Strategic Management

Running head: STRATEGIC MANAGEMENT
Strategic Management
Name of student
Name of University
Author note

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Table of contents
Introduction................................................................................................................................2
Company Overview...............................................................................................................2
Business case for restructuring...................................................................................................3
Literature review........................................................................................................................6
Strategic management at the organisations............................................................................6
Identification of issues related to the organisational structure design...................................7
Problem solving techniques...................................................................................................9
3 Analysis/Restructure...............................................................................................................9
3.1 Design and restructure......................................................................................................9
First step- analyzing the internal structures.....................................................................10
Excavating the issues.......................................................................................................10
Mapping the potential opportunities................................................................................11
Identifying the threats......................................................................................................11
Step 2- studying the external environment...........................................................................12
Step 3- Theorizing the situations..........................................................................................13
3.2 Monitoring......................................................................................................................14
Conclusion................................................................................................................................15
References................................................................................................................................16
Bibliography.............................................................................................................................19

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Introduction
The main purpose of the strategic management project is to analyse the real world
situations and ensure addressing the various managerial problems and issues faced. This will
allow implementing approaches that are essential for the growth and professional
development of employees, furthermore, ensure overcoming the weaknesses within the
organisation for effective business functioning (Goffin and Mitchell 2016). The topic will
also highlight the important of managerial in addressing the strategic organizational issues or
failures, furthermore ensure the cause of these failures resulting from the combination of
issues in various areas of 4Cs including communication, collaboration, coordination and
control. The business organisation Takaful Emarat Insurance in United Arab Emirates has
been chosen as the case study in this report, which considers my role as a manager of the
organisation holding the power and authority to ensure formation of a proper organisational
design and overcome the issues with much ease and effectiveness.
Takaful Emarat Insurance is a major premier Shariahcompliant that has been a major
provider of insurance services and financial services too. The company has its headquarters in
United Arab Emirates and has operated the Takaful funds without much expectations related
to the fixed returns on investments (Tlife.ae 2019). The capital has been invested in the form
of funds according to the Shariah compliant and has developed coordination among the
policy holders for contributing benefits to every stakeholders, furthermore ensure reducing
the chances of risks and generate higher revenue in business. The insurance company has
been found to be adhering to the laws, rules and regulations of the UAE and ensured
following the directions set by the ShariahSupervisory Board to maintain right values and
ethics along with business functioning effectively too. Takaful Emarat Insurance also
manages its business functions and processes based on the concepts of shared contributions
and cooperation between the various participants involved for managing compensation and