Business Strategy
Introduction: To attain the profit business organization need to attain different kinds of business strategy. But in the non-profit organizations al attain the strategic plan. The strategic plan helps to achieve their objective. The strategic planning is different or same in varying to the organization to organization whether it may profitable or non-profit organization. Every business can undertake the strategic planning because of its importance.
Task one:
According to the dictionary.com Vision is
“an experience in which a personage, thing, or event appears vividly or credibly to the mind, although not actually present, often under the influence of a divine or other agency: a heavenly messenger appearing in a vision.”
About.com defines the Vision statement is the view of the organization in the future as expected by the management. The vision statement is a inspiration matter and act as the framework for all the strategic planning.
In the mission statement of an organization there belongs the answer of what an organization is, what is the reason of existence. The mission statement also defines the ultimate customer of organization, the information about the produced product or services and also inform about the geographic location of the organization (entrepreneur.com).
Business Dictionary describe the Goal as an obvious and assessable an end result including the one or more objectives to be accomplished within definite time frame. From this definition it can understand that the goal is the combination of some mission and target and also make certain timeframe to accomplish. So the goal has some certain targets and also makes bindings the timelines.
In a business the core competencies means the capabilities of the business to achieving competitive advantage. The preliminary fact for examining core competencies is distinguishing that race between businesses is as far a race for capability mastery as it is for market place and market
Task one:
According to the dictionary.com Vision is
“an experience in which a personage, thing, or event appears vividly or credibly to the mind, although not actually present, often under the influence of a divine or other agency: a heavenly messenger appearing in a vision.”
About.com defines the Vision statement is the view of the organization in the future as expected by the management. The vision statement is a inspiration matter and act as the framework for all the strategic planning.
In the mission statement of an organization there belongs the answer of what an organization is, what is the reason of existence. The mission statement also defines the ultimate customer of organization, the information about the produced product or services and also inform about the geographic location of the organization (entrepreneur.com).
Business Dictionary describe the Goal as an obvious and assessable an end result including the one or more objectives to be accomplished within definite time frame. From this definition it can understand that the goal is the combination of some mission and target and also make certain timeframe to accomplish. So the goal has some certain targets and also makes bindings the timelines.
In a business the core competencies means the capabilities of the business to achieving competitive advantage. The preliminary fact for examining core competencies is distinguishing that race between businesses is as far a race for capability mastery as it is for market place and market
References: ENVIRONMENTAL AUDIT: For churches, temples, community halls, and small businesses [Online] Accessed: 09 April 2012 from: www.EnviroChangeMakers.org International Institute for Educational Planning (2010) Strategic Planning: Techniques and methods, International Institute for Educational Planning, 7-9 rue Eugène Delacroix, 75116 Paris Kenneth C. Baile (2000) A Study of Strategic Planning, In Federal Organizations, Falls Church, Virginia Bjornson B. (2008), Strategic Planning Process and Techniques, B.Birnbaum (2009), Strategy Implementation: Six Supporting Factors [Online] Accessed: 09 April 2012 from: http://www.businessdictionary.com/definition/goal.html#ixzz1rc92UBw2 Cross-Cutting Tool Stakeholder Analysis B Resource Guide: Conducting Environmental Audits and Reviews