Restate Goals Essay Example | Topics and Well Written Essays - 750 words

duplicate Goals - Essay ExampleStrategic goals and objectives involve a twin accomplishment accomplish strategy training and strategy implementation in order to accomplish a connection between the firm and its environment. This is why strategy content, environmental scanning and corporate social responsibility. The manager must decide who are his superb competitors and who are his bad competitors in the specific industry circumstances in which he competes. A winder part of this policy-making process is the skill at predicting what his competitors are doing. Prediction is a vital habituate because competitors, both good and bad, are not standing still. Management has a continuing and virtually outright obligation to its shareholders to increase the residual value of the corporation, rather than to increase the wealth of any other convocation of stakeholders, and that is the fundamental difference between the claims of other stakeholders and the claims of the shareholders to the boards decisions. Managements duty to the other stakeholders is finite, defined by contract, the law of torts, or governmental rules, and needs simply to be satisfied (Campbell 1997). Corporate goals and objectives are closely connected with organizational development embracing a wide range of intervention strategies into the social processes of an organization and involve the industriousness of organizational behavior. Questions for discussion and training exercise1. Examine goals and objectives of each company. Name advantages and disadvantages of these strategies. 2. Image you are a CEO of the company. How can you restate corporate goals and objectives identified by three companies Why do you practice these changes 3. Your task is to plan organizational performance according to goals and objectives. (a) Is it easy to plan organizational development strategies utilise these goals and objectives Explain. (b) Identify the main areas of growth and development using companies cor porate goals and objectives. Discussion Section Three organizations selected for summary are the Alaska Railroad, HP and Nestle. These companies were selected for analysis because the yare global leaders in their industries operating of the global scale. Question What do you know about these companies Can you identify the main similarities and differences between these giants Nestle, a leader in food industry, has the following corporate goals and objectives Nestls corporate objective is to be the worlds largest and best branded food manufacturer, whilst ensuring that the Nestl name is similar with products of the highest quality (Nestle Corporate Objectives 2007)