STRATEGIC MANAGEMENT – A MODEL FOR GROWTH-DRIVEN DENOMINATIONAL LEADERSHIP Rev. Stephen O. Asaju Nigerian Baptist Theological Seminary‚ Ogbomoso‚ Nigeria. INTRODUCTION Strategic Management as a term and concept is not new. The term was first used in the 1970s‚ and it meant that a staff of strategic planners more or less thought up strategic programs and then tried to sell them to decision makers. In the 1980s and 1990s‚ the view of strategic planning
Premium Strategic planning Strategic management Leadership
can take away someones house‚ it can be a positive action if it makes a neglected property livable again. It improves not only the area‚ but also the community. Economic growth can be both positive and negative. It can create jobs for people‚ improve living conditions and improve peoples moral. While the negative effects of economic growth can hurt the poor‚ especially affordable housing‚ it can hurt the environment‚ and more money has to be put out for public works. American cities have to rely on
Premium Economics City Sustainability
Since the epoch of civilisation man has attempted to improve his standard of living. From being a food gatherer to being a farmer‚ food and security of well being has been the prime pursuit. In the modern times‚ economic growth is essential to meet these needs of food and personal security. To think of man going backwards‚ wherein he subjugates his quest for a better life‚ would be a myth. Natural resources need to be tapped to provide for artificial comforts and luxuries. And to run these items
Premium Natural environment Economics Wind power
becoming critical for fuelling India’s economic growth. Investment in commodities not only has a balancing effect on the portfolio‚ but also acts as a natural hedge. India is finally beginning to get noticed by the world at large. Rising incomes‚ growing population‚ soaring foreign exchange reserves and economic liberalization policies make India an attractive destination for overseas investors and businesses. Indeed‚ India is emerging as an asset class. Growth is driven by domestic consumption and
Premium Commodity market Investment Macroeconomics
Growthpoint Properties can use the Porter’s Five Force Model to develop the cooperation’s strategy with in the real estate industry‚ giving them a strategic advantage including the opportunity to increase their profitability within the real estate sector. The model will be as follows: Competitiveness in the industry- High Growth Point Properties Ltd operates in a very competitive Real Estate Sector‚ which could have an overall long-standing effect on the profitability of the entity. Their competitors
Premium Real estate Real property Business
The gilded age was the period of fast economic growth in late 19th century. During that period‚ national railroad and communication network was developed‚ and the corporation became the leading form of business organization. Many small manufacturing factories became corporation and people started to work in those industries rather than in the farm. The wage rate for the skilled worker was better than the many European countries so immigrants from many European countries were came to the The gilded
Premium Gilded Age United States 19th century
Thierfelder‚ 2008) - there has been tendency for groups of countries to create regional economic blocs to stimulate the process of market integration and trade (Cumbers‚ 2009). Over the post war period the global trade has expanded faster than the global GDP (McDonald‚ Robinson‚ Sherman‚ & Thierfelder‚ 2008). There are two contrasting perspectives of regional integration: the first view emanates from mainstream economics‚ which highlights that reduction of trade barriers will facilitate a more efficient
Premium International trade Economics People's Republic of China
George‚ William T. Dickens‚ and George L. Perry‚ 1996‚ “The Macroeconomics of Low Inflation‚” Brookings Papers on Economic Activity‚ Vol. 1‚ pp. 1–59. Aron‚ Janine‚ and John Muellbauer‚ 2002‚ “Estimating Monetary Policy Rules for South Africa‚” in Monetary Policy: Rules and Transmission Mechanisms‚ ed. by Norman Loayza and Klaus Schmidt-Hebbel‚ Series on Central Banking‚ Analysis and Economic Policies (Santiago‚ Chile: Central Bank of Chile). Ball‚ Lawrence‚ 1999‚ “Policy Rules for Open Economies‚” in
Premium Inflation Monetary policy Central bank
Tax in Improving Indonesia’s Economic Growth Smoking is prohibited due to medical reasons; nevertheless‚ many countries still allow their people to smoke in certain areas‚ for example in Indonesia. This is due to the fact that by raising the cigarette excise duty by exactly 100 per cent‚ the country would acquire many advantages. It will create numerous new employment opportunities and even boost the workers’ annual incomes. This is good for Indonesia’s economic because eventually the country’s
Premium Household income in the United States Consumption Indonesia
Joint Ventures A tool for growth during an economic downturn 2009 © 2009 KPMG International. KPMG International provides no client services and is a Swiss cooperative with which the independent member firms of the KPMG network are affiliated. 02 Joint Ventures Our focus on joint ventures Life is tough for businesses with expansion plans. The high leverage‚ liquidity and low funding costs that fueled growth may have stopped‚ but activist investors are still demanding increased shareholder
Premium Joint venture Due diligence