Week 1 discussion response- capstone

week1discussion1.docx

Week 1 Discussion: The Big Picture

Strategy is a long-term guide for an organization that involves determining and deciding what goals an organization wants to go towards. It assists business leaders to think about the “big picture” in relation to every day decisions. In order to assess resources, plan from potential opportunities, control risk and monitor progress, leaders need an effective strategy. Without a strategy, organizations might be engaged in heavy short-term activity, and not know their long-term direction.

Organizational culture matters as it affects the way employees think, communicate, make decisions, and react to change. From my understanding, the most essential cultural elements to consider are values, ethics, communication skills, teamwork, responsibility, and a willingness to embrace innovation. If employees know and act on organizational values, they will engage in co-operative working to achieve shared goals. Effective communication also helps employees understand their roles and their impact on the success of the organization. In addition, a culture that enables learning and innovation can assist organizations with adapting to customer expectations and competitive landscapes.

I believe organizations can benefit a lot in being mission driven, or purpose driven. A clear mission provides direction and explains why an organization exists beyond simply generating revenue. Purpose can engage employees, reinforce organizational identity, influence customer trust, and inform long-term decision-making. If strategy is aligned with an important objective, workers might believe their job is helpful for something worthwhile. This can enhance engagement and cultivate organizational commitment.

However, mission- and/or purpose-driven strategies can be challenging. The balance between organizations and mission versus financial sustainability, stakeholder expectations and competitive pressures must all be considered. Pursuing a social or ethical purpose may sometimes require additional resources or difficult compromises. Leaders need to therefore be sure of the mission's reality and backed by measurable goals.

Week1DiscussionInstructions-Capstone.docx

Week 1 Discussion

The Big Picture

Taking into consideration what you have achieved in your academic and professional career thus far and what you plan to do in the future, what are your thoughts about “the big picture” of your life? This can include your own personal mission or purpose, the goals you have set for yourself, and so on. Perhaps you have certain goals or plans related to pursuing a particular career path, or perhaps there is a personal passion you want to pursue. In people’s personal lives, these big-picture goals may be related to career, relationships, health, financial stability, and so forth, and they may or may not be connected to a person’s sense of mission or purpose. In an organizational context, these “big picture” goals may also be financially focused, related to the sustainability of the organization, and connected to an organizational mission. In either context, long-term, strategic planning is key to ensuring that goals are met. And when driven by a mission or purpose, achievement of those goals can fulfill even greater outcomes than simply an individual person’s or business’s success. In this Discussion, you will consider your experiences with and knowledge of organizational culture and mission- or purpose-driven strategy to analyze the roles they play in an organization.

To prepare for this Discussion:

· Draw upon the knowledge and skills you have developed throughout your program.

· Consider your experiences with and knowledge of organizational culture.

· Consider the idea of an organization being mission driven or purpose driven.

Post your analysis of the role of culture, mission, and purpose in an organization’s strategy, to include the following:

· In your own words, briefly explain what strategy is and how it can help business leaders to focus on “the big picture.”

· Based on your own experiences and knowledge of organizational culture, identify which aspects of culture within organizations are most critical to the development and execution of business strategy. Explain why.

· Analyze whether it is beneficial for an organization to base its strategy on being mission driven or purpose driven. Explain why or why not. Are there any negatives or compromises that organizations might need to consider?

week1discussion1.docx

Week 1 Discussion: The Big Picture

Strategy is a long-term guide for an organization that involves determining and deciding what goals an organization wants to go towards. It assists business leaders to think about the “big picture” in relation to every day decisions. In order to assess resources, plan from potential opportunities, control risk and monitor progress, leaders need an effective strategy. Without a strategy, organizations might be engaged in heavy short-term activity, and not know their long-term direction.

Organizational culture matters as it affects the way employees think, communicate, make decisions, and react to change. From my understanding, the most essential cultural elements to consider are values, ethics, communication skills, teamwork, responsibility, and a willingness to embrace innovation. If employees know and act on organizational values, they will engage in co-operative working to achieve shared goals. Effective communication also helps employees understand their roles and their impact on the success of the organization. In addition, a culture that enables learning and innovation can assist organizations with adapting to customer expectations and competitive landscapes.

I believe organizations can benefit a lot in being mission driven, or purpose driven. A clear mission provides direction and explains why an organization exists beyond simply generating revenue. Purpose can engage employees, reinforce organizational identity, influence customer trust, and inform long-term decision-making. If strategy is aligned with an important objective, workers might believe their job is helpful for something worthwhile. This can enhance engagement and cultivate organizational commitment.

However, mission- and/or purpose-driven strategies can be challenging. The balance between organizations and mission versus financial sustainability, stakeholder expectations and competitive pressures must all be considered. Pursuing a social or ethical purpose may sometimes require additional resources or difficult compromises. Leaders need to therefore be sure of the mission's reality and backed by measurable goals.

Week1DiscussionInstructions-Capstone.docx

Week 1 Discussion

The Big Picture

Taking into consideration what you have achieved in your academic and professional career thus far and what you plan to do in the future, what are your thoughts about “the big picture” of your life? This can include your own personal mission or purpose, the goals you have set for yourself, and so on. Perhaps you have certain goals or plans related to pursuing a particular career path, or perhaps there is a personal passion you want to pursue. In people’s personal lives, these big-picture goals may be related to career, relationships, health, financial stability, and so forth, and they may or may not be connected to a person’s sense of mission or purpose. In an organizational context, these “big picture” goals may also be financially focused, related to the sustainability of the organization, and connected to an organizational mission. In either context, long-term, strategic planning is key to ensuring that goals are met. And when driven by a mission or purpose, achievement of those goals can fulfill even greater outcomes than simply an individual person’s or business’s success. In this Discussion, you will consider your experiences with and knowledge of organizational culture and mission- or purpose-driven strategy to analyze the roles they play in an organization.

To prepare for this Discussion:

· Draw upon the knowledge and skills you have developed throughout your program.

· Consider your experiences with and knowledge of organizational culture.

· Consider the idea of an organization being mission driven or purpose driven.

Post your analysis of the role of culture, mission, and purpose in an organization’s strategy, to include the following:

· In your own words, briefly explain what strategy is and how it can help business leaders to focus on “the big picture.”

· Based on your own experiences and knowledge of organizational culture, identify which aspects of culture within organizations are most critical to the development and execution of business strategy. Explain why.

· Analyze whether it is beneficial for an organization to base its strategy on being mission driven or purpose driven. Explain why or why not. Are there any negatives or compromises that organizations might need to consider?

week1discussion1.docx

Week1DiscussionInstructions-Capstone.docx

Week1LearningResources-Capstone.docx

week1discussion1.docx

Week1DiscussionInstructions-Capstone.docx

Week1LearningResources-Capstone.docx

week1discussion1.docx

Week1DiscussionInstructions-Capstone.docx

Week1LearningResources-Capstone.docx

week1discussion1.docx

Week1DiscussionInstructions-Capstone.docx

Week1LearningResources-Capstone.docx