Last updated: February 22, 2019
Topic: BusinessMarketing
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Lesson Learned From a Strategic Situation:

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Introduction:

 

Strategic planning is different from short term planning, correspondingly strategic situation means those situations which assemblage of working division has experience for the duration of their long term pre planned work, in this editorial the probable effects of this planning on the working class and also the message which they have learned from it is portrayed in detail. It is observed that strategic planning are adopted by all those companies who desire the success, strategic planning also teaches the lesson now if we have a look on farmland foods and their strategic situations it clearly shows that farmland foods started their business in the year Farmland industries commenced themselves in the year 1929 below the name of union oil company, in the beginning the task was difficult for them but it was the year 1959 when they start conduct experiment with pork manufacture and start promotion of their products, the time period between the year 1929 and 1959 was spent in intensifying their business. Farmland food industry was instigating in the year 1970 under the direction of farmland industries. Farmland food is found over all of the famous cities and now it is consider as one of the most best food production in the world, their this victory is taken as the result of their efforts which they have spent in strategic planning and it is believed that strategic situation has taught them the lesson of success.

 

 

 

 

 

Lesson Learned From a Strategic Situation:

Strategic planning, it is illustrate as a long term accomplishment which is pre planned  and premeditated to get craving triumph, strategic planning is different from short term planning, correspondingly strategic situation means those situations which assemblage of working division has experience for the duration of their long term pre planned work, in this editorial the probable effects of this planning on the working class and also the message which they have learned from it is portrayed in detail. In is the firm believe that the method of strategic management and pronouncement creation instigate with an evaluation of the surroundings within which it has to be done. Strategy can be judge against a plan, except its long term in nature, in addition to delimit by more uncertainties. The strategic unconventional of organizations as well as nations may be inadequate by limitation obligatory by the situations, e.g., the state of near-famine in North Korea. Both North and South Korea desire combination of the peninsula but the two perceptions, how this would come about, and which opinionated system would become prevailing does not allow their plan to get success, as a consequence, ecological factors are manipulating capabilities for strategic choices. In some companies score card is used as a strategic management let us have a look how did they make use of this score card in management of their organizations, it is observed that when the scorecard is scattered up and down the managerial graph, strategy becomes a contrivance accessible to all and sundry. As the sophisticated scorecard tumble downward to entity business units, overarching strategic objectives in addition to procedures are decipher into objectives and measures suitable to each scrupulous group. Trying these objective to individual presentation and reimbursement systems yield “individual scorecards consequently, individual human resources comprehend how their own efficiency chains the on the whole strategy. The role of scorecard play vital role in management of a business it helps a lot in successful business planning as well, and sometimes strategic situations gives the lesson of success and times fails but is believed that those who worked on the basis of long term planning always achieved the success as they deserved to get, it is observed world wide that nearly all companies have detach measures as well as at times component for strategic planning and financial planning, some peoples are little conjecture then, that representative long-standing development is, these were the words of one executive, where “the rubber meets the sky.” The regulation of generating an unprejudiced scorecard pressurize companies to amalgamate the two purposes, in so doing they guarantee that financial budgets will do definitely maintain strategic goals. When they are agreed with the performance measures the four scorecards are standpoint, companies categorize the most powerful drivers of the most wanted conclusion in addition to then set high point for estimate the progress they make with these drivers. The lesson which they have learned by the mechanism for strategic planning and situations is the evenhanded scorecard  they believe that it lend a hand on an organization promote a category of knowledge often gone astray in few companies. It is the believe of  an organization that they have produces there scorecard by the effort of teamwork and by doing long term planning work and these efforts have enable strategic modification to be made frequently. This scorecard is also helpful in a way that at any point in the accomplishment, managers can know whether the strategy is working or not and if their strategy is not working this scorecard can help them in finding the reason.

 

Farm land food is one of the very illustrious food productions of America and it has set many instance of strategic situation as well as the instruction which they have add during strategic situations in this article we will read strategic situation of few companies and their teachings. First of all let us have the impact of strategic situation on the Farmland foods. The farmland food is taken as the principal auxiliary and third largest business subdivision of the farmland manufacturing, Farmland industries have their subdivision in chemicals and also in food industry, Farmland industries commenced themselves in the year 1929 underneath the name of union oil company, in the commencement the task was easier said than done for them but it was the year 1959 when they start conduct experiment with pork manufacture and start promotion of their products, the time period between the year 1929 and 1959 was spent in intensifying their business. Farmland food industry was instigating in the year 1970 under the direction of farmland industries. Farmland food is found over all of the famous cities. Throughout the 1970s the Farmland Foods tag progressively step into the shoes of Farm best and the contributory cross the threshold the position of the nation’s leading meat packers. In 1976 it lengthened its hog-processing capability with a pioneering plant in Crete, Nebraska, capable of high-speed covering of 3,500 hogs daily. The beyond express was strategy planning of farmland company; they establish themselves with a small business which later on keep expanding by their gleaming thoughts and make them achieving these success. If we go in depth then it could be said about farmland industries that strategic situation has taught them a lesson of success, it was their extended term scheduling which helps them in receiving the preferred success for that reason they accept as true that strategic situation enhance one’s buoyancy for facing all of kind of tribulations, give them enough point in time to deal with the problems furthermore encourage them to accomplish their yearning accomplishment. (James Press, 1993, Vol.7) (Robert S. Kaplan, David P. Norton, 2005).

Strategic situations teaches tutorials in every field whether it is big business, military forces, games or different political problems, in order to clear the concept of strategic situations and their lessons we must go through details of different theories, it is whispered now that to succeed in today’s complex and often adverse business environment, a proper strategic directions are needed by the employer as well as management department, Strategic business planning is a basic instrument to assist organizations focus strategic alternatives within the financial allowance of their surroundings. An effectual strategic business planning schedule is based on the following four basic tools, an assessment, identifying business objectives, developing strategy, demeanor an analysis, and the last step is the placement of the plan. Strategic business planning is not similar to business planning as this gives the best result as desired by the organization. The authority of an efficient premeditated plan is actually screening itself in many associations. At one companionship after an additional come near is another time a most significant focal point in the expedition for advanced revenues and proceeds. With help from an established strategic planning process, companies are practicing work of fiction ways to come up with new products, make bigger obtainable businesses, and generate the markets of tomorrow. This companionship are relocating greater than before sales, decreased member of staff revenue, enhanced member of staff right, in addition to testimony proceeds and enlargement. Indistinguishable precedence, a inventory of proposal with indistinguishable strategic reimbursement, as well as utilize of principal that’s what can come about when multi year strategic planning vision, objectives, strategies is a disconnect progression from twelve-monthly business planning as well as business programs. Strategic business planning arrange in a line strategic priority with financial realities. The explanation steps in incorporated strategic business planning take account of demean ring an evaluation, categorizing business targets, mounting strategy, carry out a collision analysis, and mounting an accomplishment plan. This procedure could face a one to three year phase and can be applied at the business unit stage for yet more alert planning. While on other hand it is believed that their few reservations with reference to the nearby and upcoming ending of strategic situation, Strategic control is convoluted not only by the pace of revolutionize in the comprehensive surroundings, but by ambiguity concerning what the belongings of smooth identified revolutionize are expected to be. This vagueness commencing both the difficulties of organization and subsystems at the strategic level and from curtailed information about the contemporary circumstances. Another reason for occurrence of uncertainty is the bloodthirsty character of influential on the world period who comprehends that noteworthy aggressive development repeatedly is expands from first to last revelation. For that reason, tactical performers seek to obscure their tactical instructions, for the most part their funds for accomplish their instructions, on or after their participants. The dishonesty preparation fundamental to accomplish revelation for maneuver overload the associated incursion of northern France in 1944 is an tremendous instance. From beginning to end a multifaceted set of conduit, in sequence was nourished to the High German domination which further escort to the overwhelmingly mistaken approximation of the circumstances and Allied objective therefore it is believed that, strategic management in addition to pronouncement manufacture every now and then have to resolution improbability by trenchant an enemy’s carefully laid monitor premeditated to bamboozle. (Andrew K. Bachrodt, J. Patrick smith, 2004)

Let us now have looked on the recent impacts of strategic situation in farmland foods, recently in November 2007, another achievement which farmland food has made by their long term planning is the use of the most recent optimization and econometric representation, indication command Price and rejoinder facilitates development manufacturer to transport precise consequences to sense of balance provided, demand and the cost. This offer is also applicable for increasing visibility into the collision of every pricing pronouncement. As a protected Software-as-a-Service gives the solution. The acquiescence can be synchronization for both congregation and disassembly industrialized atmosphere that is the material provided for the bill vs. invalidate bill of equipment. So it is observed that strategic situations all over the world teaches the lesson of success and proper management they guides the person to adopt proper solution for the given problem. (Farmland food selects single demand, 11 November, 2007)

The statement defines that reliability is the key issue in logistic management and weapons systems. Strategic management defines the company’s objectives, goals, in order to develop plans and procedures to achieve the defined aims. It involves managing and allocating resources to implement these plans is called the Strategic Management. It may also be called the combination of formulating and implementing business strategies.

 

Strategic Management is the highest level of strategy because it affects and gives direction to the activities of entire organization.  It is followed by functional strategies like strategies for marketing, product development, finance and resource management.

 

At the time of evolving a strategy, three questions arise: where does the company stand now, where does it want to go and how it will be able to reach its destination (goals).  Plans and objectives are set keeping in mind these three questions.

 

The first and the most important task of logistic management is to develop the logics, which is followed by defining the objectives, evolving a strategy, implementing it and evaluating and correcting it for better results in future. Strategic Management is a dynamic process and strategies need to be reviewed all the time to keep abreast with the changing business environment.

 

Strategies may be developed from top to bottom or vice versa.  In the top to bottom method, the chief executive or the owner of the firm decides the overall direction of the company.  In the other approach, the employees of the firm give their proposals and ideas to the managers who review these ideas and select best out of them to be forwarded to the higher hierarchy in the organization.  But for a better strategy, it is important that all the employees of the firm should be involved to create a vision and direction.  It will result in more and more ideas to review and take the best available ones.  It will also help in better and successful implementation of strategies.

 

Good understanding of the customer needs through an adequate market research leads to successful strategic plans.  At the same time, acquiring new and latest management skills and competent staff and equipment are also essential for strategic plans to succeed.  The organizational structure should also be flexible enough to devise new strategies.

 

If the new strategy is not clearly explained to employees and incentives are not given to them to implement the new strategy, it will not gain the desired results.  A proper follow through and tracking of the progress made also counts towards the success of a strategy.

 

A business entity, to be successful, needs to provide an atmosphere where employees can continuously learn new trends and patterns to be more productive for the organization.  Collective efforts are the essence of a successful business.

 

Logistic support problems are culturally based. They focus on the culture and the environment of an organization. For managing cultural differences, companies need to do extensive research and study the market for which they are willing to sell their products. For example, a knitted garments company should consider the sizes of the people residing in that area. Even height, weight and color of Asians differ remarkably from Americans.

 

Every nation and country has their own customs which has to be followed while you’re in their country. It is important to get familiarize with the local custom, people and their culture (Wade, 2004). Businesses have to be culture oriented for success in any particular country. They must be aware of their regular customs, life-styles, does and don’ts with regards to their customers. Every business should be customer focus. Entrepreneurs are selling to customers, so it is a basic fact that products should be made according to customer’s need.  Hence, for developing business relations with any country an entrepreneurs must study, research and travel to that area to know more about people, their customs, their likes and dislikes. The more the entrepreneur will be familiar with the culture and the people, it is more likely that their business will blossom in that country.

 

The two major types of testing:

·                   Developmental Test and Evaluation

·                   Operational Test and Evaluation

·                   Live Fire Test and Evaluation is a third type used in certain cases

 

 

An information system comprises of three main components. I) The application system -A computer technology and networking, which is a problem solving tool that manipulates data into information, II) human – a computer specialist, a programmer or system analysts, who uses that application to perform the job and III) the data or task itself that has to be performed.

To implement information system in an organization it requires a separate information systems department. Information systems department handles all information technology related issues, processing of the data, and networking in the organization. Information systems department is operated by specialists of computer technology also called information system specialists. These are project leaders, programmers, managers, system analysts, hardware engineers, software engineers, core technologists, and consultants. It also includes computer services companies that offer hardware and software services to the organization. An important element of information system is the computer technology and its core competencies; it involves all software and hardware application.

 

Today, information system has become very important in any organization not only because of its usefulness and efficiency but because of its reliability, its ability to manipulate work accurately, ability to expand businesses and services and the competitiveness and edge over others.

 

Information system is very important to bring change in an organization. The change in the organization is brought to enhance performance and quality of products. It is a very powerful tool to in implementing information technology and development of an organization.

 

The information systems department implementation and size vary in an organizations depending upon the organization itself. The IT services companies are totally based on the information system.

 

Programmers write software instructions, while hardware technicians provide hardware support and repair. Other important specialists include systems analysts who coordinate organization business with the information systems department. Their main job is to translate business needs of an organization to the information system department.

 

Change has to be implemented with a wise plan. Without planning and forecasting the results the change may not be beneficial. Some companies readily change and succeed, while other does not. There is some human resistance in adopting change. People usually strive towards the easiness and calmness in a typical way of life. However, change should be implemented in a way to have successful outcomes. Force Field Analysis is specifically used to evaluate strategies required to bring change. Force field analysis integrate data target and the subsequent strategies needed to bring change. It analyzes the forces, the positive forces need for successful change in the organization and negative forces that hinder success.

 

“Responsiveness to change is as important to organizations as is to people. There are two kinds of organizations in today’s world: those that are changing and those that are going out of business. The business and government graveyard is filled with the corpses of organizations that failed to respond to inevitable changes. Similarly, there are also two kinds of people: those who are changing and those who are setting themselves up to be victims of change. As the world continues to march on around us, if I am only maintaining the status quo — if I’m not growing — then I’m falling behind…” (Clemmer)

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The force field data is collected via three tools (Force Field Analysis)

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§     Force Field Surveys (Surveys are used to know the perceptions of employee, managers, administrators, and consumers etc.)

§     Force Field Data

§     Force Field Inquiry Questions

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The leadership can only be successful if leaders can give individual attention to his employees making them his tools for success of the company. Their firm beliefs must be embedded in the fact that the workforce of an organization is track to the victory. Output from an organization is dependent upon the work input from the employee. If employees are honest, loyal and work hard to have best results then it will make the company succeed. The organization’s policy is to open the doors of employment for any race, ethnicity or culture or gender without any discrimination. In company’s environment there is no discrimination among blacks and white or other diverse groups. In addition, top management leaders stress that workplace and management positions can gain more benefits from the talents of diverse groups of people belonging to different gender and race.

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Every nation and country has their own customs which has to be followed while you’re in their country. It is important to get familiarize with the local custom, people and their culture (Wade, 2004). Businesses have to be culture oriented for success in any particular country. They must be aware of their regular customs, life-styles, does and don’ts with regards to their customers. Every business should be customer focus. Entrepreneurs are selling to customers, so it is a basic fact that products should be made according to customer’s need.  Hence, for developing business relations with any country an entrepreneurs must study, research and travel to that area to know more about people, their customs, their likes and dislikes. The more the entrepreneur will be familiar with the culture and the people, it is more likely that their business will blossom in that country.

To globalize any business, first thing to consider is to study the cultural aspects and the customer needs of the country in which the entrepreneur is willing to market his product. Many entrepreneurs turn their face to the global market to increase their sales and expand their business to international market.

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Every country and area is affected by its people, their life style, culture, ethnicity and societal values. Hence, trend in market is different for every country and place. To expand one’s business in the global market it is mandatory to study and research the market trends for that country. Failure to do so is the main cause of failure of businesses in international markets.

As to my knowledge, a successful leader is always productive, he must think and behave as a leader for positive impact on employee, staff and organization. A leader is always aware of his strengths and weaknesses and keeps striving for his leadership role. The most important point is that before bringing any change in the organization and putting a positive impact on it, a leader must himself show by his deeds those positive attitudes and traits that he would like to implement in his organization.

An entrepreneur is always honest and trustworthy. He always deals honestly with others and develops trust with his employees and staff. He credits everyone. He admits their mistakes and tries to change and improve it rather than just blaming them for their errors. Honoring others is a very crucial point in his team leadership role. “Respect others if you want to be get respected,” is a key point in his team role. He is always the one who harmonizes his actions with his words.

A business man is always determined, persuasive and work for their best. It is well understood by them that there is always a room for improvement. Excellence is what they want to achieve and whatever they do. They have a strong desire to do their best and perform outstandingly. The workforce they create is organized, unified, disciplined, cooperative and very productive. They keep setting new standards and carve new ways to improve and bring change.

Effective leader always make others feel honored and valued. He does not use his power to devalue others, never make them feel bad for their mistakes, and never makes criticism. He brings changes only with optimistic thinking, positive attitude and words. He is always committed to help others.

An employer is always an example for his employee and p lays a role model for them. He tells others to do what he himself shows by his deeds. He is always a positive role model for others.

Serving others gains respect. Helping out others gain their respect and admiration. Otherwise, employee will feel frustrated. Employees can’t be isolated and they should be helped and encouraged. Employees make the workforce of an organization; failing to motivate them and help them could result in failure of an organization on the whole. They are interconnected and help each other outside their specific roles rather than denying to assists if the task does not comply with their job description.

Incorporating computer and communication skills in business dealings will benefit Virtual team workers and enable to succeed in marketing and competing E-business’s rivals.  There should be large number of resources like Internet research, software productivity, oral and written communication, nonverbal communication, workshops, mentoring opportunities, supervision all other creative resources should be at hand of Virtual team workers to make most of it.

Conclusion:

After interpretation this enlightening article it is concluded that strategic planning is extensively used in the world now, all and sundry who wishes the accomplishment first commence with strategic planning , strategic planning is think about as the eventual solution for the tribulations because it first makes the hallucination of all possible problems and then this planning itself gives the solution of the problems for that reason the ought to have success is achieved by the company, farmland food is the industry which initiates there small business under the name of union oil company in the year 1929, they adopt the method of long term planning which further on promote them to select signal demand price software therefore it is believed that they are continuously achieving success, and thus the strategic situations has taught them a lesson of victory.

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References:

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James press, 1993, International directory of companies history vol.7 retrieved from, http://www.fundinguniverse.com/company-histories/Farmland-Foods-Inc-Company-History.html.

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Robert S. Kaplan, David. P. Norton (1991), using a balance score card as strategic management retrieved from, http://www.bnet.com/2439-13241_23-167685.html.

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Andrew K Bachrodt, J Patrick Smyth (2004), Strategic business planning linking with financial reality, retrieved from http://findarticles.com/p/articles/mi_m3257/is_11_58/ai_n6359509.

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Farmland foods select a signal demand price software (2007), retrieved from, http://www.stockhouse.ca/news/news.asp?tick=SFD;newsid=6230287.

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