The Mission of Corporate Strategic Behavior

All posts tagged The Mission of Corporate Strategic Behavior

Executive Strategic Management

Published February 9, 2015 by Mayrbear's Lair

executives

The primary function of strategic management is to help companies outperform their competitors over a prolonged period of time. Executive strategic management in the integrated management field combines analysis, formulation, and implementation for the intent of gaining a competitive advantage. In other words, strategy is a planned and realized set of actions company executives takes to achieve organizational goals. These strategies are formulated and implemented in order to achieve superior performance relative to other competitors in their industry. For example, in the online search and advertising business, it is pretty obvious that Google has a competitive advantage over competitors Bing and Yahoo. Firms that have the competitive disadvantage are those that have underperformed their rivals. They risk failure if they lack the capability to devise strategies to reverse that downward trend.

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Typically, business strategies will consist of goal directed actions that a company intends to implement in its vision to gain and sustain the competitive advantage. The most successful leaders, in the meantime, are those that understand this simple concept: the company that possesses the competitive advantage does so because they are the ones that provide superior value to customers at a competitive price, a more acceptable value, or offer a lower price.

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The bottom line is that leaders of these carefully crafted strategies are looking for outcomes that include profitability and market share as a consequence of their superior value creation. In my e-book, The Mission of Strategic Behavior (soon to be released in audio book format), my research work discloses the many functions that strategic management plays as a significant component in determining a company’s future (Berry, 2014). In conclusion, the most successful executives are those that help lead their organizations to achieve optimum performance levels because they are the company’s key decision-makers that use strategic management to guide the development of effective plans that are incorporated into successful operational systems.

That’s a wrap for this post! Until next time … Keep your systems strategically organized!

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The best executives are the ones who have sense enough to pick good people to do what needs to be done, and the self-restraint to keep from meddling with them while they do it. 

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Steady as She Goes …

Published January 23, 2015 by Mayrbear's Lair

PAC logo gold ribbon

As the Interim Managing Director of CSN’s Performing Arts Center (PAC), creating and/or maintaining cohesive units with staff members is the key to achieving organizational goals. In other words, if a conflict or eventually a battle develops, as a leader, I must devise and implement effective strategic planning to work out short-term and eventually long-term solutions. In my book, The Mission of Corporate Strategic Behavior, my research work revealed that leaders who have self efficacy issues, can respond to conflict through layers of defense mechanisms which in turn, can trigger heightened levels of emotions. Strategies created from this mindset, I have found from my own experiences, yield results with the least effective outcomes (Berry, 2014). Therefore, establishing trust and harmonious working conditions with fellow staff members, is a key component to achieving organizational goals.

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In his book, Knowledge for Action, Chris Argyris (1993) purports that mistakes can happen because of a mismatch between both the transmission and receipt of information. In addition, errors occur when a discrepancy exists between intentions and results (Argyris, 1993). Therefore, to achieve positive outcomes in this new position, I am looking to work diligently with other team members in order to create and nurture a culture that supports and values all staff members equally.

One of the first things I focused on was making sure that each staff member had the support and the tools required to maintain efficiency in their own areas of expertise. For example, rather than coming in with the mindset of a leader looking to set up a new regime with an intent to modernize or change old systems, I refrained from implementing these kinds of strategies until I can assess how current operational functions are being achieved with the procedures and policies that exist at the present time. In other words, rather than coming in and creating an upheaval by making changes, at this time, keeping the status quo to maintain efficiency, is a key priority.

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As the new kid on the block, I don’t want to step on any toes especially working with seasoned vets that have been in their current position for many years. The last thing I want at this time is to alienate the crew that is there to support me in this new endeavor or make their duties more difficult, add more stress, or add to their already busy schedules. Until an individual is placed permanently in the PAC Director position, I and the other staff members, are working diligently to maintain functioning operations. We are doing our best to raise awareness of the PAC and shine a light on the amazing people that run this facility and perform at this extraordinary Performing Arts Center which many say is one of “Las Vegas’ best kept secrets!”

So as the temporary leader of the PAC, together with the amazing crew known as the CSN PAC RATS (Performing Arts Center Really Amazing Technical Staff) we are united and committed to work in partnership to keep this organization running smoothly. Therefore, with a positive attitude, the staff members and I stand at the ready as we adjust our sails to maintain a steady course and continue on a trajectory for the “second star to the right … straight on ’til morning!

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Yo Ho, Yo Ho, it’s a PAC RATS life for us!

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That’s it for this week me mateys, yo ho, yo ho! Until next time … keep a positive attitude and stay organized!

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I suppose leadership at one time meant muscles; but today it means getting along with people. – Mahatma Gandhi

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For more information on Media Magic’s digital publications, or to purchase any of our Business Life titles, please visit amazon.com’s new feature called “Author Central” to view:

Mayr’s Author Page

References:

Argyris, C. (1993). Knowledge for action. San Francisco: Jossey-Bass.

Berry, M. A. (2014). The mission of corporate strategic behavior. USA: Kindle Direct Publishing.

Coulter, M. (2010). Strategic management in action (5th ed.). Upper Saddle River, NJ: Pearson Education, Inc.

Media Magic Digital Publishing

Published October 16, 2014 by Mayrbear's Lair

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If you are interested in getting more tips and information on building leadership skills or want to inquire further about our digital publications or purchase any of our accelerated learning Business Life titles, please visit:

Media Magic Publishing.

Tomorrow’s post will take a closer look at transmitting persuasive communication with successful outcomes. Until then … stay organized!

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To effectively communicate, we must realize that we are all different in the way we perceive the world and use this understanding as a guide to our communication with others.  – Tony Robbins

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Octoberfirst has Arrived!

Published October 1, 2014 by Mayrbear's Lair

 

Happy Octoberfirst

Welcome everyone to the Octoberfirst celebration with Media Magic Digital Publishing! Today only, the following titles are available as complimentary gifts on amazon.com!

Breaching Cover Art MA Berry rev

In this eBook (also available in audiobook format), Mayr’s research work helps the reader understand the value of effective communication. It will take a closer look at why it is an important tool for leaders in organizational management and how it can also help in our personal lives. Mayr also includes examples from her own experiences to help illustrate some of these concepts. Knowing how to engage in active listening and communicate effectively, without criticizing or offending others, are significant components for anyone interested in developing more successful communication skills.

Value of Strategic Management Aug 2014

This title (available in eBook or audiobook format) provides insights to effective leadership skills and examine strategies that top performers implement to manage an organization more efficiently. It also provides a powerful motivational key; one that will unlock a treasure of innovative ideas by examining how top performers achieve their desired outcomes more efficiently. Mayr examines such components like (a) the strategic management process, (b) the systems implemented to monitor performance measures, (c) the importance of establishing the firm’s target audience strategies, and (d) how a company’s vision statement can not only help the shape the future of an organization it can also serve as a motivational tool to help staff members achieve their desired outcomes. Whether you are a business owner or a householder this publication has valuable information for everyone.

The Mission Cover Art

This eBook will help the reader learn the purpose and importance of developing effective strategic management plans. Mayr explains how strategic planning in organizational management can help determine a company’s future, help strategists detect possible threats and weaknesses, as well as help identify strengths and opportunities. By including a case study of the music industry based on her perceptions and experience as an alumnus of Capitol-EMI Records, this eBook will also help the reader understand more clearly that by including such tactics as the observation and evaluation of organizational behavior and outcomes, strategic management planning can help companies maintain a competitive edge as a leader in the marketplace and still remain profitable.

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This eBook will help the reader comprehend the significance of conducting an external analysis to assist in the development of efficient strategic plans for organizational management. In addition, it explains how conducting an external analysis can help strategists detect possible threats and obstacles, as well as help them to identify opportunities they may wish to explore. By including a case study of the Best Buy Corporation, this title will also help readers understand how an external analysis aided managers at the firm to navigate through obstacles they faced like globalization, inflation, technological advances, supply and demand issues, political-legal ramifications and social-cultural changes. Plus, these strategies were instrumental for increasing awareness on how their organization relates to the rest of society which in turn, also helped them become more socially responsive.

For more information on Media Magic, our digital publications, or to purchase any of our accelerated learning Business Life titles, please visit our website at:

Media Magic Publishing.

Business Management Resources

Published September 2, 2014 by Mayrbear's Lair

Are you looking for resources to enhance your leadership skills? Media Magic Publishing has five business management ebooks that may be helpful:

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Stay tuned friends … Mayr returns tomorrow with all new post on organizational management. Until then … stay organized!