Implementing Certain Strategies Samples †MyAssignmenthelp.com

Question: Discuss about the Implementing Certain Strategies. Answer: Reason behind keeping hidden strategies The organization always has a particular strategy for which they have met their long-term goals and objectives. There are some major policies that are not forecasted by the management, as they are the future steps or activities of the company they do not want to disclose. Employees are must be trustworthy to the company, however, there are numerous cases when employees are not loyal to the company and they implement the same strategy in their own startup business and make successful. Thus, now onwards big decisions are always kept as a secret. Business policy, outline, and framework are important to measure any of the strategic implementation as the reach of the company and their associated terms are very important to analyze the company's stretch in the market (Austin and Pinkleton 2015). Managers are implementing certain strategies for the betterment of the company in case of getting more evaluation, control, and formulation of the company in the competitive market. The resources a re also important and effective as these are determination factor of marking the corporate objectives of an organization. There are several dimensions that analyze the corporate strategic decision and manage all these decisions in an ethical way so that perspective of the understanding of every employee remains same. The goal must be fixed for all and they support the company improvement to achieve that goal. Top level decision and pledge is the first dimension that analyzesmanagement commitment to their organization. They are the executives and bosses of the company so their strategic planning is needed to god otherwise company will get a severe threat in a competitive market. The second dimension emphasizes on the resources of the organization (Grant 2016). Organization potential resources signify the stretch of the company and provide an impactful thought where the organization can use this. Executives and managers perspective in terms of assets, money and physical working people and effective allocation of them is the key issue to commit their workplace as well. The organization has some long-term p roperty and this is the third dimension of the company that encompasses the particular strategy that provides a competitive advantage to the company. Some of the technological adaptation assistance from the market and change in strategy may consider the long-term strategic implementation over the development of the company (Hrebiniak 2013). This is another dimension that provides long-term objective and endangers previous gain and shifted the market for better opportunities. For this situation also strategic mindset is required and those strategies are kept aside from the employees before the implementation. Companys future orientation is depending on the proper projection development and product versatility. In case of the proper development, the organization is always depending on the correct strategies from managers. Strategies, those are imposed by the manager, must be implemented in a required way so that competitive effectiveness, necessary involvedness and strategic business units and divisions are maintained (Konno, Nonaka and Ogilvy 2014). There are certain characteristics in strategic business objectives which may not be forecasted form the authority for the external influence over this. External influences are so challenging that company survival is the concern issue over the situation. Most promising strategy in business is the future development of the organization. In this case, the promising strategic use is the key intervention that management has done in an ethical way so that business operations have a smooth way to operate. It requires adequate amount of resources, relevant use of external factors and top and concern level of the management team (Kim and Mauborgne 2014). All these allocations are important to determining the proper strategy of the company. In such cases, the long-term commitments are being fulfilled and those are being fulfilled by the framing out of strategies of the organization. Organization success and failure are depending on the implemented strategies. Organization leaders need to be ad aptive and innovative because whatever they have an implement that must have a sense of adapting nature to the employees and they have to work along with this for the future development of the organization. If they are not capable to use right model, in right time then the company may surface a stagnant situation. Any of the business threat and developing measures is the responsibility of the imposed strategy (Eden and Ackermann 2013). Managers are well enough adaptive to handle these situations and have the good eye to read the future. Their planning their implemented theories is the attending concern of the employees as employees have to abide by the implemented strategy that managers have chosen for the organization. The general reason behind hiding the strategy form the employees is overconfidence. Sometimes employees are trying to judge and analyze the strategy and by mistake, they stretch the future implemented strategy in an external environment. Other companies like this strategy they implemented the strategy in quick time and get success. So basically from the fault of judging and discussing the analogy of the strategy they parental company who have invented the strategy get affected. As discussed in Business News Daily, most of the small and medium firm employees are stealing, that may be money, project ideas, theories, models or strategies. By an experiment the article reviewed that 40% of the theft manner in employees are found in the small and medium scale of business. This is the reason production of the company become stagnant and the company has to fight for its survival (Konno, Nonaka and Ogilvy 2014). Organization strategic investment decisions are the major issue of ignoring the s trategy and anchoring of the strategy is also making a loose sense to the employees. Thus management needs to be strong and firm enough to impose the strategy in a right way and recognize the initial aspect of the strategy that employees must work on. Employees have to be eager to utilize this strategy as the strategic change may develop the scenario of the organization (Albadani and Mostafa2017). Chosen mechanism of M.H. Alshaya Alshaya is the consumer goods retailer company that is headquartered in Kuwait. They have operated 80 consumer retail brands in North Africa, Russia, Europe and the Middle East. The company also operates 3500 stores in seven segments of in goods and accommodation. They have more than 50,000 employees in their multiple stores around the world, thus their strategic planning is very much required to maintain their good reputation in this competitive market. Their wide range of products like footwear, fashion, food, apothecary, home endowing, optics, entertainment and health, and beauty all these are needed a unique strategy so that this huge market can get a competitive advantage in this globalized market (Alshaya 2017). The First and foremost strategy of the company is Building brands as they have the best retail, mother care and beauty brands all over the world. As their business is spreading through Russia, Middle East area or Turkey area their rand of choice is the concerning thing for the company. The next mechanism the company has followed is the accumulating good people for their company. All the employees are talented and they have the same desire to develop the company in a wider aspect. Employees are growth seeking so there is no discrepancy to apply a strategy over here, as the employees are well enough educated to make adapt with that business and take challenges in adverse condition. Strategies are not always related to the marketing or business; sometimes it is related to the sympathetic point of view of the customer (Kelleher and Yoda 2016). The organization has implemented Training and education program for Saudi Women, this is a huge step that the organization has done in recent days, this is a strategy to engross more women in their store and develop their business (Enloe2014). In addition to lots of brands, the company has special Privileged benefit for their existing members. There are exciting prizes, gift coupons, cards, rewards, money back all these are circulated by some monthly draws or Quarterly super draws(Alshaya 2017). This is another clever mechanism that has imposed by the organization, because for those exiting prizes and offers people love to visit that place and employee are doing their best to make a relationship with them so that they can come again and again and the company gets a competitive advantage rather than other companies (Al-Kandari and Al-Hellal 2014). Alshaya welcomes nine new brands in the major malls in Kuwait and that engross people attention as those brands are doing their debut in Kuwait market and Alshaya is the establishment parental company for those brands. Victorias Secret, Harvey Nichols Kuwait, Jack Wills, Garrett Popcorn Shops, The Cheesecake Factory, Jo Malone and Sarar all these brands are from beauty products, fashion retails, tea brands, popcorn brands, kitchen brands and food sections. These are the strategic implementation that Alshaya is doing to make competitive advantage in the globalized business arena (Alshaya 2017). References Albadani, R.M. and Mostafa, A.F., 2017. The Effect of different Electronic support systems through cloud computing on developing 3rd year students Computer knowledge.Life Science Journal,14(6). Al-Kandari, A.M. and Al-Hellal, A.J., 2014.The Relative Effectiveness of Technology-Based Laboratory Real-Time Graphing on Seventh Grade Students' Graph Interpretation Ability.Journal of Education/Al MejlhAltrbwyh,28(111). Alshaya 2017.Discover the world's best loved brands. [online] Available at: https://www.alshaya.com/en/ [Accessed 18 Oct. 2017]. Austin, E.W. and Pinkleton, B.E., 2015. Strategic public relations management: Planning and managing effective communication campaigns(Vol. 10). Routledge. Eden, C. and Ackermann, F., 2013.Making strategy: The journey of strategic management.Sage. Enloe, C.H., 2014.Bananas, beaches and bases: Making feminist sense of international politics. Univ of California Press. Grant, R.M., 2016.Contemporary Strategy Analysis Text Only.John Wiley Sons. Hrebiniak, L.G., 2013.Making strategy work: Leading effective execution and change. FT Press. Kelleher, H. and Yoda, J., 2016. 7 Implementing and executing strategies in the business and functional levels.The Strategic Planning Process: Understanding Strategy in Global Markets, p.243. Kim, W.C. and Mauborgne, R.A., 2014.Blue ocean strategy, expanded edition: How to create uncontested market space and make the competition irrelevant. Harvard business review Press. Konno, N., Nonaka, I. and Ogilvy, J., 2014. Introduction to the Special Issue on Strategy, Story, and Emergence: Essays on Scenario Planning.World Futures,70(1), pp.2-4. Konno, N., Nonaka, I. and Ogilvy, J., 2014. Introduction to the Special Issue on Strategy, Story, and Emergence: Essays on Scenario Planning.World Futures,70(1), pp.2-4.