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This question is about employer.
What is an organizational strategy?
An organizational strategy refers to the long-term plans of an organization in terms of how it plans to use the resources at its disposal to achieve certain objectives and goals. It also details how the company will support all of its business operations, functions, and activities.
Companies use an organizational strategy to meet, or exceed, their goals, and also to develop detailed tactics used to develop, grow, and remain profitable. Most organizational strategies usually contain in-depth assessments that delineate what a company needs to achieve and the methods it will use to make those achievements.
Many elements must be included in an organizational strategy. Here are some common features:
Specificity
Organizational strategies must be specific in terms of what they want to achieve, and how the company plans on achieving its various objectives and goals. Setting guidelines for how work is to be done, and the amount of work that must be done, a company can then use different metrics to determine productivity and overall success.
Metrics
Organizational strategies that can be measured using metrics and data normally are the most successful. This helps because it can display to a company whether or not it has reached a goal, or is on the right track to achieve a goal.
Being realistic
Organizational strategies must be realistic for them to be successful. Companies can use market research and information on their competitors to determine the proper goals to set for an organizational strategy.
Limitations
Organizational strategies must also have limits to be effective. Most have some form of a time constraint or deadline, meaning the company expects to hit a certain mark by a specific time or business quarter.
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