Firm: Daniel Memorial, Inc.
Description: Daniel is a nonprofit organization serving at-risk youth from the community through a wide variety of programs. Some of the services offered include: therapeutic foster homes, independent living skills and housing for homeless youth, juvenile dependency intervention, residential treatment, and community based treatment through the dependency court system which is contracted through the Department of Children and Families. The agency also provides counseling, medication management, and behaviorist services to the children it serves.
1. Create or describe a strategy for your firm, as operationalized by Collis and Rukstad. Be sure to be comprehensive and specific when separately describing your
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The advantage is the most vital piece of the agencies strategy. It consists of two parts, a statement of customer value proposition, and a statement of advantage.
The customer value proposition in this case is that the agency is the oldest child-serving nonprofit in the state of Florida, who provides a necessary, high quality service to those clients identified as being in a significant time of need. The agency also makes access to the services available to the clients at no charge to the families through Medicaid billing. The statement of advantage is emphasized by again considering the continuum of care offered and level of wrap-around services that are provided by the agency. This creates an environment of excellent communication in treatment planning, and allows a client to receive all necessary services through one place, minimizing treatment errors or oversights.
Daniel Memorial’s Strategy Statement: To grow revenues and census by 25% by 2015 through offering comprehensive, wrap-around mental health services to at-risk youth who are eligible for Medicaid funding, through a geographically expansive set of campuses designed to provide the highest quality of services compared to its competitors. 2. How would you evaluate the sustainability of
(2001). Are you sure you have a strategy?. The Academy of Management Executive. 15 (4), 53.
Describe strategic planning techniques used to formulate alternative strategies designed to achieve stated business goals. Create a plan to implement a firm’s strategy and manage the change from current operations. Analyze strategies for exerting the internal leadership needed to drive the implementation of strategic initiatives and improve operating excellence.
Organizational metaphors help researchers to shape concepts of behaviors, management, and structure in a simple and easy for the perception image. Organizational theorists broadly utilize this tool to classify different types of companies in the contemporary world and to reflect their evolution throughout the history of organizational development. The metaphors of machine and organism have been used most frequently to facilitate understanding and communication about the complex phenomenon of organization (Smircich, p. 340).
Refer to the following information for a more detailed description of this organizations’ business strategy.
Strategy formulation are decisions made by a company reading investments, commitments and other operation that create and sustain a competitive advantage (Dess, McNamara, & Eisner, 2016, p. 14). Strategy formulation has several levels. The levels are the business-level, the corporate-level, internal strategy and effective entrepreneurial initiatives strategy. The business-level strategy focuses on how to compete in the industry to attain competitive advantage. The corporate-level strategy focuses on what business to compete in and how to achieve synergy (Dess, McNamara, & Eisner, 2016, p. 14). StilSim Personal’s current line of business consists of permanent placement employees. Most placements consist of low level staff
The mission of Madison Children’s Hospital is to be the worldwide leader in improving childrens health by providing the highest quality health cared. The mission can be achieved by accomplishing the following goals:
| establishing policies and procedures that instruct company personnel in the ways and means of executing the strategy.
corporate-level strategy you think is most important to the long-term success of the firm and
1. Identify the firm’s business strategy: A business strategy is the firm's working plan for achieving its
After an industry analysis, we have established that Bloom is involved in the Human Resources field, with specialization in consulting and event planning. Stacey will help business’s evaluate, and conduct surveys to identify what its individual employee’s value when being recognized for their efforts. Her services will included an introductory event to influence the staff of a company to share their desires on recognition.
1. What appeared to be New Century’s strategic objectives? Describe and evaluate the business model the company had adopted to achieve these objectives.
As I seek to enter the workforce/company, one of the first things that I wish to remember is the importance the company has placed on their strategic planning and goals. How decisions made by this team will directly affect the operations, finance, accounting, purchasing and administrative departments. The things that help to make any organization successful, are the value the organization places on their strategic, and operational goals. Therefore, before taking a position with a company I hope to learn as much as I can about the various functions of the company, and how each department works with the next in order to achieve these goals. Thus, I hope to use the knowledge I have gained in this class in operations management to access the company’s operational strategies. This should be reflective in their mission and vision statements as well as their financial reports. I would also look for the value they place on ethics, corporate responsibility and giving back to the community. I feel a company’s success will be directly tied to how effective they are in meeting the daily challenges of processes/production/service, operations, and sales. The value placed on these specific areas will be evident by their success and reflective in both their short and long term goals, in their financial statements.
Who makes strategies at the corporate level, and how is this strategy made? How would an organization with a multi-business model form their strategies? What would they target?
How to achieve sufficiency and attain organisational goals in line with the set direction of its human resource strategies needs to be factored in setting the strategy direction.
• To develop analytical, evaluative and enterprise skills/competences associated with the formulation of organisational strategy.