Until 2011, Terry Leahy was the Chief Executive Officer (CEO) of Tesco, one of Europe’s largest grocery stores, and he was considered to be a good leader.
Posts tagged as “strategy”
After deciding on the future direction of the business, its vision and mission, aims and objectives, the business must now conduct strategic implementation.
Strategic choice refers to choosing the option to get where the business wants to be from previously identified opportunities.
Strategic Analysis refers to analyzing where the business is now by looking at its current situation, and where it aims to be in the future.
In general, corporate strategy is how the business gets from where it is to where it wants to be in the future. It requires making the key decisions.
Strategy is important in business organizations of all sizes ranging from commercial for-profit-only businesses to social not-for-profit business organizations.
While stakeholders in a business organization have a use for the published Final Accounts, different stakeholder groups have unequal access to information.