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Thursday, August 13, 2009

Root Step 4- Segregate the problematic areas to the Strategic Management:

This is part of a series of posts I wrote in October 2008 concerning the arrival of the Global Recession...


Root Step 4- Segregate the problematic areas to the Strategic Management:


Once the research is looked upon and the various issues and problems and probable solutions have been analysed, it can now be broken up based on the company’s portfolio and each division can be passed on to the respective Strategic Management heads who can take on from there. Each of them can be responsible for the division they work in. They can further probe into the problem concerning their department and come out with different ideas so as to solve the problems they are facing. Maybe there may not be a solution but at least strategies to minimise the issues can be found out. This is where they can use their experience and expertise to come out of the box with some really creative and innovative thinking to see that the ship sails smoothly during the raging storms and not abandoning it.

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