solving experimenting with new approaches learning from their own experience

Solving experimenting with new approaches learning

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solving, experimenting with new approaches, learning from their own experience and past history as well as from the experience of others, and transferring knowledge quickly and efficiently throughout organization. Top-down strategic management assumes that only top management is in a position to contribute to strategic planning. This approach can work reasonably well in bureaucrat origination with very little horizontal communication. And top-down planning forces all units to get involved in planning process and makes sure that all unites fit into overall corporate mission, objective, strategies, and policy. 6. Why are strategic decisions different from other kinds of decisions? The strategic decision-making is deal with the long-term future of an entire organization and have three characteristics are rare, consequential, and directive. Compere with other type of decision, Strategic decisions differ from other kinds of decisions because they are broad in scale, resource intensive, long term in nature, and surrounded by uncertainties. Strategic decisions are rare and usually have no precedent to follow, they are significant, resource intensive and require a lot of commitment at all levels. In addition, strategic decisions set the standard upon which lesser decisions and future actions are based.
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  • Winter '17

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