Management Fix: Company Strategy Follow-up
A MngtFix is an actionable solution for a problem with pros and cons to be evaluated by a human manager. Every other week we share a little bit of our knowledge base on social media and our newsletter. This week’s MngtFix is…
Have you ever seen this MngtFix? What problem(s) was it solving?
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This week’s “Company Strategy Follow-up” is a very needed and ignored solution.
By definition, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization’s top management on behalf of owners, based on consideration of resources and an assessment of the internal and external environments in which the organization operates.
(additional resource at https://en.wikipedia.org/wiki/Strategic_management)
Defining the company strategy is important, but it should be followed-up and communicated regularly to promote engagement and leverage every stakeholder buy-in.
This MngtFix has been mentioned in relation to a number of MngtBugs such as…
“Lack of Company Culture”,
“Lack of People Engagement”,
“Lack of Communication”,
“Lack of Focus”,
“Lack of a Stakeholders Buy-in”,
and of course “Lack of Company Strategy Follow-ups”!
Call to action
What about you? What do you want more or less of on medium post?
Do you have other suggestions?
I would love to know more about your feedback and stories so that we can learn, share and grow together!
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Have a nice week and remember…
Human Managers should strive to be humans while managing and be managed as humans!