Collective Strategy Development

Collective Strategy Development

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
1.1 Political, social ethical and operational needs for the common strategies between
company and administration..................................................................................................3
1.2 Methodologies by which collective strategies develop internally and externally both4
Collective strategies Internally..............................................................................................5
Collective strategies externally..............................................................................................5
1.3 – opportunities for future development of collective strategies and their impact on
companies...............................................................................................................................6
2.1 define what collective strategy is and consider how it is forms components of
organization and key stakeholders..........................................................................................7
2.2 Identify policy and strategic issue which influence collective strategy...........................8
2.3 How collective strategy is influenced by various factors like political, social, economic,8
3.1 how to resolve tension between culture and ethics of stakeholders and administrations.9
3.2 How strategic intelligence is used in developing of strategy and its formation.........10
3.3 Knowledge and thinking to developing of collective strategy......................................11
4.1 difference between aims and purpose and collective strategy of organization.............12
4.2 Discuss link between aspiration of collective strategy ethical and cultural objectives of
stakeholders..........................................................................................................................13
4.3 How various approaches of strategy affects collective change......................................13
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................15

INTRODUCTION
Collective strategy is the organizational attempt to manage their inter dependence by
sustaining contractual for the competitive interconnections and making the particular
endogenous social environment. Collective strategy is used by the companies to give their
effort toward the collaborating with the people and other organization. It has huge benefits to
the company, and they can take competitive advantages in the market where they are operating
their business and show their presence as an emerging brand. Every business requires different
types of strategies to grow and develop. The requirement of strategy depends nature and types of
business and market conditions. Also, it is important to identify stakeholders needs as well in
developing strategy. This is because any change in their needs impact on strategy. basically,
strategy is divided into many types that is tactic, strategic operational, etc.
This report will cover IKEA company for their case study. It is multinational group who
used to sell the ready meant assembled Furniture, home appliances, kitchen appliances goods
and services to the customers. This company has presence in all over the world and more than
400 locations. More than 210000 employees are currently working for the IKEA group and
helping them to gain success in their business (Abrosimov and Mochalkin., 2018).
This report will discuss about the collective strategy of the IKES company including the
Political , social and operational needs for the common strategies between the organization and
administration. It will also analyze and evaluate the factors which has huge influence on the
collective strategies of the company. It will also include policy and strategic issues and factors
influence like Social, cultural and religious etc. In the end of this report will lead to pro0cess
of developing and formulating the collective strategy. It will also include the Aim and objective
of this strategy and importance of support from the Stakeholders in collective strategy.
MAIN BODY
1.1 Political, social ethical and operational needs for the common strategies between company
and administration
Political, social and ethical and operational needs for the common strategies between
company and administration because both because they both are interconnected with each
other. Administration makes the polices and protect the business from the legal actions and
also help IKEA company to prevent creditors from applying for the winding up petition to
force the closest of their business (Gao., 2017).

It is necessary for the IKEA company to follow the polices related to the government.
Government taxes are one of them. It is necessary for the company pay the taxes to local
government and administration make the polices which are required in the company. The
government has imposed legislation in rewards with the employment because to which the
retailers are persuaded to provide work for the different people. Thus, the IKEA company
need to abide by this regulations and need to devise such strategies which takes into the
consideration the needs of the administration and organization as a whole.
On the basis of this there are many needs which are related to the ethical and social. It
is important for the IKEA company to fulfill, so they can take good position in the market where
they are operating their business. The Focus of the IKEA company is to remain ethical in their
business by putting the considering the needs and demand of their customers and society
including their stakeholders, The administration in turn also provide faculties to their
employees who are working in the company by running the ethical practices which are in their
interest and which can be turn to fulfill the ethical needs of the society and company. In a
result collaboration of the strategies of both company and the administration is need in order
to fulfill the companies operational activities, so they can get success in their business, and they
can able to show their presence in the international market location (Gassemi., 2019). The
operation needs of the IKEA company conclude increment in their productivity, utilization of
the organizational resources, so they can create quality product for the customers and minimal
cost etc. To get this all benefits IKEA company have to implement the cost effective
strategies in their business which can help them to save their necessary times, money and their
effort and they can take competitive advantages in the market and show their presence in the
market where they are operating their business. They are already having good reputation in the
market but by advantaging this strategy IKEA company can gain loyalty of the customers and
Clientele and hold the higher shares in the market with and competitive advantages in the
market.
1.2 Methodologies by which collective strategies develop internally and externally both
The collective strategy within the IKEA company are developed and evolved on the
basis of different factors (Lopes, Peres, Goulão, Martins and Frazão., 2020). This factors can
be both external and internal to the IKEA business. Internal practices within the company
include HRM marketing & sales and other operations. On other side external factors may