Annotated Bibliography Strategic Management Literature review - 1

Annotated Bibliography Strategic Management - Literature review Example The author credits that business plan and a business idea will make a company or business achieve its goals. A personal conclusion is that cost leadership or product differentiation, which would result in added value to the product or good offered to the buyer creating room for high incomes and profit. The author tries to show how people critically think to build a successful business and that is the author gives a hint on the successful ways and that is by having a business plan. The author classifies management as the school of thoughts that show management in different institutions. Mintzberg own proposal for the basic values of strategic management is criticized by using the identical criterion. The intended audience by the writer is business and people who intend to get into the business venture. The author’s purpose of the work was the show strategy paradigm where the typical planning focus for the firm prepares the financial budget with a time perspective of 12 months. The credibility of the author is that strategic management aim is to create, affirm aim and do data analysis in order to identify issues arising in the organization (Hill, et.al 2009). Special features include the collection of data entails making efforts of collecting data from other organization and even carrying out reviews from the outside environment and this is quite unique. The author concluded that survival, practical goals and operational goals must be enhanced by stakehol ders. The author’s conclusion of the work was the strategy paradigm creates good financial management.A personal conclusion is that strategic paradigm is a way of performing financial management that grows the company’s economy and growth. A theme of the study was to focus on how business is run by the microcomputer and these are the relationships that are accorded in business. Weaknesses are the challenging factors that an organization will face, altering the smooth flow of production strategies.  

Employees would like to improve the value of their work using the 7 Essay

Employees would like to improve the value of their work using the 7 stage Checkland Soft Systems Methodology (SSM) - Essay Example In the end, the conclusion summarizes the findings and their applicability in the real world. Soft Systems Methodology was developed by Peter Checkland and is a seven step methodolgy to construe models to solve organizational problem situations. It provides a comparison of the current world with certain focused models that can solve ‘soft’ problems. The approach is deemed to be participative and can be carried out by organization members with the support of a facilitator who is familiar with the methodology. It is of most use for people who work and involves drawing rich pictures to expand on different models and systems (Hersh & Hamburg, 2006). The problem under consideration is how can employees improve the value of their work. There are many factors that can accrue to overall improvement in work performance. More importantly, factors that are impeding improvement strategies from being implemented need to be addressed. The value of work done by employees depends partly on the working environment and partly on the employer. Therefore, in order to bring about de finitive change, the employer’s support and cooperation is of great importance. This paper identifies the problems faced by employees in order to improve the value of their work. The first part of the SSM inquiry deals with identification of the problem. The later part deals with root definitions of the systems and the development of potential models; the last steps expound on the efficacy of the proposed recommendations in the real world. For a business organization to function successfully, the value of work of the employees plays a very critical role. It is as much the responsibility of the employees as it is the duty of the line manager to ensure that optimum employee performance is achieved. However, due to any reason, if the employees are not able to put in their best performance, the value of their work is