Thursday, October 3, 2013

THE THIEF





Have all of you heard about the story of ROBIN HOOD??

         Based on my understanding on this story, Robin Hood's story begins as a personal struggle, erupted of the conflict between the Sheriff and Robin and the administration. He stole the rich and give to the poor.Charged of tax rate that too high is one of his revolt factor. Persecution by the authorities oppress the poor.
         As for the poor robin is a hero, while at the same time for the rich robin are criminals. Robin's action to help the poor is justified.  However, do with stealing the others is absolutely wrong.
         Everyone has their own opinion about the character of Robin.  For me, he is a hero!!


LET'S THINKING!
What is the point here??
         In Strategic Management concept, we can see it on how a leader make a decision. from the beginning, he executed the mission and vision, set the objectives to stand for justice. Then, he plan a strategy, on what to do next. He ask the other people that feel and think the same thing like him to be allied together with him. The problem starts when the number of members increased day by day. Till one day, Robin as a leader, need to plan a new strategic plan on how to resolve this problem.



MISSION & VISION

The strategy-making, strategy-executing process,.
  1. Developing a strategic vision, mission and core value
  2. Setting objectives
  3. Crafting a strategy 
  4. Executing the strategy
  5. Monitoring development, evaluating performance and initiating corrective adjustments


TASK 1
Developing a strategic vision, mission and core value
^_^
So, what is mission? and what is vision?



MISSION
describes its purpose and its present business.
"what we do?," "why we are here?", and "who are we?".

While,
VISION
long term planning for future

Value?
Belief, traits, and behavioral norms that company personnel are expected to display in conducting the company's business and pursuing its strategic vision and mission.


TASK2
Setting objectives
A target, a goals to achieve by an organization.


TASK3
Crafting a strategy to achieve the objective and company vision.


Refer on "how?".

A STRATEGIC VISION + OBJECTIVES + STRATEGY
=
A STRATEGIC PLAN




A strategic plan must have a commitment to allocate resources to the plan and specific a time period for achieving goals.
Lays out its future direction and business purpose, performance targets and strategy.



Corporate strategy (multi business level)- on how to improve company performance or gain competitive advantages by managing  a set of business simultaneously.

Business strategy (single business level)- on how to improve company performance or gain competitive advantages in particular line of business.


TASK4
Executing the strategy.

TASK5
Monitoring development, evaluating performance and initiating corrective adjustments.

A company's vision and mission, as well as its objective, strategy, and approach to strategy execution are never final, managing strategy is an ongoing process.