Reviewing the corporate governance

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Reference no: EM133455057

Assignment:

The text states that strategic decisions are (1) rare, (2) consequential, and (3) directive. These deal with the long-term future of the entire organization. To aid in the decision making, the authors suggest an eight step decision-making process. Found on page 25 in the text, these include:

(1) evaluating current performance results;

(2) reviewing corporate governance;

(3) scanning and assessing the external environment;

(4) scanning and assessing the internal corporate environment;

(5) analyzing the strategic factors;

(6) generating and selecting the best alternative strategy;

(7) implementing selected strategies; and

(8) evaluating implemented strategies. These guidelines for making and evaluating decisions at a strategic level can be important for leaders.

Open today's issue of The Wall Street Journal and look for an article about new moves being made by a corporation, specifically the decisions that are strategic. At what level is each of the decisions that you identified? Functional/Business/Corporate? Why do you believe this to be the case? What is your assessment of these decisions? Will they be effective? Why? How have you decided this?

Reference no: EM133455057

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