Professional Documents
Culture Documents
is the managerial process of developing and maintaining a strategic fit between the organization's objectives and resources and its changing market opportunities.
Org Objectives Strategic Fit Resources
1
Changing Environment
Operating Plans
Corporate Mission
Broad purposes of the organization General criteria for assessing the long-
term organizational effectiveness Driven by heritage & environment Mission statements are increasingly being developed at the SBU level as well
Not quantified and not limited to a time period E.g. increasing the return on shareholders equity
Unique business mission Definable set of competitors Integrative planning done independently Responsible for resource management in all
areas Large enough but not so large as to become bureaucratic
Situation Analysis Internal Analysiscompany; capability etc. External Analysiscustomers, market definition, industry structure SWOT Analysis
& Threats