Introduction
When it comes to any sort of business, there should always be a strategy. A strategy is a plan that lays out how an organization or an individual can use its resources and achieve the desired results. However, it is obviously challenging to create one and persistently follow it. Several important related points are worth discussing, such as the role of strategy, stakeholders’ response, and motivation.
Lessons from American Airlines’ Business Strategy
Taking into consideration the examples from Stephanie Montgomery’s interview, a few cases of successful use of strategy in American Airlines were mentioned. According to her, it is crucial to establish a strategy that every employee will be involved in and adhere to. It allows the company to work as a team and to improve gradually regarding its economic state. Another aspect of an exemplary strategy is planning and dividing work into smaller sections. It can lead to an even faster workflow and staying organized. It is also important to value the way American Airlines stakeholders react.
Stephanie mentioned the significance of explaining the strategy to them so they could receive their response and work cohesively and effectively. Another critical point is to stay constantly motivated and determined. As Mordue (2021) puts it, “We risk dividing to do very little as we approach ‘our time’ because we are, in reality, ready for a break, and that’s not unreasonable” (p. 139). It isn’t easy to find the motivation to complete a task, especially when there is a possibility to postpone it.
Conclusion
To summarize, there are many meaningful aspects to building a perfect business strategy. It includes the inner strategy function, collaborator communication, and personal determination, among others. In general, strategies can be called effective when they are flexible, suitable for anyone, and adaptable. As can be seen from the American Airlines example, the success of an organization often depends on its productivity and the ability to use it sensibly.
Reference
Mordue, S. J. (2021). How to thrive at work: Mindfulness, motivation, and productivity. Critical Publishing.