Strategic Business Management and Planning Assignment
Added on -2021-02-21
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Strategic Business Management and Planning
Table of Contents INTRODUCTION...........................................................................................................................1 BM 1.0.............................................................................................................................................1 Introduction..................................................................................................................................1 P1 Goals.......................................................................................................................................1 P2 Determine how the company identify this..............................................................................2 Conclusion...................................................................................................................................2 BM 1.1.............................................................................................................................................2 Introduction..................................................................................................................................2 P1 SBM and Planning..................................................................................................................2 P2 How is it useful for an organization.......................................................................................2 Conclusion...................................................................................................................................3 BM1.2..............................................................................................................................................3 Introduction..................................................................................................................................3 P1 Balance scorecard...................................................................................................................3 P2 Gap Planning..........................................................................................................................4 Conclusion...................................................................................................................................4 BM 1.3.............................................................................................................................................4 Introduction..................................................................................................................................4 P1 External Factor........................................................................................................................5 P2 Internal factor..........................................................................................................................6 Conclusion...................................................................................................................................7 BM 1.4.............................................................................................................................................7 Introduction..................................................................................................................................7 P1 UK corporate governance code..............................................................................................8 P2 How it influence management and planning strategies..........................................................8 Conclusion...................................................................................................................................8 BM 1.5.............................................................................................................................................8 Introduction..................................................................................................................................8 P1 Risk factors.............................................................................................................................8
P2 How it influence strategic business management...................................................................9 Conclusion...................................................................................................................................9 BM 1.6...........................................................................................................................................10 Introduction................................................................................................................................10 P1 Competitive advantage.........................................................................................................10 P2 Different ways to position itself...........................................................................................10 P3 How company gain advantage here (Product based position)..............................................10 P4 Price based position..............................................................................................................10 P5 service based position...........................................................................................................10 Conclusion.................................................................................................................................11 BM 1.8...........................................................................................................................................11 Introduction................................................................................................................................11 P1Supply chain management.....................................................................................................11 P2 Environmental concerns.......................................................................................................11 Conclusion.................................................................................................................................12 BM 1.9...........................................................................................................................................12 Introduction................................................................................................................................12 P1Define stakeholder.................................................................................................................12 P2 Understanding needs of stakeholder.....................................................................................12 Conclusion.................................................................................................................................12 CONCLUSION..............................................................................................................................13 REFERENCES..............................................................................................................................14
INTRODUCTION Strategic business management and planning is important planning for business and its effectiveness in business. This help to business in order to understand the requirement of planning. The present report will based on the “ISS world company” which is provide various services to customers like catering, security facilities. The report will shows a goals and objectives of business and importance of SBM. This evaluate the classic and contemporary models in developing business. This will analysis the internal and external factors which influence to business, corporate governance code affect to business management. This will define the risk factors and its impact or advantages of product, price and services based position. BM 1.0 Introduction The section present the goals and values of the company in which report describe the set of beliefs and principles and further describe how ISS develop strategies to attain these objectives/goals. P1 Goals Company goal is to focus how the firm meet the customer need by providing best services so that it will help to provide unique position by integrate the best facilities at local and global level. For that the business offer different products in reasonable rates with discount in order to quantify the objectives. Difference between: Strategic:It is that planning in which the ISS define the strategy, direction and also helps to make decision by allocating the resource to pursue the strategy. Basically the strategic planning deals with whole business with some milestones. (Van Deursen, Helsper and Eynon, 2016) Tactical:It is the short range planning that emphasize the current operations of various parts and Manager of ISS use tactical planning in order to attain defined aim and objectives of an organization. Operational:It is a process of linking all the strategic goals as well as objectives to tactical goals and objectives that clearly describe milestone and condition for success. Therefore, the manager of ISS uses operational plan in order to keep all the information with them. Values:ISS follows the values such as: Honesty: Firm respect their customers, colleagues and its honesty is not negotiable. 1
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