Organizational Strategy - Able Corporation Bought Out by Walden, Inc
Confronting the president of Able Corporation will be a little intimidating. The first item on the agenda will be why the existing strategy is not working. The president needs to be able to explain why the strategy is not working or he/she will not see the need for change. It is better that it comes from his/her mouth and not mine. He may mention financial loss, lack of support from upper management, or employees are not in alignment with the existing strategy. Either way, he must understand why the strategy needs to be changed.
In order to create a new strategy we need to know what Able Corporation's goals are. The president and I will brainstorm on the mutual factors that could lead to a new strategy. A short-term goal would be to improve customer service while a long-term goal would be to replace existing products with new ones. Once we have come up with a new strategy, we will discuss how to implement it.
The president will play a very important role when the new strategy is implemented. Employees will look up to the president for support and direction. Therefore, it is vital that everyone agrees on the new strategy and works together to obtain the goals of the organization. The president will model the expected behavior, as he/she is the lead example.
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