Strategic Management Assignment Essay Example | Topics and Well Written Essays - 2000 words

Strategic Management Assignment - Essay Example b) In the case of a university of your choice, state what you believe to be their core competences and how they show themselves to their several stakeholders. Â  (15 marks) In the pursuit of its mission, all universities must be committed to holistic development of human being and to uphold truth, virtue, character formation, personal integrity and academic excellence. All universities for that matter must have its vision, mission and statement of purpose. They must all have competencies in administration, instruction, research and extension services. This is true to all universities who are mandated to follow and maintain accredited standards and rules that are set by government to ensure that they will perform and function in accordance to constitutional, legal and executive orders. Universities, as center for excellence, should not only be perceived of its educational services but also as a melting pot for tourism, sports, arts, humanities and culture. It’s a social struct ure which helps the country develop human resources to contribute for development, peacebuilding, understanding an appreciation of diversity, and as resource-engine for national growth. The measure of its performance achievement is the number of students who passed and top the bar, government licensure examinations, and its contribution to social developments through research and extension of services. The academe’s competencies provide an integrated approach and system for quality education to promote national identity, cultural consciousness and moral integrity. Graduates of these universities are human resource supply to required regional and national manpower for national development. It must also pioneer in research and extension to lead economic upliftment of communities so that people will lead superior lives. In addition to its traditional function, universities should promote and accelerate integration of graduates to the mainstream of national body politics. Hence, it must also actuate as tool for national policy formulation in addition to its traditional function as an institution of higher learning. Question 5 George Hull is the Chief Executive of a growing industrial company developing and marketing its own products for the brush making machinery, government defense and mobile phone industries in UK. Until now, Hull has organised the company on Functional lines but is having doubts that this structure will serve his new strategy for growth in each market sector. a. What is a Functional organisation and what advantages and disadvantages do you believe this structure possesses when looking to further grow the business. (10 marks) Functional organization emphasizes the role of top positions throughout the business structures to deal with business’ problems and its functional authority restricts itself to guide all departments to ensure performance quality and uniformity in its operations. Often authorities are specialists appointed to m anage relevant or key positions. For instance, a managing director or marketing director is designated to