STRATEGY FORMULATION AND EXECUTION
1 Define the components of strategic management and discuss the levels of strategy.
Strategic management is the set of decisions and actions used to formulate and implement
Chapter 3 Review
Corporate culture (pg. 89)
a. Shared system of values
b. Values expressed by leadership
Customers are the final deciders (pg. 75)
a. Customer drive the marketplace
b. Managers stay on top of market tendencies
College of Business
MGMT 3325.151: Human Resource Management & Procedures
Fall 2016 (August 22nd December 3rd)
Wednesdays, 2:00 pm 3:15 pm; Room 131
Course Web Site: http:/tamusa.blackboard.com/
Adrian B. Guardia PhD, SHRM-SCP, SPHR
Research & Analysis (RA1): Adverse Impact
Description: This assignment presents the student with the opportunity to conduct an analysis on the
workforce for InterGalactic Financial Services (a fictitious company) at the end of the recent calendar
Two things that impacted business most
b. Pace of technology always changing , always innovating, dynamism
i. Need to be selective
Little to no brand loyalty
Chapter 2: Management Thinking
a. Max Weber (pg 45)
b. The Ideal Bureaucracy
i. Division of Labor,
ii. Organized Hierarchy
iii. Manager Accountability,
iv. Management separate f
Chapter 4 The Environment and Corporate Culture
Globalization (pg 114)
o Environment is changing every day, must be adaptable.
o What are the changes and how are they going to affect me?
o Government influence over consumer activity.
Chapter 5 Managing Ethics and Social Responsibility
Ethics vs. Morality
o Morality comes from God, ethics is more of a personal code of conduct.
Suppliers, consumers, investors all interested in the ethics of your company
Various approaches to ethics