• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

The Thirteen Commandments for Crafting Successful Business Strategies.

Extracts from this document...


The Thirteen Commandments for Crafting Successful Business Strategies I. Matching Strategy to the Situation: 1. Industry Environment: The environment of consulting is in continuous, rapid growth. ASFM has to adjust itself to this demanding environment by always staying updated, certified and qualified. Consultants in general have an image for the clients that they are trying to take advantage of them. If we try to track the origins of this problem, we find that most consultants do not keep up to their promise for their clients of providing the best quality services, or they demand more than the assigned budget. Afterwards, they cash their checks and run off leaving the clients with a bad image. That's the challenge that ASFM has to overcome in order to improve their image in an ever-demanding world. 2. Company positions: ASFM is currently in a leading situation whereby keeping up to the same quality and globalizing is a good decision under these circumstances. 3. Situational Considerations: Just like any other industry, ASFM has to consider external as well as internal factors in order to craft a successful strategy. ...read more.


Vision, mission and goals of ASFM: ASFM's vision is to be leaders and innovators. They want to make a difference for their clients through continuous improvement. ASFM's mission statement is "We take pride in attaining total customer satisfaction by providing our customers with services of the highest quality and reliability." Both the vision and mission are revised more frequently, and communicated through media, customers who act as referrals, and through consultants and trainers. Some of ASFM's goals are the following: * Proving excellent service * Proving quality services * Providing professional training * Recruitment and retention of professional staff * Growing in size * Innovation - avoidance of obsolescence * Fulfilling community needs > Satisfying social responsibility These goals are also revised annually, and almost all of them have been realized by the firm. 2. SWOT analysis: As we have seen before, ASFM conducts a SWOT analysis as an important basis for its assessment and evaluation of strategies. 3. Crafting and formulating Strategy: "Strategy making brings into play the critical managerial issue of how to achieve the targeted results in light of the organization's situation and prospects."2 The hows of a company's strategy are typically blends of: * Deliberate and purposeful actions * The needed reactions to unanticipated developments and competitive pressures * Collective learning of the organization over time. ...read more.


His genuine interest in them gives them a chance to prove that they can be effective and indispensable for the organization. To be utmost fair, he assembles a planning team called: The executive management team which gives virtually all managers the chance to participate in the planning process. This team consists of the vice president, senior consultants, consultants and business development representatives and directors who are in charge of approving the strategic plan. This entitles them to be involved in the strategic planning process. With this humble yet strong nature, people at ASFM feel comfortable in his presence knowing that he's a CEO but at the same time, a human with some imperfections. Leaders should be able to make decisions easily and must have the drive and power to do things the right way. Mr. Almaoui adopts aggressive approaches towards what he wants. His thoughts and actions are always consistent and reliable, giving the whole environment a clear idea of where they stand now and in the future. Finally, a man with an initiative, always seeking perfection in the workplace, in his employees and the services his company has to offer. 1 Course readings, part 1, pg. 106 2 Course readings, part 1, pg. 10 3 Course readings, part 1, pg. 18 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE People in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE People in Business essays

  1. Exercise Initiative in a Business Environment

    5.1 Performance Criteria; Basic Requirements of Occupational Health and Safety Legislation It is estimated that one third of all compensatable injuries within Australia are due to Manual Handling, therefore the team at PFM Removals should look at the situation more seriously.

  2. As a short-term business Consultant, I have been hired by Alton Towers PLC to ...

    There are disadvantages, these are that once ideas have been swapped they might not have been recorded and they may become lost, there is also a chance of information overload. * Interviews An interview could take place with a person from outside of the business so it is external.

  1. Managing Human Resources in Marks & Spencer.

    Do people enjoy working with you, do you create a buzz? How do you influence others even when the cause looks lost? Have you been able to get good results from difficult people? How did you manage it? The selection process relies on application forms, interviews and selection centres.

  2. Critically assess what is involved in the whole issue of Performance Management and motivating ...

    This will be a brief statement like: " We are successful because we provide the very best value food, clothes, and general merchandise and above all ensuring that our customers receive exceptional standards of service. Our success and continued growth is based on the effort, commitment, and personalities of all our colleagues".

  1. Technology and Innovation.

    This issue has been defined by (Banerjee, [1994]} as the "determination of common communication objectives and budget" whereas (Wills & Ryan, [1997]) includes in there definition "creative and media decisions involving the whole corporation". The issues of marketing standardisation and global marketing have usually been considered in terms of the

  2. GSCE Unit 2: People & Business

    if an employee had put some stock out on the shelf and hadn't finished and left the other stock lying around, then a cleaner would be called straight away to get rid of the mess and have it back to how it was to begin with in no time.

  1. E1: Accurately describe the responsibilities covered by the human resources function in the ...

    They may have to develop their business with new employees. As they get the right people from external labour market, the organisation can match up demand and supply in the right way to meet the human resource planning. Bridgestone need to know if they are able to find the right kind of people locally.

  2. Operational Issues in the BPO industry

    This is used for inbound services. Abandonment rate = no of calls not taken / total number of calls that had come The calls that have not been taken are defined in terms of the maximum wait time or the speed of answer.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work