Strategic Business Decisions Problem Solving Abilities
This essay entails the Strategic Business Decisions which help manegers with their Problem Solving Abilities. Strategic Business Decisions are vital in maintaining the cohesiveness of a business.
Strategic Business Decisions Problem Solving Abilities
Firstly, strategy is often a complex puzzle that requires both leadership and management oriented decision-making, critical thinking and problem-solving abilities. Strategic thinking, in general, requires the understanding of intricate design structures and networks within an organization.
Secondly, to meet the challenges in this Assessment, you must be ready to use a combination of such professional competencies and business acumen to formulate strategic business decisions from a leadership. Management and organizational design perspective. Essentially, you are analyzing a business to construct a business case.
Also, the industry from which you may select a company, and a competitor company, is the hotel industry. Make sure you conduct research to correctly identify two hotels that are not owned by the same parent company.
Thirdly, in a narrated PowerPoint presentation, your goal is to make strategic decisions from a management, leadership, and organizational design perspective by meeting the following criteria: You will assume the role of CEO for one of your chosen companies, and the other company will be a competitor that operates in the same industry with similar products.
Furthermore, as the CEO, you will make strategic decisions from a leadership or a management perspective. Your audience is the executive management team of your organization. As the CEO, provide a thorough synopsis of your chosen company by introducing the brand, industry, products, target market.
Forthly, be sure to use leadership abilities to inspire your audience through your communication of this information. From a management perspective, provide a high-level synopsis of the organizational design of your chosen company.
Finally, provide a thorough environmental analysis on the state of your chosen industry and your company’s market position within the industry. From a management perspective, analyze the financial condition of your chosen company.