How can I respond to this in 100 words? Business-level strategies are known to thrive in conjunction with strategies that are supported within the business unit’s operational level. The functional areas should be combined with other department activities because adjustments of other departments can affect the performance that drives the business unit. Tactics is considered a vital term to support the strategy that is considered within the functional area. “ Moreover, business strategies are usually developed by the business unit’s top executives, while functional strategies are typically crafted by the departmental managers responsible for implementing them” (Parnell, 2017, p. 183). For best practices, the corporate and business strategies should already have been established to increase the value and effectiveness of the functional or tactical strategies within an organization. While incorporating such strategies, it is imperative for managers to understand the interrelationships within all functional areas of the business units. Functional strategies relate to an organization because it allows employees the ability to foster commitment to training and development that produces good work habits. “Organizations may fail to maximize the performance benefits of strategic change because they either do not detect the presence of performance loss or fail to diagnose and mitigate the loss” (Jun et al., 2007, p.156). There should be Functional strategies integrated to support the uniqueness of any organization. In those functional strategies, there should be competitive advantages to attract qualified employees within the competitive market. However, fostering a culture that adheres to the needed changes within the business unit is vital in order to achieve a successful organization. “Keep in mind, you also want to make this culture sustainable, so it must be a part of every level of your organization” (Prune, 2023, p.46). Ineffective organizational practices will result in unethical wrongdoing and hardships within the organization that causes major setbacks.
How can I respond to this in 100 words?
Business-level strategies are known to thrive in conjunction with strategies that are supported within the business unit’s operational level. The functional areas should be combined with other department activities because adjustments of other departments can affect the performance that drives the business unit. Tactics is considered a vital term to support the strategy that is considered within the functional area. “ Moreover, business strategies are usually developed by the business unit’s top executives, while functional strategies are typically crafted by the departmental managers responsible for implementing them” (Parnell, 2017, p. 183). For best practices, the corporate and business strategies should already have been established to increase the value and effectiveness of the functional or tactical strategies within an organization. While incorporating such strategies, it is imperative for managers to understand the interrelationships within all functional areas of the business units.
Functional strategies relate to an organization because it allows employees the ability to foster commitment to training and development that produces good work habits. “Organizations may fail to maximize the performance benefits of strategic change because they either do not detect the presence of performance loss or fail to diagnose and mitigate the loss” (Jun et al., 2007, p.156). There should be Functional strategies integrated to support the uniqueness of any organization. In those functional strategies, there should be competitive advantages to attract qualified employees within the competitive market. However, fostering a culture that adheres to the needed changes within the business unit is vital in order to achieve a successful organization. “Keep in mind, you also want to make this culture sustainable, so it must be a part of every level of your organization” (Prune, 2023, p.46). Ineffective organizational practices will result in unethical wrongdoing and hardships within the organization that causes major setbacks.
The strategy basically serves as an action plan which can define how the long-term goals will be achieved. A strategy simply guides or suggests how the set goals will be accomplished. It is a roadmap that will take the organization to its goals. It is developed after carefully considering the environmental conditions, goals, current resources, etc.
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