Strategy in practice Essay Example | Topics and Well Written Essays - 3000 words - 1

Strategy in practice - Essay ExampleAt this point emphasis should be made to the following situation the scheme is not set by any member of the organization it can be solely defined by the organizations leader (De Wit and Meyer 2010, p.502). Of course, other members of the organization, such as pull back managers, can have a region in the formulation of organization strategy but this role is limited, usually referring to the provision of information for the performance/ problems of their unit (De Wit and Meyer 2010, p.502). When setting the strategy of the organization leading can take into consideration the comments of employees in various organizational departments these comments can affect the organizations strategy only at the level that the leader of the organization will decide (De Wit and Meyer 2010, p.502). The most(prenominal) important characteristic of strategy is the following it refers to all functions and parts of the organization (Toma 2010, p.16-17). approach w as first found in Switzerland in 1866 (Nestle, Organizational website, History). Through the decades the company has managed to expand globally, a strategy that has been followed by the annex of the business objectives/ areas of operations. Indeed, in 1866 Nestle has been solely a milk factory today the business is considered as one of the leaders in the food industry in general (Nestle, Organizational website, History).The strategy of Nestle is incorporated in a graph presented finished the organizational website (Figure 1, Appendices). According to the particular graph the strategy of Nestle is divided into three parts (Organizational website, Strategy) a) the firms Competitive Advantages the R&D department of the organization and its extended portfolio of brands are considered as the firms major advantages, b) the Growth Drivers in this home emphasis is given to the firms reputation as a firm promoting health through its high-quality food products. At the same