Developing a business strategy is an essential element for every organization and organizations should stress a lot in developing proper business strategies so that they would succeed in both the short and the long run. Strategic planning and analysis are considered core elements of a business strategy. In this paper, the problems that are associated with a consensus are addressed and the strategies for resolving the differences are devised.
The issues in reaching a managerial consensus are quite wide and varied and the core issues of Able Corporation are its weak financial position, losses in the market, and diminishing market share. Similarly, certain managers might focus on research and development while others would stress strengthening up the marketing capabilities of the organization. Moreover, some employees and senior managers might believe that since the operations of the organization are not viable therefore the entire organization in the first place should focus on the operational strategy of the organization. Therefore, it can be said that the difference of opinions might develop issues in reaching a consensus. The senior management of an organization must initiate a single strategy that would benefit the organization in both the short and the long run and all the employees must follow the single strategy. The difference of opinion would definitely affect the performance of an organization. Lack of planning and analysis can lead to a difference of opinion and this must be resolved if an organization has to achieve its goals in both the short and the long run.
The difference in an organization as far as strategy implementation and planning is concerned can be resolved in a number of ways. In the scenario of Able Corporation, the senior members must decide on a single strategy for the benefit of the organization because the organization is facing heavy losses and financial constraints. The difference can be resolved when proper communication channels are developed in an organization (Olsen, 2006). Similarly, in such a ghastly situation the organization must develop strict controls and unity of command must prevail in the organization. Empowering the employees of such an organization can also be a viable strategy in this scenario. The employees of all the departments might chip in with their ideas and they might brainstorm for the benefit of the organization. Similarly, presenting a strong point properly might also resolve the conflict in an organization (Bechet, 2008). Moreover, a strong and realistic mission and vision statement can be considered as an essential element in resolving conflicts in an organization.
Therefore, it can be concluded that as the director of strategic planning and analysis I would change the mindset of senior managers through proper communication that we should invest in innovative products and then develop sustainable competitive advantage which cannot be copied by our competitors. Therefore, emphasis must be laid on resolving the conflicts and a single strategy must be developed through consensus and this would enable the organization to achieve its goals. Emphasis must be laid on the above strategies in resolving the conflicts. The aftermaths of not reaching a consensus must be conveyed to the employees and emphasis must be laid on developing a strong mission and vision statement for the benefit of the organization.
References
- Bechet, T. (2008). Strategic Staffing: A Comprehensive System for Effective Workforce Planning. AMACOM.
- Olsen, E. (2006). Strategic Planning For Dummies. For Dummies.