Name: Thilina Ekanayake.
CTH Membership no: 31335.
Centre name: Louis Preston.
Unit title: Strategic management.
Table of content
I would like to take this opportunity to thank Mr. Rangana arachchi for giving me the basic steps the principle on how to do my assignments regarding to strategic management. And also I would like to thank Mr.sanjitha (Training manager) of Colombo Hilton and Mr. Anthony Ferdinand’s for helping me to find some valuable information about Colombo Hilton which is going to bind with this assignment strategic management and to my parents for pushing me guiding me and helping me to do my assignments.
1.0. Introduction. In every organization, they have a management structure and model to build up their business goal. Vision, mission statement is the important statement for any organizations. Entrepreneurs and industry managers are often so lost in thought with in need of attention issues that they lose view of their eventual objectives. That is why a business re-evaluates or groundwork of a strategic plan is a fundamental necessity. This may not be formula for success, but not including it, an industry is to a great extent more likely to fail. By applying, any type of strategic decision company can full fill their vision and mission. Either its big or small organizations, they have managed to achieve their aspirations, or the management set up a decision to achieve that aspirations.
* What is strategic planning?
As defined as namac corporate website, (2011) “Strategic planning is a management tool that helps an organization to focuses its energy, to ensure that members of the organization focuses its energy, to ensure that members of the organization are working toward the same goals, to assess and adjust the...