3 Oct 2022

117

The Use of Strategic Tools in Organizational Management

Format: Harvard

Academic level: Master’s

Paper type: Essay (Any Type)

Words: 540

Pages: 2

Downloads: 0

Organizational performance especially the methods corporate top management purpose of using to compete in the business markets depends on the techniques and tools which they employ as their strategies and practices. Jarratt and Stiles (2010) state that the approaches managers or strategic methods they use are categorized into three models including routinized practice, imposed practice and reflective practices. Routinized practice is where operating context is considered predictable, and managers base their strategic perspective on their resource reconfiguration or alignment. Imposed practice model is noted when organizational leaders evaluate the condition as strategy, as stable and incremental. Reflective practice model refers to when corporate leaders consider the environment to be dynamic and sophisticated as well as an approach lived as challenging or experience of the dominant model. Organizational leaders used these strategic practices in situations which are considered to be highly predictable. Use of practice model makes expansion and growth of the company to be noticed, and managers align their resources and their business with the environment. 

However, managers differ in the way they use strategic tools and techniques in managing their organizations and competing in the international markets. The managers differ in the way they use strategic skills because of the difference in which they use vital skills. Managers’ strategic skills enable managers in developing a vision of how to work in the business, and the skills help managers put together a coherent program for the organization, and ensure the organization works in collaboration with government agencies as well as help managers to emphasize on interpreting corporate structure in their activity of strategizing. The difference in the development of strategic skills brings the variation of use of strategic tools in the management of organizations. For example, collaborating with government agencies enhances international expansion and helps the company focus on leveraging core weaknesses and strengths to address the rising world demand. The difference in the use of strategic tools in the management of organizations for different managers is caused by the portfolio formed which create frame brainstorming reference. This frame enables managers to think and capture the environment hence difference in use of strategic tools. The structure is also used for evaluating market competitor, the forecast of market and turnover in an organization and the use of this frame differs among the managers. 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Various factors influence the differences in how managers use strategic tools in the management of organizations. These differences are influenced by the manager’s strategic perspective and their opinion on the operational context of the strategic tools. This is indicated by the protected sophisticated strategies characterized by high entry barriers in the organization and the top and stable competitive, dynamic and competence strategic tools (Jarratt and Stiles 2010). The differences in the use of diplomatic tools are influenced by the manager’s confidence in particular tools and methodologies of organization management which help in generating knowledge for the use of strategic tools for operating and managing organizations. The variations in the application of Porter's model forces to the various areas of production and the different landscapes and chances of the strategic conversations influence the differences in the use of strategic tools in the management of organizations. These differences are also influenced by variation in the use of SWOT vital tool in organization and industry level to widen the knowledge on strategic techniques and tools making some organizations to outcompete others in international markets. 

Bibliography 

Jarratt, D. and Stiles, D., 2010. How are methodologies and tools framing managers' strategizing practice in competitive strategy development? British Journal of Management, 21(1), pp.28-43. 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 15). The Use of Strategic Tools in Organizational Management .
https://studybounty.com/the-use-of-strategic-tools-in-organizational-management-essay

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

How AI Can Help Retailers Solve Business Problems

The global marketplace is currently more integrated than ever before. This situation presents a never-before experienced opportunity for retailers. Multinational organizations whose sole basis is the internet have...

Words: 2700

Pages: 5

Views: 138

The Natural Organizational Model and the Informal Groups

The nature of an organization is based on different factors such as the environment it is set up in. also, the type of activity it undertakes. This paper will examine the natural organizational model, the informal...

Words: 3009

Pages: 10

Views: 240

Why Pinkberry should focus on making orange and yellow the two prevailing colours

The fact that Pinkberry has evolved from a storefront to a nationally recognized brand makes this franchise of frozen dessert yogurt shops an example to be followed. Yes, the personality of a brand created a platform...

Words: 582

Pages: 2

Views: 94

Ford Motors: Board Presentation For Electric and Hybrid cars Production

Executive Summary The motor vehicle industry in America and worldwide is highly competitive with major players no longer enjoying the dominance that they had had before. Innovation and identification of trends...

Words: 1088

Pages: 4

Views: 130

Home Remodel Project Plan

Project Overview Home remodeling is one of the notable key projects undertake through project management, as a project manager is expected to come up with a clear plan that would help in meeting the expected...

Words: 2152

Pages: 8

Views: 69

How Airbnb Achieved Success

Hospitality industry includes firms that provide lodging and dining services for customers. Many of the businesses in the travel and hospitality industry offer customers with prepared meals, accommodation, snacks,...

Words: 906

Pages: 3

Views: 63

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration