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Strategy Formation & Implement_Week 2 Discussion

Strategy Formation & Implement_Week 2 Discussion

Q Review most current issues of business/management publications (e.g. Wall Street Journal, Financial Times, BusinessWeek, Forbes, etc.) and find an article or news report related to this week’s topics (see Class Notes) and • Briefly summarize the article • Offer your opinions and comments • Discuss relevance to this week’s topics • Include complete source (provide full web link)

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A company not having a vision is worse or not inspiring. A set of financial goals that are not achievable may generate a great product. However, success won’t survive for long. The purpose is given to the employees by a vision. The reason for a company for being is laid out by a simple statement. People get distracted, lost and emphasize on things which in the long run doesn’t matter or disengage in a complete manner in absence of purpose. A company can be tanked in an easy manner by having a big disengaged employee’s ratio. The employees’ every day with the customers are on the front line. Management and leadership function for them.