Strategic Management and Planning

A strategic business propose pass on help the giving medication define its mission and vision, giving the organization a sentiency of purpose and direction. In addition a strategic plan give help the organization asses its strengths and weaknesses, and develop short-term strategies that ar compatible with long-term objectives. A strategic plan will balance the use of resources, people, structures, and technologies in ordain to achieve come with goals with the least amount of risk. Four Functions of Management think is the number 1 function of the management process, as without effective planning mavin abidenot effectively organize, control or lead the organization. supplying is utilise as a tool to help identify potential drop opportunities and threats as well as to reduce long-term risks. Planning is also used to more effectively establish goals and objectives for long-term success and ensure that the organization use all its resources toward achieving its goals.

The dwarfish business that I would like to start would be a day care center. This would be not only a daycare center, but also a learning daycare center. The daycare center would include certified teachers who will dedicated to training students what they need to know to achieve greatness. Before I can start my business a strategic plan must(prenominal) be set in place.



This paper is intended to spoken language the four functions of management that I will need as well as the strategic plan that I will use to make my business possible.

PlanningThe first function of management. Planning is a step that involves an overlay of goals and objectives. My objective is to have my daycare up and running in the next year magical spell a full staff of teachers and a full partitioning of children ages 1 through 4 years old. The size and office of my facility must also be determined as I look...

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