METHODS OF FORMING THE EFFECTIVENESS OF STRATEGIC MANAGEMENT

The article addresses the company's approach as a whole, moving from the company's overall objectives and planned outcomes to the goals and results of each group, each person, and vice versa - from individual performance to the company's overall outcome. Any business operates with a s...

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Bibliographic Details
Main Author: Abdullayeva, Irada
Format: Conference Proceeding
Language:English
Subjects:
Cigarettes
Consultancy services
Efficiency
Politicians
Reputations
Smoking
Strategic management
Strategic planning
Strategy
Success
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Summary:The article addresses the company's approach as a whole, moving from the company's overall objectives and planned outcomes to the goals and results of each group, each person, and vice versa - from individual performance to the company's overall outcome. Any business operates with a specific strategy that is required to build the company's activities in accordance with long-term general plans, with a specific current scenario and specific performance results. The success of the current campaign is greatly influenced by the team's clear policies. For example, one of the consultancy firms developed a strategy of not collaborating with businesses interested with alcohol and cigarettes, reducing the circle of possible clients and eliminating very lucrative customers. This, of course, decreased the firm's current economic performance, but improved the social efficiency that the firm prioritizes over immediate outcomes, improving the firm's reputation. Politicians don't only restrict and guide the organization's operations; they also minimize potential options to activities that can be monitored, analyzed, and chosen as the most efficient.
ISSN:1849-6903
1849-6903