Thursday, August 22, 2019
Strategic Management and Business Policy Essay Example | Topics and Well Written Essays - 250 words
Strategic Management and Business Policy - Essay Example Then there are the consequential decisions which take up a lot of resources and thus demand high level commitment from the people at different levels within the organization. The last characteristic within the strategic decision understandings is that of directive decisions which set precedents for lesser decisions as well as the future actions that take place at varied levels of the organization (Hoffman, 2006). A strategic decision at my workplace has been in the form of an example that I can quote here. My boss once asked all the employees to think about the organization and cut back on late comings so that it could boost performance considerably. This was one consequential strategic decision that was taken by the boss so that the productivity could increase and thus the organization could achieve more success with the changing business times. The same were followed up by the employees and about 90% rate of success was achieved within that
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