Does the Organisation Have the Right Strategy for Today's Challenging Environment?

Does the organisation
have the right strategy for
today's challenging
environment

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
Organisational overview..............................................................................................................1
TASK 2............................................................................................................................................3
Strategic models and theories......................................................................................................3
TASK 3..........................................................................................................................................10
Advantages and dis-advantages to the organisation and its stakeholders..................................10
TASK 4- CONCLUSION..............................................................................................................13
REFERENCES..............................................................................................................................14
Online-...........................................................................................................................................15

INTRODUCTION
Strategic management is the process of managing all strategy of the organisation which
will help them to enhance their productivity and profitability (Abd, Abbas and Khudair, 2019).
It consist of setting goals, scanning current business environment and convert plan into action to
grab all opportunities and defend all threats. A good organisational strategy will help the
organisation to gain competitive advantage. Today, organisations face various issues and
problems in challenging business environment. Hence, the companies are required to make
effective and flexible strategies so that they can mitigate these challenges effectively (Witcher,
2019). The following report covers background of chosen organisation to review its performance
over last 5 years, strategic. The following report also covers critical analysis of strategic theories
with their advantages and disadvantages upon organisation.
MAIN BODY
TASK 1
Organisational overview
Procter and Gamble Company (P&G) is serving in customer goods industry where they send sell
various customer goods like shampoos, soaps, body lotions and many others. This company is
founded in the year 1837 by William Procter and James Gamble. It is headquartered in
Cincinnati, Ohio, United States. Their main product types are skin care, personal care and
cleaning agents.
The last 5 year development of P&G company is mentioned below-
Yea
r
Mission Vision Main
organisational
change
Impact upon
company 's growth
2022 To offer high quality of
products with
reasonable prices so
that their customers will
develop their standard
of living. This will
To be recognized
as the best
customer
products and
services company
in the world
In the year 2022,
the company is
focusing to
enhance their sales
and retain their
employees and
This mission and
vision will help the
company to enhance
their investment
activities. This will
faster the growth of
1