CASE STUDY: STRATEGY PROCESS AND ORGANISATIONAL
UNIVERSITY OF THE PEOPLE
BUS 5116: Operations Management
Complex decisions must be made during the process of moving a business from being
a sole proprietorship to an organization with shareholders. These decisions will help the
company go in the right direction for years to come. In our case study, we must figure out
how to balance our company's need to make money with its responsibility to the community
and the world.
Case Description.
Founded in 2016, this group has been going strong for the last four years. The
financial services the group offers go from consulting to reporting for businesses that need
them. The business has grown over time and gained a reputation for being good at what it
does. The company has grown in terms of reputation, experience, staffing, and even material
investments like software that makes it easier to work more quickly. Because the company
wants to win long-term contracts from big businesses, the main reason for growth has been to
make it easier for them to do business with them.
Because the group hasn't won any big contracts, this goal hasn't been met. Create
partnerships with other people who can help make the organization better and more
competitive. Also, open the organization to people who want to help. Involved: Shareholders
and investors now own 75% of the company and expect to make 15% on their money. They
now own the company.
The most important thing to do here is to come up with a five-year strategic plan that
meets the needs of the investors while keeping the company environmentally friendly. It
would be very important for the CEO to be very clear about how well the company is doing
and how important it is to keep the company environmentally friendly.
Analysis and Strategy.
When it comes to management, a strategy is the development of an organization's
functional resources so that it can reach its goals and objectives, which is what it is called
(Ritson, 2013). In this case study, there are a lot of steps that go into making a strategy, but
they all work together to make the strategic plan.
In the mission statement, you should include both the organization's main goals and
its mission at the same time (Ritson, 2013). This is the mission of our case study: "We use
our skills to provide value and excellence to our stakeholders."
A goal, or objective, is a specific goal that drives the activities of a group (Tanuja, n.d).
The main goals of this company are:
Improve performance by getting more contracts.
Boost profits to meet the 15% stakeholder requirement.
Respect the environment and make a positive social impact.
Strategy: The main goal for the organization will be to use the money from the new
stakeholders to meet its goals.
It's called "tactic." These are specific actions that are done in line with the strategy (Ritson,
2013). To achieve the goal, the tactics to use are:
Demonstrate how important the company is in the bidding process.
Make sure that services are billable in line with industry standards.
The best way to earn more money from multinational companies is to invest in expert
skills and the best software.
Improve the long-term viability of your business by meeting environmental standards.
People, programs, and rules: These are the things that the organization does to make sure
that its tactics work well (Ritson, 2013):
There will be a main program that will be set up in this area: Establishing a CSR
program with the help of organizations that protect the environment.
Employees will be taught how to make a positive social impact through their work for
the company as a rule.
As for the commercial department, its main goal is to make more money.
Conclusion
Taking care of the environment and being socially responsible will not hurt the
company. As the CEO, you need to make sure that your strategy and facts about the benefits
of CSR are clear to show your stakeholders that your company is a good place to work.
References
Crowther, D. & Aras, G (2008). Corporate Social Responsibility. Retrieved from
Bookboon.com https://my.uopeople.edu/pluginfile.php/1526677/mod_page/content/9/
BUS5116Crowther_Aras%20CorpSocResp.pdf
Ponchaut, L. (2019). The Top 4 Benefits of Corporate Social Responsibility. Retrieved from
https://www.distinct.lu/post/the-top-4-benefits-of-corporate-social-responsibility
Ritson, N. (2013). Strategic Management. Retrieved from
https://my.uopeople.edu/pluginfile.php/1526677/mod_page/content/9/BUS5116Ritson.pdf
Tanuja, A. (n.d). Objectives of an organization: Meaning, Features and Importance. Retrieved
from https://www.businessmanagementideas.com/management/planning-management/
objectives-of-an-organisation-meaning-features-and-importance/4741
