Strategy is the direction and scope of an organization over the long term‚ which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling the stakeholder’s expectations. Strategic Decisions are about: The long-term direction of an organization The scope of an organization’s activities Gaining advantage over competitors; Addressing changes in the business environment; Building on resources and competences (capability); Value
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Managing strategy requires the consideration of a wide range of factors‚ which change over time. Dell Computers aims to stretch its way of business In an interview with the Financial Times in November 2003‚ Kevin Rollins‚ the CEO of Dell Computers‚ explained how he was putting his job on the line by leading a major strategic change in the company. The US company famous for selling PCs is planning a big push into consumer electronics. If things go according to plan‚ Michael Dell could
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Cognitive-Behavioral Therapy (CBT) is one of the effective‚ and empirical proven therapies in counselling‚ mentoring‚ and coaching (Connor‚ & Pokora‚ 2017‚ p.111-112; Dobson‚ & Dozois‚ 2001‚ p.10-11). CBT approach states that individual’s attitudes‚ feelings‚ and thoughts are connected and influence each other. Individuals’ defeating‚ self-limited thoughts‚ and interpretations of specific event or the world around them‚ produce grief and have a negative influence on their doings (McLeod‚ 2013‚ p
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more dynamic and unpredictable. The changing business environment requires strategic thinking in companies to develop good corporate strategies. Only when developing effective strategies‚ corporate can remain the competitive position. By creating strategy‚ organization can remain the competitive advantage which other companies are unable to implement. Corporate strategy is not only for large firms but also for small business. However‚ there is a quotation suggests that “Strategic management is nothing
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about what was taught.’ (Peter Elbow) Child Centered Learning It is also referred as child centred pedagogy‚ child centred education‚ child centred teaching‚ student centred teaching or student centre learning. Child centered learning approach is a philosophy‚ not a methodology – which is why there are so many different approaches and no two classrooms applying it will look the same. Child centered learning: The teacher challenges the children in a safe and respectful manner to develop
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3 STRATEGY In this section‚ we separate strategy into two components: the content of the strategy and the process of developing the strategy. The content describes how an organization will achieve its vision or strategic intent‚ i.e. it is a blueprint for winning. As such there is no one best strategy. A firm’s strategy ties together the different functional areas of the organization (e.g. marketing and finance) so that there is a consistency in action over time. It also drives implementation
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leadership approach. We will analyze the purpose‚ strengths and weaknesses of the situational leadership approach‚ and provide an example of how it can be applied to real situations. Situational Leadership Approach As it name suggests‚ the situational leadership approach states that leaders should use different approaches as situations change. In short‚ leaders should be flexible‚ embrace change as it comes‚ and be capable of adapting to it. The situational leadership approach is a model
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management The concept of strategy ➢ Strategy is the great work of organization. In situations of life or death it is the Tao of survival or extinction. Its study cannot be neglected. ----SUN TZU‚ The Art of War.2500 B.C ➢ Strategy is about winning. ➢ Strategy is not a detailed plan or program of instructions‚ it is a unifying theme that gives coherence and direction to the actions and decisions of an individual or an organization. Characteristic of a winning strategy ➢ Goals that
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Introduction Strategy is a course of action‚ specifying the resources required‚ to achieve an objective and a goal. It’s the organization’s plan as to how it is going to create value. Some of the levels of strategy in an organization are: corporate‚ the general direction of the whole organization; business‚ how the organization tackles particular markets; and operational/ functional‚ that means that there are specific strategies for different departments of a business. To achieve the objectives
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Systems Approach Model Dick and Carey’s Systems Approach Model is a widely known and highly regard instructional design model. Dick and Carey’s Systems Approach Model views the leaner‚ instructor‚ instructional material ‚ and the learning environment as interrelated parts necessary to achieve the desired goal. The System Approach Model is made of the following interacting components: identify instructional goals‚ conduct instructional analysis‚ analyze learners and context‚ write performance
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