Strategic Choice Essay Example | Topics and Well Written Essays - 1000 words

Strategic Choice - Essay mannikinGrowth relates to each and every employee at the workplace. The development in the quality of existing employees skills and the quantity of practiced workers leads to overall organizational growth. The most precious asset that a company whitethorn cherish is its employees and it take to be seriously concerned with all issues that may dissatisfy, frustrate or depress them. Without happy employees, no system is going to work and no progress will be seen in the long run. This constitution discusses what alternative my organization (Human-Care.org) must realise to realize growth and what strategy or combination of generic and grand strategies it must implement in order to improve its organizational growth. Alternative Strategies Leading to organisational GrowthHuman-Care.org pursues its organizational growth, growth stages and the directions in which the company is going in a variety of ways. Yet, it is undergoing any(prenominal) troubles regardin g guiding itself and its labor through periods of growth. It is having problems with maintaining control over resources and workforce. There are legion(predicate) recommendations and alternatives that it needs to consider to chase the course of its growth at every stage. Some of these strategies are discussed below1.New Markets and send Consumers... 2. New Services The organization should also try to offer new services to the consumers apart from but recording and filing their complaints. When it will expand its offers to the clients, it will automatically attract more clientele and piss its repertoire in the market and among the competitors. Implementation of new products and services is recognized as a epochal way leading to organizational growth. 3. Looking for External Financial Resources We are focusing significantly on increasing the finances because we know that the organization will need funds to support its expansion in terms of employees and resources. A productive wa y to increase this funding is to look for external financial resources which may be in the form of monitory support from investors, partnerships, banks, and other government and private companies that may requirement to acquire the organization and fund it. This funding will help the company in designing and implementing much(prenominal) generic and grand strategies that ensure its growth. Growth Strategies for my Organization A strategy means a design that guides an organization through a process or from one state to another. A growth strategy is the plan that the organization uses to broaden the scope of its business by expanding its consumer group. The objective of such a strategy is to improve the organizational growth while balancing the resources at the same time. Although there are many kinds of growth strategies that firms use like merger, colligation venture, acquisition, and strategic alliance, I would recommend that Human-Care.org must use the joint venture and strate gic alliance strategies to enhance its organizational growth.