work life, profits (8th ed.) New York, NY: McGraw-Hill/Irwin)”.
Strategic Planning
Strategic planning helps guide a business in the right direction to achieve the goals it has set. It makes the company’s intentions clear to employees so that they know their part in the success of an organization. A strategic plan helps the members of an organization alien themselves with common goals. Employees should be committed to the implementation plan as well as poses extensive knowledge of the plan and should receive training in the new procedures in order for the implementation plan to work. This extensive training should include information for a better understanding of the importance of the strategic plan, how to handle the new procedures and also know the benefits and incentives of the strategic plan that is implemented. It is clear that without a strategic plan a business is set up for failure, without any goals not knowing where it is headed. Leaving employees confused about the purpose of their jobs and the organization wandering aimlessly, constantly changing its priorities achieves

You May Also Find These Documents Helpful

  • Best Essays

    MHA 612 FINAL PAPER

    • 3334 Words
    • 10 Pages

    Strategic planning is describes the strategic management as the art of making complex, long-term, future-oriented decisions and taking actions that result in the formulation and implementation of plans designed to achieve a company’s objectives. The process focuses on the belief that a firm’s mission can be best achieved through a systematic and comprehensive assessment of both its internal capabilities and its external environment. Strategic management process is the implementation of the company’s strategy by executive management considering its resources, circumstances, and environment to position the organization to complete is mission in a cost-effective, efficient manner. The corporate goals, policies, and tactics are incorporated into this process.…

    • 3334 Words
    • 10 Pages
    Best Essays
  • Better Essays

    Strategic planning is one of the key building blocks for ensuring that an organization is successful. An organization must know what the goals of the organization are and what processes are essential for success. A successful strategic planning process encompasses and engages performance improvement and outlines the uses of information systems within the organization. Strategic planning is management tools that can assist a healthcare organization reach its goals by using the most efficient resources and energy to achieve quality care. A strategic plan gives an organization shape and defines what an organization is by answering, what it does, why it does it, and what the desired future for the organization is (NAMAC, 2009). Five processes exist in strategic planning, mission and objectives, environmental scan, strategy formulation, strategy implementation, and evaluation and control, when used properly these processes will help establish the framework to be successful (QuickMBA, 2014).…

    • 1575 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Keeping in mind the goal of maximizing stakeholder wealth, companies should develop the strategic plans, which can help to move the business forward. “Strategic planning is an organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people”…

    • 851 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Strategic planning includes a group of organizational processes used to locate the desired future of the organization and aid in the development of a map to guide management in a direction to achieve the objectives and goals for the organization (Varkey & Bennet, 2010, p. 46). If performed correctly, the strategic planning process lead by senior management can be a fundamental tool to create a team building atmosphere and develop the desired employee cooperation and enthusiasm for current and future change and action needed during the implementation phase (Varkey & Bennet, 2010, p. 46). The authors describe in detail how organization’s senior executive leads the team through strategic analysis including a competitive market analysis, a SWOT (strength, weakness, opportunities, threats) analysis, as well as a financial accounting and management examination in correlation with current organizational structure and processes in place evaluating where potential changes need to occur (Varkey & Bennet, 2010, p. 46). The authors stress the executives should use the strength of the strategic planning process to clarify the purpose and vision of the organization in a way which inspires employees to work as a team to reach the organizational vision (Varkey & Bennet, 2010, p.…

    • 1789 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Strategic planning is the process followed by an organization in which it defines its strategies and makes plans for proper allocation of its available resources to achieve its objectives. While developing a strategic plan, it is essential to consider the various internal organizational factors in order to help the plan succeed. The internal organizational factor comprises of mission, vision, values and guiding principles, strategy and strategic objectives of the organization. Before creating any strategic plan, it is essential to know where the company is standing and where the company intends to go. The company must look at their have a look at the mission statement and the vision statement of the organization and then they must match it with the required demands and then frame the strategic plan. The mission statement depicts the purpose that an organization has and vision statement determines the future by formulating a picture of the organization. Therefore, they are the most important internal considerations for the development of a strategic plan .…

    • 676 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Communication is a very intricate part of a successful strategic plan. Collaboration with the board, executive leaders, management team all the way to front-line staff must be informed what the strategic plan is and how it relates to the mission and vision. The mission, vision, values, goals and objectives of the organization must be an organizational-wide dissemination. In order to have an effective and efficient strategic plan one must first select a strategic leader to help decide what their mission and vision will be. “Strategic leadership involves creating a vision and strategy that helps the organization succeed at its mission in both the short and the long term” (Spath, Abraham, 2013).…

    • 1041 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Strategic Plan Overview

    • 1043 Words
    • 5 Pages

    Strategic planning examines all business aspects and is more than envisioning the future, because it requires setting goals and establishing critical success factors and actions necessary to reach those goals. Goals and actions are tactical plans updated annually or semi-annually to track progress. Strategic plans are made according to each company’s process. Some complete the process every few years, whereas others prefer a five-year interval. Some companies plan a five-year timeframe, whereas others set longer timeframes. In any case, implementation and tracking are never-ending responsibilities for management and employees.…

    • 1043 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    To obtain the most success out of any assignment, whether it is personal or business related, everything all begins with a plan at the highest level. It is often wondered why businesses are so successful, is it good leadership, or great planning. There will be a brief discussion on the four primary components of a strategic management process, and why it is needed for a company.…

    • 563 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    MGT wk 1

    • 510 Words
    • 3 Pages

    In society there are hundreds of companies competing for your business on a day to day basis. As a management team it is crucial to understand strategic planning, and know how it can help you grow as a company. In corporate terms, strategic planning is making a plan as a company in order to achieve long-term goals and objectives. Upper management must think strategically first, then apply that thought to a process. The strategic management process is best implemented when everyone within the business understands the strategy. There are five stages for the management team to understand they are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.…

    • 510 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    University of PhoenixStrategic management and planning is a very important part of all businesses. Without strategic management and planning most businesses will fail. Each business has had a strategic plan formulated at one point. After the plan is formulated then it is implemented and finally controlled.…

    • 4552 Words
    • 19 Pages
    Best Essays
  • Powerful Essays

    Ovania Chemical Company

    • 2537 Words
    • 9 Pages

    Job analysis is the process of obtaining information about jobs by determining what the duties, tasks, or activities of those jobs are (Bohlander & Snell, 2003, p.94). Job analysis is the base of Human resource management. The purpose of Job analysis is to systematically study the nature of jobs to identify the work activities, tasks, and responsibilities associated with a particular job. Job data obtained by job analysis serves a variety of organizational purposes and provides a basis for decision making in job transformation, recruitment, selection etc. It provides objective evidence of the skills and abilities required for effective…

    • 2537 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Fire Essay

    • 2138 Words
    • 9 Pages

    To Start it off Strategic Planning starts with there Leaders and the mangers of the organization, they end up facing a lot of difficult challenges, like shifts in values, tax limits, unfunded mandates, all join together to try and a good volatile global economy. One of the reasons why strategic planning is going to be here to stay I because its good management, and the most cost effective or efficient way to do the work will be done and the rational model is depicted. There is lots of purpose and benefits Strategic Planning could help with and some examples are facilitating communication, participation, accommodate divergent interests, values & foster wiser, reasonably analytic decisions-making. In which all o this things could help you out well the community to know what’s going on. This establishment of this plan is to state a statement built around the organization mandates. One thing that we need to make clear is what Strategic Planning isn’t. For example it’s not a substitute for leadership, in which leadership is needed to promote, foster, direct and push the process. Its also not a solution for all of the difficulties but its is a tool designed to assist leaders to think and act fast and smart. Bryson described a ten step…

    • 2138 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    In the face of rapid change, organizations have realized they cannot compete on a global basis without a strategic plan that encourages innovation and creates knowledge internally and that builds customer loyalty to their products and services. A strategic plan provides the path an organization will take in the future. Future planning helps to determine (whether a company will stay on course or follow a different direction ran in the past); the predictions of how the marketplace, customer base, and product line will change or react to the future; and the calculated risk that the organization will need to bear to move in that direction. During strategic planning, organizations set their priorities for the next two to five years and identify how major resources are allocated. If done correctly, the strategic plan should be a document that motivates employees to achieve the plan’s stated goals and tactics. When realignment or redirection takes place, the plan explains the change and refocuses the organization’s efforts by redefining the organizational goals and major tactics.…

    • 1921 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    For this, it is essential to identify the key areas which need to be worked upon by the managers. This will help in developing and implementing the plans that will be useful in implementing the steps that will be useful for the business development. In this case, there has to be an effective strategy for implementing the strategic plan that will be useful in implementing the plan and analysing the challenges that might exists within the organization. The steps need to be taken after analysing the situation that exists within the company (Lucier, Schuyt, & Tse,…

    • 2548 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Human Resource Management

    • 694 Words
    • 3 Pages

    Students must note that not all strategic planning will be the same, rather it will vary between organizations. Different organizations will approach the process with different degrees of sophistication, thoroughness and commitment. Some organizations due to resource limitations may be unable to follow the formal process of strategy formulation. Other organizations may lack the necessary managerial commitment to implement a strategic plan. Managers who utilize the concepts of strategy development informally without implementing a formal process could still earn significant benefits from it.…

    • 694 Words
    • 3 Pages
    Powerful Essays