One may feel satisfied to think that the elements of strategic management ? (i) reaching some agreement on corporate objectives; (ii) finding a plan to achieve the objectives; and (iii) arranging and allocating the resources required to implement the plan ? can be approached sequentially. It would sound acceptable, in other words, if one could deal first with the noble question of goals, and then address the mundane question of means.
But in the world in which strategies have to be implemented Landon Collins Hoodie , the three elements are interrelated. Means typically determine ends while ends typically determine means. The objectives that an organization might wish to pursue are limited by the range of feasible approaches to implementation. (There will usually be only a few approaches that will not only be technically and administratively possible, but also satisfactory to the full range of organizational stakeholders.) In turn, the range of feasible implementation approaches is determined by the availability of resources.
In a typical ?strategy session? participants are likely to be asked to do ?blue sky? thinking where they pretend that the usual constraints ? resources, acceptability to stakeholders Sean Taylor Shirt , administrative feasibility ? have been taken, the fact is that it rarely makes sense to fly oneself away from the ground in which a strategy will have to be implemented. It?s probably impossible to think in any meaningful way about strategy in an unconstrained environment. Ou L Jerseys[/url]