Policy&strategy Policy and Strategy the Term Paper

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All these will then help the organization better address and satisfy the needs of its customers, all to culminate with an increased market share and a superior position comparative to the competition. Then, in terms of resources, the strategies implemented have to consider the motivation, remuneration and retention of the human resource. This strategic approach will reduce the employee turnover and will generate increased levels of employee performances, all to aid the organization. Finally, in regard to patching, the company has to find quick ways to resolve the problem. This basically means that the employer will have to come up with a short-term strategy that will minimize the damage and will complete it with a long-term strategy that will resolve the problem.

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All three features are extremely important in establishing a strategic approach, but I consider the most important to come from the human resource department. As such, in resolving their issues, companies should start off by ensuring that their staff members are satisfied and do all in their powers to sustain the company.

Etemad, H., Wright, R., July 2003, Globalization and Entrepreneurship: Policy and Strategy Perspectives, Edward Elgar Publishing Incorporated

Deakin, M., August 2004, Property Management: Corporate Strategies, Financial Instruments and the Urban Environment, Ashgate Publishing Ltd......

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