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Strategic Management, 5
1) What are strategic objectives? What is the purpose of strategic objectives? What makes an effective strategic objective? What are examples of strategic objectives for you organization or one with which you are familiar?
2) We are learning about strategies in general, but specifically, HOW does a company choose the right strategy? .... Could it be that they conduct a SWOTT?
3) What are the different types of strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for your organization?
CH. 6
4) What is the difference among strategic, long-term, and short-term objectives? What is the relationship between objectives and goals? What are examples of this relationship?
5) An example would be with regards to school. It is not enough to say, " I want a degree." A good strategic objective would state, "I am going to get a B.A. degree by 2011, from UOP, with a 3.5 GPA." Do you see the difference? Your team and individual objectives should be specific and measurable, and in this format. There are lots of great website's that are dedicated to writing S.M.A.R.T.strategic objectives. Please do a quick google search and let the class know if you find anything interesting. Would anyone like to take a stab at writing or compiling a few good strategic objectives? It can be for your business or anything at all...I am happy to provide feedback.. It only needs to be ONE sentence long, and meet the components as noted above.