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Strategic planning is an organization 's process of defining its strategy or direction, and making decisions on allocating its resources to attain strategic goals. Furthermore, it may also extend to control mechanisms for guiding the implementation of the strategy. Strategic planning became prominent in corporations during the 1960s and remains ...
Strategic Grid Model • Strategy map • VRIO. v. t. e. Strategic thinking is a mental or thinking process applied by an individual in the context of achieving a goal or set of goals. As a cognitive activity, it produces thought. When applied in an organizational strategic management process, strategic thinking involves the generation and ...
In organizational theory, dynamic capability is the capability of an organization to purposefully adapt an organization's resource base. The concept was defined by David Teece, Gary Pisano and Amy Shuen, in their 1997 paper Dynamic Capabilities and Strategic Management, as the firm’s ability to engage in adapting, integrating, and reconfiguring internal and external organizational skills ...
The McKinsey 7S Framework is a management model developed by business consultants Robert H. Waterman, Jr. and Tom Peters (who also developed the MBWA-- "Management By Walking Around" motif, and authored In Search of Excellence) in the 1980s. This was a strategic vision for groups, to include businesses, business units, and teams.
Project management is the process of supervising the work of a team to achieve all project goals within the given constraints. [ 1 ] This information is usually described in project documentation, created at the beginning of the development process. The primary constraints are scope, time and budget. [ 2 ]
As such, this area has been found to be associated with verbal and design fluency, ability to maintain and shift set, planning, response inhibition, working memory, organisational skills, reasoning, problem-solving, and abstract thinking. [6] [13] Side view of the brain, illustrating dorsolateral prefrontal and orbitofrontal cortex
This budgetary plan will help keep the teacher/student ratio in check if the enrollment increases. My priorities would be to work hard at keeping the budget focused on teaching the students and ...
Psychology. Leadership, both as a research area and as a practical skill, encompasses the ability of an individual, group, or organization to "lead", influence, or guide other individuals, teams, or entire organizations. "Leadership" is a contested term. [1]
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