Strategic Management in Public Sector - Essay Example

Only on StudentShare

Extract of sample
Strategic Management in Public Sector

We shall try to apply theoretical knowledge to the case study research. This theoretical knowledge will become the basis for fulfilling the main purpose of the present case study.
Glaxo is a health company with strong foundation into science. It is occupied with production of medicine for World health Organization's three priority diseases - HIV/AIDS, tuberculosis and malaria. The strategic management of the company consists of four steps - draw, see, think and plan.
Reuters is known to be news service organization. It is necessary to mention that the company was established in 1851 by Paul Julius Reuter. Nowadays Reuters provides reports to newspapers from the whole world. But news provides only less than 10% of Reuter's income. It concentrates on providing financial markets with necessary and essential information about new products and their trading. Their activities involve currency rates, share price and other market data. (Kay 1995)
Strategic management is "the process of specifying an organization's objectives, developing policies and plans to achieve these objectives, and allocating resources so as to implement the plans". (Strategic management techniques) It is known that strategic management is the highest level of managerial process. ...Show more

Summary

This work is a case study, based on the two examples of public sector companies - Glaxo and Reuters. The main guideline of the study is comparing and contrasting the strategic management of both companies, the internal and external factors of both companies' strategies and finding out if differences in strategic management influence the whole company's policy in public sector.
Author : dwalter
Strategic Management in Public Sector essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Strategic Management in Public Sector"
with a personal 20% discount.
Grab the best paper

Related Essays

The impact of performance management system in public sector
The Public Sector is usually defined to include traditional non-profit and social entrepreneurial organizations which are believed to combine social and financial mission (Grimes, 2010). Recently, many public organizations have been under great pressure to increase their productivity, efficiency and quality of service.
10 pages (2500 words) Essay
Good Management in the Public Sector
The public sector is one area which can gain a lot from good leadership and management, which would foster better delivery of services through government ministries, agencies and organizations (Cohen, Eimicke and Heikkila 10). To achieve this, all barriers to good management in the public sector should be identified and done away with.
4 pages (1000 words) Essay
Managing in Mix Economy National Rail in the United Kingdom
The services are also extensively provided to the staff and passengers of the railway sector all across the country of Britain. Furthermore, it has also been analysed that the company provides services to the underground railway, the metro tram system, Sunderland Metro and Emirates Airlines to name the crucial components that receive the services.
12 pages (3000 words) Essay
Measuring Public Sector Performance
This observation provides the hypothesis for the research paper that measuring the performance of the public sector is more difficult compared with measuring the performance of the private sector. The discussion has five parts. First, organisational types and the importance of performance measurement are linked together and discussed.
12 pages (3000 words) Essay
Public Management
The ever increasing demands of the people in the quality service rendered to them by public organizations, is one that has awoken the need for public sector organizations to adopt the implementation of modern management techniques. In this view Richardson (2006), puts it that "Traditionally, public service organizations have had little need to worry about market share and increasing competition, since they operate in a monopolistic environment.
8 pages (2000 words) Essay
Risk Management: Public Sector Loss Financing Schemes
This management plan takes into account both the internal and external environment that affect policy-making. By looking outward and across the organization as well as at individual activities, this comprehensive approach to managing risk is intended to establish the relationship between the organization and its operating environment.
9 pages (2250 words) Essay
Compare and contrast two case studies of strategic management techniques in the public sector in order to examine a) the impact of strategic leadership and b) t
The present case study will use the methods of description and comparison. The main purpose of the study is to compare the management strategies of both companies, finding common
13 pages (3250 words) Essay
Public sector services should be managed just like the private sector. Discuss this statement using examples from contemporary management practices
times can not be made clear as the private sectors use state owned assets and provide public services and the state also lease assets owned and managed by private companies. But often a major characteristic difference can be seen between private sector services and public sector
10 pages (2500 words) Essay
Good Management in the Public Sector
The public sector is one area which can gain a lot from good leadership and management, which would foster better delivery of services through
4 pages (1000 words) Essay
Public Sector
rofit organizations receive basic services from cities in which they are situated at, and are funded by real estate taxes, every property owner should pay something in return. These payments are usually made to the local governments by the non-profit organizations because the
2 pages (500 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT