Strategic Decision Making, Entrepreneurship, and Kiwi Bank Analysis
VerifiedAdded on 2022/12/15
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Report
AI Summary
This report examines the strategic decision-making processes at Kiwi Bank, emphasizing the crucial link between strategic decisions and entrepreneurship. It analyzes the role of management consultants in guiding Kiwi Bank's expansion and the significance of effective strategies for competitive advantage. The report highlights the importance of strong employer-employee relationships, demonstrating how they contribute to productivity, employee loyalty, and reduced conflict. It uses academic references to support its claims. The report then proposes modifications, including changes to employee policies, addressing moral obligations, and uncovering employee strengths through motivation, to foster a stronger relationship between strategic decision-making and entrepreneurship within the organization. The report suggests a three-phase formal strategic planning approach to improve the business and employee relations.
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