Strategic Management - Strategy Evaluation

Strategic Management -
Strategy Evaluation

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Critical assessment of method of process that are used by company for determine their
strategy........................................................................................................................................1
Evaluation of critical models as well as tools that are implemented by company for identifying
their strategy................................................................................................................................3
Application of tools to real company..........................................................................................3
Critical appraisal of relevance of change management which is based on complexity of
transformation method, its costs, risk as well as sustainability...................................................8
CONCLUSION................................................................................................................................8
REFERENCES..............................................................................................................................10

INTRODUCTION
Strategic management is referred to be a process of planning objectives, measures and
manners for making company's performance highly effective. It generally comes under a field of
management which involves formulation and usage of major goals along with initiatives that are
taken by manager of company on behalf of stakeholders for assessing considerations of resources
(Widjaja, 2021). It is generally termed to be an analysis of external and internal surroundings
where companies are operating their business practices. This report is based on strategic
management and strategy evaluation of a consultancy company Deloitte which is a multinational
professional service provider network company with its offices in across 150 countries and
territories in global world (O'Shannassy, 2021). It involves critical assessment of ways which
are implemented in company and evaluation of different models that are used for determining
company's strategy. It also consists of application of tools and models with critical appraisal of
importance of change management which is based on complexity of transformation method
followed by its conclusion.
MAIN BODY
Critical assessment of method of process that are used by company for determine their
strategy.
In order to have a critical assessment of various methods for having effectiveness in
company it is essential for companies to analyse their motive, vision, mission, goals. So that they
could formulate according to goals in order to sustain in markets for longer time. These
components helps companies to provide effective strategic direction for well running of their
business. In accordance with Deloitte, relevance of having clear purpose, vision, mission and
objectives that could help in determining strategy are as follows: Purpose: It is essential for companies to determine their purpose so that it could help
them in performing their business activities. In accordance with Deloitte, company is
carrying their purpose of creating an impact that could matters towards their customers.
As purpose of Deloitte is to inspire company professionals and helping them in achieving
their goals by giving professional services to their customers (Ginanneschi, 2021). Mission: This component of company basically helps in determining goal that they want
to accomplish. It generally helps in giving a correct strategy guidance so that their
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planned vision could be achieved in an accurate way. In accordance with Deloitte,
company is performing their mission of providing help to their customer and customer
excel. It indicates that the company's customers are said to be its priority. Along with it
designs their strategy with a re guidance of their growth for accomplishing their primary
goal. It consists of improving quality, creating wide reach as well as transforming
company. Vision: It basically helps in performing business activities with an idea which could
determine their goals and motive of companies in an effective manner. In relation to
Deloitte vision as well as strategy of company is to develop with collaboration with
leadership and staff members from global world by focussing on working together with
functional and national business limit for delivering excellence in their all services which
are given by working individuals. As their vision keeps on aspiring standard of
excellence as their first choice of their customers. Objective: This component deals in serving customers with their effective services
(Arteaga, 2021). Goals helps in providing effective performance of company. In
accordance with Deloitte company is carrying major goal of providing effective customer
services. They are performing their business practices in providing professional service
so that company could be capable to provide satisfaction to their customers.
 Values: Deloitte is carrying their shared values which are timeless and core principles
that could be able to differentiate with their culture. Company's values carries on integrity
which could believe that nothing is important than their goodwill. They believes in
behaving with their higher levels of integrity which is fundamental towards who they are.
They are carrying values of providing outstanding value to markets and customers by
playing a critical function with more efficiency. They are taking various values that could
help their capital markets for carrying business practices effective.
It has been critically assessed that these component of Deloitte helps in giving out
effective strategic guidance in identifying their strategy in order to design them. When motive as
well as goals of company will be clear it will be beneficial for company to accomplish their aims
in particular period of time scale (Al-Hawary and Al-Rasheedy, 2021). As without analysing
goals, mission and vision it will be difficult for company to formulate their strategy in a well
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