Strategic ManagementStrategic ManagementTo define the identity of Able Corporation is defining the products and services that they offer and the industry that it operates in that’s based upon their company culture. Establishing the mission and vision statement helps the company to focus on serving their customers and business partners (David, 2007).
Their mission statement should be: To be identified as the best in the industry of manufacturing, to excel in innovation and quality for our customers, shareholders and suppliers.
This information and additional information can easily be found in the company’s handbook, website, annual reports, vision statement and etc.The information that helps with identifying Able Corporation is: knowing the type of company it is (i.e. manufacturing company) and their products.To accomplish the strategic objective, you must first communicate the strategy by mobilizing the managers and employees to set the strategy in motion (David, 2007). Conducting an in-depth analysis of the company will identify it strengths, weaknesses, threats and opportunities. Next, a strategy formulation will help with expanding their operations in the US and in international markets and to avoid hostile takeovers. The next step is strategy implementation which will help with motivation of the workforce, annual objectives and allocating resources for the strategy formulation. The last step is strategy implementation: the managers must motivate the employees
The Role of the Directors in Management of Able Corporation.
The role of the directors in management of Able Corporation is that directors are in charge of the corporate development department, a staff of 30, providing advice, guidance and decision-making to the management team to help the management and managements with project goals, operational plans and procedures. It is their responsibility to ensure that their contributions to corporate development have adequate support during development, to ensure that there was a proper opportunity for the company to move forward as planned, the company needs their help at the beginning, and to ensure that there are opportunities to develop this capability as a result of a successful development. It is the responsibility of the directors to assist in the process of developing the new corporate development business plan to ensure that the company meets all that is needed for the long term success of the company.
How the Directors Are Responsible for and Responsible for the Advancement of the Corporate Development Business Plan.
The directors of Able Corporation, in consultation with the management of company, were responsible to ensure that the development of the corporate development plans took a successful and timely manner. As part of their duties, the directors will have access to all information and to the written work that should be made available to them (Scott, 2012:30). Further details on the directors’ roles and responsibilities can be found in their company guidance.
The Directors
Able Corporation Director.
Chair of the Corporate Development Staff
John L. Allen, President & General Manager
David Janssen, Director of Planning and Operations
Richard Williams, Director of Corporate Development Staff
Brian L. Allen, Chief Digital Officer
Dawn R. Williams, Director of Sales and Marketing
Robert P. McLean, Manager, Development
John Wood, Chief Executive Officer
Stephen A. Pemberton, CEO & Chief Communications Officer
Michael Smith, Corporate General Manager
John M. Smith, Business Partners/Executive Vice President
David J. Shiller, Managing Director and Principal Executive Officer
Charles C. Young, Chief Finance Officer
David S. Young, President
Richard T. Young, Vice President
L. Lien
The Directors
Able Corporation Directors
As part of the management of company responsibilities, the directors are responsible for the planning and execution of the development of the corporate development plans. They also take an active role in the development of the corporate management’s executive committees and in the planning of corporate acquisitions. They do so on behalf of the corporate development team, and they also act as their chief and principal executives. The executives of Able Corporation operate as executives, except to the extent that they do not have the power that the directors possess to initiate decisions, for example the board’s decision-making process, according to which the actions should be made based on the information provided in their company’s corporate planning and implementation plan. They are not expected to be included in the management’s executive committee nor will they be appointed to the executive committee if the director is elected from their party. Under the leadership of these directors, the team is not divided into a separate group by political faction (Scott, 2012:50). In addition to serving as the directors of Corporate Development Staff, the directors take the lead in ensuring that the development of the corporate development plans is carried out in accordance with Corporate Commission rules and regulations.
The senior members of the board take the lead in guiding and guiding the development team (see “The Board.”). The director of Corporate Development Staff is responsible for guiding the development of the development of the development plans. The directors are responsible for the review of corporate policies and regulations that are expected to have an impact on the future evolution of the corporate development plans. The directors also have access to information and to written advice as