Strategic Management in Public Sector

Masters
Essay
Miscellaneous
Pages 13 (3263 words)
Download 0
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.

Introduction

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. ...
Download paper
Not exactly what you need?

Related papers

Public Service Management
After giving a brief picture f the values I shall go into detail about each element so as to give a broader view f the topic.…
Public Sector Management
The public sector company I am going to speak about is one of the prominent companies in the Caribbean region, the name of which has been asked not to be revealed. During the work in this company, I have become the witness of the way the corporate governance was performed. According to the information I had been by my colleague, the process of implementing new corporate governance strategy has…
Integration of Giant Supply Chains in Public Sector
The critical processes differ from one another, but the processes involving supply chain management and supply chain management are critical to any organization. The coping period of the organization without critical processes is known as maximum tolerable outage and this makes the private sector organization fail in the absence of successful supply chain management. At this context, the public…
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.…
Strategic management leadership
Fro public organizations to cope with this trend and demand of the present time, there is the need that it adopt a strategic management so as to effectively utilize its resources in meeting immediate objectives and long term goals.…
Public Management
But in recent time, the emphasis on New Public Management/ Public sector management approaches has forced public organizations to pay closer attention to their services delivery as con summers have begun to expect and demand more for their tax dollars". In this instance, no consumer of public goods and services are content with grumbling about poorly- produced goods and services and the…
Strategic Management and Strategic Planning
The aim of the paper is to analyze and evaluate how the Gillette Company responded to just such a set of circumstances and introduce change management into practice.…