AssignmentPlease reference the attached assignment in order to do this assignament, as I’m building off of that with this assignment. For this project, in a 3 to 4 page paper, describe the structure of your company. In addition, describe, as the leader, how you will manage the business in order to realize the vision, promote the mission, and achieve optimal organizational performance.Assignment checklist Determine a company business structure.Describe the management by objectives model applied in your company.Describe leadership in your chosen company.Describe the team concept and using teams in your company.When you are ready, you may submit your paper to the Assignment Dropbox. *Note, include your name in the file name of the Assignment.For help using the Dropbox, select Academic Tools above then Dropbox Guide.AspectPercentage of assignment Score MT499 Assignment Criteria Content, Focus, use of Research50% (30pts)Addresses all assignment requirements, indicates depth of knowledge about the topics and key areas, contains a clear and concise introduction with a thesis statement, comprehension body of paper, closing summary, and includes a minimum of three cited and referenced resources (APA 6th edition).AnalysisandCriticalThinking30% (18pts)Analysis and critical thinking indicates optimal reasoning with a defined purpose, based on assumptions, writer’s point of view, discusses the advantages and disadvantages, and uses data, information, and concepts/ideas to address the assignment topics or key areas in the paper.WritingStyle,Grammar,APAFormat20% (12pts)The capstone uses the APA (6th edition) writing style using active voice, which is in third person and concisely written. The paper is free from incorrect punctuation, use of jargon/clichés, incorrect grammar and mechanics, and is correctly formatted based on APA 6th edition guidelines.Total Points100% (60pts) ID: MT499-02-08-A
unit_1___introduction_to_business_strategy.doc
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Running head: BUSINESS STRATEGY
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MT499: Bachelors Capstone in Management-Peregrine
Unit 1
Business Strategy
Bryan May
Kaplan University
Professor Angie Sokol
09/23/2016
BUSINESS STRATEGY
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Business Strategy
Thesis statement: The Company has to ensure that they have proper structures and identify the
roles and responsibilities of the management as it assists in forming the basis of the performance
of the organization.
Strategic Thinking
A. Involves coming up with innovative solutions to solve the technological issues that face
businesses today
B. Continuity of Research and Development.
Organizational Structure
A. Functional structure.
B. Democratic style of management
Role of Structure, Management and Leadership
A. Definition of roles employees and their responsibilities
B. Importance of employee input.
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Business Strategy
Gravity Solutions is a company that will offer technological solutions to the people that
run businesses especially where the organization is considered large. It is important that people
recognize the need of improved technology in enhancing the competitiveness of the business as it
ensures that there is increased efficiency. The company vision will be to become the best
provider of technological solutions in the world and the mission to ensure that the businesses
achieve the objectives that matter to them. The company will ensure that their mission is
achieved through the helping of the businesses to achieve their objectives. It is important that
Gravity solutions recognize the importance of forming strategies that ensure that the business
remains successful. To achieve these, the company will ensure that they have proper structures
and identify the roles and responsibilities of the management that will assist in forming the basis
of the performance of the organization.
Strategic Thinking
According to Nobuo (2016), strategic thinking in the company is where the company
makes decisions that they intend to take to make sure that the business is successful. The
planning of the organization regarding strategies is done yearly where the decisions of making
the company more competitive are made. In Gravity Solutions, the process of strategic thinking
involves coming up with innovative solutions to solve the technological issues that face
businesses today. The experiences that have taken place in the past do not define the role that
innovation plays in developing the strategies for the future.
The innovative solutions are created through ensuring that research and development are
continuous that helps the company to come up with solutions that meet the current demand of the
businesses. Creativity in the company is achieved through examining the voices of the clients,
BUSINESS STRATEGY
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the industry and the employees it then lays the strategies where they make sure that the needs are
satisfied. The company has made it its responsibility to continue making sure that they improve
their process of innovation. It helps in the creation of products using a framework that is of value
to the company. It gives the proactive functioning of the organization that helps in defining the
domain of the organization and in giving them the strategic advantage.
Organizational Structure
The structure of Gravity Solutions is the functional structure where the structure is based
on the functions of the organization that include research and development, finance and the
marketing departments. The research and development unit makes sure that they get the solutions
to the problems that people continue to face in the organization (Goreva et al., 2016). As such,
new innovative measures have developed that help the company to remain competitive. The
company in total has over twenty staff members that ensures that the mandate of the organization
is achieved through the input that they give. The structure is critical in ensuring that the company
focuses on the different projects that they have been laid out so that people are aware of what to
expect at a given time. The strategy is to ensure that the managers are in a position to oversee the
different projects and give the tasks to the employees that help in the different implementation
process.
The form of management that the company uses is the popular one where the
management recognizes the importance of having employees in the decision-making process. It
ensures that the decisions made have to be vetted by them for the implementation process to be a
success. The employees that are involved in research and development are considered to be the
essential part of the business as they assist in finding out the needs of the clients that helps lay
down strategies towards the same. The style of management ensures that there are solutions to
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those complex situations that are present in the organization (Jung & Kim, 2014). The method
helps in improving work quality and satisfaction towards the certain conditions. Employees are
also motivated to bring in new ideas that ensure that the company achieves its objectives.
Role of Structure, Management, and Leadership
The organization structure is critical in ensuring that the organization functions well. It
provides that proper decisions are made and that there is flexibility in how the organization
carries out its operations. It helps in defining the roles of the employees and the responsibilities
that they are supposed to conduct. It also improves the communication process of the company
where there is authority distribution to the different employees, and this makes sure that they are
aware of the responsibilities that they should undertake at a given time (Kareem, 2016). The
departmental leaders are also in a position to communicate how their departments are
performing. The structure of the organization also helps in evaluating the performance of the
employees as the skills of the employees are well known, and they ensure that the workers are in
good terms with the others.
The management will play an important role where it will make sure that they pay
attention to the contribution of every employee. They are aware that the input of the employees
is considered in making meaningful decisions regarding the projects that the company is
undertaking. It is the management style that the organization achieves its goals as there is a
command in place that holds people responsible for their actions. It is also possible to come up
with solutions for the problems that exist and ensure that there are policies and regulations in
place (Kareem, 2016). The kind of leadership that the organization will employ will help in
making the employees comfortable in the organization and the creation of a culture where they
can answer the different questions that are presented. They ensure that the employees remain
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motivated to carrying out their tasks and ensuring that they are satisfied with the various policies
that the company has put in place. It also ensures that their remuneration is satisfactory.
References
Goreva, N., Mishra, S., Draus, P., & Caputo, D. (2016). Impacts of Organizational Structure and
Business Processes on Effective Security Governance in Healthcare Organizations.
Proceedings For The Northeast Region Decision Sciences Institute (NEDSI), 1-12.
Jung, C. S., & Kim, S. E. (2014). Structure and Perceived Performance in Public Organizations.
Public Management Review, 16(5), 620-642. doi:10.1080/14719037.2012.743576
Kareem, J. (2016). The Influence of Leadership in Building a Learning Organization. IUP
Journal Of Organizational Behavior, 15(1), 7-18.
Nobuo, T. (2016). Strategy and Structure Follow Technology: A Spinout Proposition of J. D.
Thompson’s Organizations in Action. Annals Of Business Administrative Science, 15(1),
15-27. doi:10.7880/abas.0150810a
…
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