Strategic Management and Business Essay

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Total Length: 390 words ( 1 double-spaced pages)

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Strategic Management

A problem that exists in many companies is lack of standardization, lack of documenting of procedure and lack of enforcement when it comes to people deviating from the normal procedure in an unnecessary or even reckless fashion. Too often, people do things the way they wish or the way "they've always known" rather than follow the procedure that is supposedly on record and supposed to be followed at all times. Often concurrent to that are situations where an established knowledge base that is in print and backed up is just not there. This can be dangerous to business and strategic continuity if a subject matter expert with the firm dies, quits or is fired.

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While dedicating the money, time and manpower to change the status quo can be costly, to not have things documented, in order and easy to point to when there are deviations is less than wise.

The Plan

Objectives

So as to maintain anonymity, the firm that shall be used in this strategic management implementation plan shall be called Acme Corporation. As alluded to in the introduction, there is a confluence of procedures not being documented and the supposed procedures….....

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"Strategic Management And Business" (2017, February 28) Retrieved May 21, 2025, from
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"Strategic Management And Business", 28 February 2017, Accessed.21 May. 2025,
https://www.aceyourpaper.com/essays/strategic-management-business-2164143
   

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