Lots of roles and functions of strategic management within a company. This time I will discuss the function and role of strategic management and in helping to smooth the progress of a company. But not only have a positive, strategic management functions also have a negative impact.
Management functions are the basic elements that will always exist and embedded in management processes that will be used as a reference by the manager in carrying out activities to achieve goals. Management functions first introduced by a French industrialist named Henry Fayol in the early 20th century. At that time, he mentioned the five functions of management, namely designing, organizing, commanding, coordination, and control.
Management functions within the company take an important role for improving performance within an organization. supported by the Vision and Mission.
Management strategy for the company's petrified face changes that are not ready in anticipation by the company in current conditions. The global economic crisis is a major constraint that is often overlooked by all of the company when the economic situation is good and profitable, but when the situation turns upside down the role of strategic management becomes very important and necessary. Will be too late for companies to implement management strategies when the company was on the verge of a big problem. Because time is unpredictable and the situation we can not estimate.Management Strategy helps organizations collect, analyze, and organize information.
Non Financial benefits: Increased employee productivity and understanding of competitors strategies from the results of research showed that organizations that use the concept of strategic management is more profitable and successful than people who do not. Companies that use management strategies showed significant improvement in sales, profitability and productivity compared to firms without systematic planning activities.
the objective function for the company:
- As a motivation
- As the legitimacy
- As the basic organizational
- Specializes in the mission of
- As a guide
function of the merger:
- Get new technology
- Reduce the taxpayer
- Gain access to distributors, customers, products, suppliers, and creditors.
- Reduce managerial personnel
- Obtain economies of scale
Management functions are the basic elements that will always exist and embedded in management processes that will be used as a reference by the manager in carrying out activities to achieve goals. Management functions first introduced by a French industrialist named Henry Fayol in the early 20th century. At that time, he mentioned the five functions of management, namely designing, organizing, commanding, coordination, and control.
Management functions within the company take an important role for improving performance within an organization. supported by the Vision and Mission.
Management strategy for the company's petrified face changes that are not ready in anticipation by the company in current conditions. The global economic crisis is a major constraint that is often overlooked by all of the company when the economic situation is good and profitable, but when the situation turns upside down the role of strategic management becomes very important and necessary. Will be too late for companies to implement management strategies when the company was on the verge of a big problem. Because time is unpredictable and the situation we can not estimate.Management Strategy helps organizations collect, analyze, and organize information.
Non Financial benefits: Increased employee productivity and understanding of competitors strategies from the results of research showed that organizations that use the concept of strategic management is more profitable and successful than people who do not. Companies that use management strategies showed significant improvement in sales, profitability and productivity compared to firms without systematic planning activities.
the objective function for the company:
- As a motivation
- As the legitimacy
- As the basic organizational
- Specializes in the mission of
- As a guide
function of the merger:
- Get new technology
- Reduce the taxpayer
- Gain access to distributors, customers, products, suppliers, and creditors.
- Reduce managerial personnel
- Obtain economies of scale
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