StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Nobody downloaded yet

Effectiveness and Failure of Strategic Management Tools - ANOVA - Case Study Example

Cite this document
Summary
The paper ' Effectiveness and Failure of Strategic Management Tools - ANOVA" is a good example of a management case study. While acknowledging that SWOT is, like any other tool, subject to being adversely affected by poor or incomplete information, the managers generally gave it high marks for its usefulness as a tool to gather and impose some basic organisation on required informational inputs…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful

Extract of sample "Effectiveness and Failure of Strategic Management Tools - ANOVA"

Download file to see previous pages

The paper ' Effectiveness and Failure of Strategic Management Tools - ANOVA" is a good example of a management case study. While acknowledging that SWOT is, like any other tool, subject to being adversely affected by poor or incomplete information, the managers generally gave it high marks for its usefulness as a tool to gather and impose some basic organisation on required informational inputs. Another aspect of the SWOT Analysis that seems to appeal to Saudi firms is its relative simplicity; many managers cited frustration with the lack of familiarity amongst their firms’ employees with more complex tools but did not perceive the same difficulties with SWOT. The pattern of usage appears to be that SWOT can be used at any level of the firm – thus increasing participation in the planning process – to gather a broad range of information in an organised way; this information is then sifted to extract the priority inputs to whichever of the two main SMTs (CSF or BSC) the firm is using.

8.3.6 To what extent does the organisational context contribute to the effectiveness or failure of strategic management tools?

As Gunn and Williams (2007: 212) observed, the results of studies of this nature support the assertion that in order to understand managers’ decision-making choices and processes, the environment in which the managers make their decisions must be understood. This was the objective of the sixth of this study’s research questions, “To what extent does the organisational context contribute to the effectiveness or failure of strategic management tools?” Gunn and Williams (2007) suggest, however, that organisational context alone does not provide a complete understanding, but that the relevant personal characteristics of the manager – educational attainment, career experience, and even cultural orientations – all play a role.

That is a reasonable assumption, but one advantage to a study of the nature of the current one is that defining the scope of the study to a particular cultural environment and a particular – albeit still large and diverse – a subset of organisational types, i.e., exchange-listed firms removes some of the variability amongst individual managers.

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Effectiveness and Failure of Strategic Management Tools - ANOVA Case Study Example | Topics and Well Written Essays - 5750 words, n.d.)
Effectiveness and Failure of Strategic Management Tools - ANOVA Case Study Example | Topics and Well Written Essays - 5750 words. https://studentshare.org/management/2040590-related-to-the-following-chapter
(Effectiveness and Failure of Strategic Management Tools - ANOVA Case Study Example | Topics and Well Written Essays - 5750 Words)
Effectiveness and Failure of Strategic Management Tools - ANOVA Case Study Example | Topics and Well Written Essays - 5750 Words. https://studentshare.org/management/2040590-related-to-the-following-chapter.
“Effectiveness and Failure of Strategic Management Tools - ANOVA Case Study Example | Topics and Well Written Essays - 5750 Words”. https://studentshare.org/management/2040590-related-to-the-following-chapter.
  • Cited: 0 times

CHECK THESE SAMPLES OF Effectiveness and Failure of Strategic Management Tools - ANOVA

Analyzing the Learning and Development Strategies of an Existing Organization Wal-Mart

The use of effective strategic tools can help firms to increase their competitiveness towards their rivals and secure their financial performance.... However, the success of these tools is not guaranteed; adverse market conditions, lack of adequate communication, and high resistance to the attempted changes can lead the plans of organizations to fail.... Still, there are certain strategic tools, which have been proved quite effective in enhancing financial performance....
17 Pages (4250 words) Case Study

E-Communications in Integrated Marketing Communication

The particular feature can have many different forms, the most common of which are: Online PR, Search Marketing, Online Partnerships, Internet Advertising, E-mail marketing and so on (see also, E-Communications tools, 2007).... On the other hand, it should be noticed that the effectiveness of the type of e-communications chosen in each case depends on the structure of the market and the demands of the consumers as they have been identified through an appropriate marketing research....
9 Pages (2250 words) Essay

Strategy management

In fact, crafting is characterized by the detailed review of organizational problems, allowing for more precise managerial decisions compared to common methods of strategic decision making, where there is the risk of generic assumptions.... This advantage of crafting towards other methods of strategic decision making is made clear through the following statement of Mintzberg: manager as a craftsman ‘has to craft his strategy as a potter has to manage her craft' (Mintzberg 1988, p....
12 Pages (3000 words) Literature review

The Utilization of Operations Management Tools and Techniques

This paper ''The Utilization of Operations management tools and Techniques'' tells us that some production companies do not mention their quality management openly, but they engage in some of the best product creation and distribution strategies thus still able to achieve the best competitive edge.... ong (2013) clarifies that by embracing other quality management techniques, the business should consider additional tools and techniques besides the concepts that are essential to translate the feelings of the customers positively towards the products of an organization....
12 Pages (3000 words) Essay

Strategic Management - Ryanair

This paper, strategic management - Ryanair, outlines that one of the main characteristics of modern market is the rapid development of all industrial sectors under the influence of the technological innovations and the strong competition among firms that operate in all industrial areas.... According to the study, managers in modern organizations should focus on the increase of the effectiveness of strategic plans referring to all industrial activities taking into account the resources available but also the market trends (as indicated in the customer needs within a particular market or in the international market)....
15 Pages (3750 words) Research Paper

Organizational and Technical Issues in the Management of Information Systems

Good practices include the use of tools for improving system effectiveness and efficiency.... Appropriate tools and practices are required for the successful management of information systems.... This paper, Organizational and Technical Issues in the management of Information Systems, stresses that IS help organizations become competitive.... This includes consideration of stakeholder views, prudent management practices, collaboration, and communication....
14 Pages (3500 words) Research Paper

Strategic Planning and Management Choices

This chapter presents a detailed discussion of the study's findings presented in the preceding Chapters 6 and 7, organised into two main areas: First, a detailed examination of the results as they apply to each of the six research questions presented in Chapter 1; second, a further in-depth discussion of the results of the tests conducted to explore the relationships between the perceived effectiveness of strategic management tools, types of strategic management tools, and firm types....
22 Pages (5500 words) Assignment

The Use of Strategic Management Tools

This research paper "The Use of strategic management tools" focuses on the strategic management tools used by the firms and assesses those tools' effectiveness.... Managers' opinions about the general effectiveness of strategic management tools were overwhelmingly positive.... The use of strategic management tools was widespread among the surveyed firms, with only 6.... Al Ghamdi's 2005 study of SMT use among Saudi firms found that the use of strategic management tools was related to firm size and ownership....
14 Pages (3500 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us