All organizations must have a strategy for planning and moving their teams forward. The Statement of Strategic Direction is the primary outcome from the situational assessment. The statement of strategic direction includes four elements (listed below). Select one of the elements and explain why you feel it is important to the strategy of an organization.
Four elements:
1.The competitive logic that describes the organizations market position and customer tiebreakers, or the business model for gaining competitive advantage;
2.The financial and rallying goals that will direct an motivate members’ behavior;
3.The organization design that will structure and link members to work activities, each other and company values; and
4.The action plan that includes strategic initiatives and specific steps for implementing the strategic system.
Sample Solution