Strategy

The strategic management is the compilation and dissemination of a mission statement which outlines the aspiration of an organization.

Corporate Strategy is concerned with the overall purpose and scope of the business to meet stakeholder expectations. This is a crucial level since it is heavily influenced by investors in the business and acts to guide strategic decision making throughout the business.

Operational Strategy is concerned with how each part of the business is organised to deliver the corporate and business unit level strategic direction. Operational strategy therefore focuses on issues of resources and processes.

The feasibility of mission statement is concerned with resources which include funding, skills, time, knowhow and information to implement the strategy.

You believe you have some inherent core competencies, innovative product lifecycle management that can be leveraged and lead to quantum growth of your company and could be a combination of organic and inorganic growth.

We assume that an organisation to cope with globalization, competitive threats, complexity, limited resources, periods of reappraisal, market leaders will need to scourge and drive growth by mastering key capabilities.

To effectively support an organization’s strategy, few components need to work in synergy. leadership and empowerment, human resources, company structure, processes and technology, information transparency and metrics.

The research based hypotheses of an operating model program will suffice with strategic key imperatives for enterprises as they seek global expansion in the multi polar world.

It is tempting to view the Indian market with an explorer’s eye, sailing off to discover new lands, great wealth and boundless opportunities for trade but there is an element of uncertainty when sailing into unknown waters.

Indian market is playing a semantic role for Hidden Champions but German companies must not fight a losing battle and cooperate with handholders to establish new strategies for further growth.