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Implementation of Strategic Management Process

   

Added on  2023-01-07

14 Pages3710 Words48 Views
Implementation of strategic
management process

Executive Summary
Strategic management plays an important role in managing and planning strategy that help
in attaining objectives within stipulated time period. It is significant for the companies to aligned
all the activities with the vision, mission and values so that it can be achieved in an effective
manner. Moreover, it is important to conduct an external and internal analyisi by using of
different theories and framework as it help in making improvements and decline the level of risk
as well.

Table of Contents
Executive Summary.........................................................................................................................2
INTRODUCTION...........................................................................................................................4
About Oxylus Network and industry.....................................................................................4
Internal analysis of company..................................................................................................5
External analysis of company.................................................................................................7
SWOT analysis of Oxylus Networks.....................................................................................9
Critical evaluation of organisational culture and strategy....................................................10
Recommendations..........................................................................................................................11
CONCLUSION..............................................................................................................................11
REFERENCES..............................................................................................................................12

INTRODUCTION
Strategic management is defined as the procedure of managing, effective planning &
analysing strategy for achieving organisational objective and goals in a proper manner. The
strategic management process consist of strategy formation, implementation and monitoring as
well. In addition to this, it also include goal setting that assist in meeting with targets in
stipulated time period (Ansoff, 2018). It is analysed that strategy of a company is basically a set
of instruction which the higher authorities take in order to compete with the rivals. In addition to
this, it is a continuous activity that an organisation adopt in order to effectively deal with the
business objectives. Moreover, strategic management process is complex in nature which consist
of formulation of an organisational vision for both current as well as future objectives. Further,
such process also involve development & implementation of corrective measures that is
important in order to achieve higher growth and success in an effective manner.
In the present report, Oxylus network is taken into consideration. It is a communication
technology professional service that was established in the year 2018 in Australia. The company
is basically design and develop LAN and WAN and also provide cloud offering service to
customers. The report will cover external and internal environment analysis of the chosen
organisation. In addition to this, there is discussion about SWOT analysis which assist company
to gain insight about the strength and weaknesses of company. Further, Porter's five forces is
applied in order to analyse the external conditions for the company sustainability. Moreover,
there is examination of organisational culture and structure and various strategies is discuss that
help in proper implementation of strategies.
About Oxylus Network and industry
In Australia, the IT Sector mainly involves two elements that is IT services and business
procedure outsourcing. It is determine that IT industry has raise its contribution level to the
nation's GDP that is from 1.5% to 8.8%. The IT sector is growing rapidly and alters the
demographics of country. This sector consist of software management, business process
outsourcing, software development, consultancies an online services as well (Bruijl, 2018).
Information technology sector is influence by factors such as global market, increase in growth
rate and so on. It is determine that IT sector of Australia has advantageous from low
development cost and talented as well as effective employees.

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