Strategic Management M1

Masters
Case Study
Miscellaneous
Pages 8 (2008 words)
Download 0
The paper has compared and contrasted visions of two companies for strategic development. The companies are: Marks and Spencer's and Nestle. The article has discussed strategy development processes of these two companies. The article has also compared how the two companies exercise motivational aspects, their organizational cultures and their organizational structures.

Introduction

Social needs are met and encouraged by team building exercises, and teamwork is encouraged throughout the organization. This helps provide a friendly atmosphere throughout the workplace. Esteem needs are met by the recognition of achievements by senior management to ensure that credit is always given where credit is due. This keeps employees motivated and gives them a high level of job satisfaction and gives them incentives to fulfill their potential and achieve great things. The top of the hierarchy is the self-actualization needs. This is about the development and realization of a persons full potential. Marks and Spencer's allows this need to be met by offering career enhancement and promotion opportunities, a challenging role for employees, achievement in work and pushing employees to fulfill their potential. Marks and Spencer's believe that self-actualization is a very important factor and will increase efficiency within the organization. ...
Download paper
Not exactly what you need?

Related papers

Strategic Management: Strategic Choices
Company's target markets are small business and household products that are personal computers, printers, cameras etc.…
Strategic and Tactical Management
Everyone in the company should strive for the attainment of organizational vision. Lastly, two important things are stressed by Thomson and Strickland (2001), formulation of a good strategy and executing it most efficiently. Truly, strategic management is nothing if leaders cannot come up with a good strategy. Also, no matter how good a strategy is, if not executed efficiently then the company is…
Strategic Management M1
Social needs are met and encouraged by team building exercises, and teamwork is encouraged throughout the organization. This helps provide a friendly atmosphere throughout the workplace. Esteem needs are met by the recognition of achievements by senior management to ensure that credit is always given where credit is due. This keeps employees motivated and gives them a high level of job…
Aspects of Strategic Management
Therefore, a business venture is exposed to a number of factors that act as the judiciary in determining the direction that the business takes.…
Strategic management
objectives. …
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.…
British Airways strategic management
and Stahl, M.J. (1997, p. 2) that managers of organizations need to anticipate and adapt to change by keeping in touch with the external environment of the organization. The present chapter is focused on British Airways which is one of the world's favourite airlines as it carries more international passengers to more destinations than any other air carriers (Haberberg, A and Rieple, A, 2008:458).…