Businesses' Implementation of Corporate/Organizational Strategy

MGT599 Case 3
Your Name
Trident University International
MGT599 Strategic Management
Due Date
MGT599 Case 3
Various business disciplines work together to implement corporate/ organizational strategy effectively. Each discipline plays a unique role that contributes to the overall well-being of the organization. Working with cross-functional teams ultimately helps consolidate the different perspectives for the organization's overall well-being. 
Management and Strategy
           Managers and leaders play a crucial and central role in the effective implementation of corporate/ organizational strategy. They mainly contribute to this implementation by overseeing and facilitating setting goals. They are also responsible for breaking down the set goals and setting strategic plans. Further, managers and leaders are responsible for the proper allocation of resources to be used in the achievement of the set goals. In addition, managers/ leaders provide the guidance and leadership necessary to guide various teams toward achieving organizational objectives. 
Human resource managers also play a crucial role in helping achieve the strategic objectives and implementing the organization/ corporation strategy. There are several ways in which these managers contribute. One of the key roles that managers play is talent acquisition. They help ensure that the best talent is hired. The hiring process is important as it greatly determines the extent to which the implementation of the organizational objectives will be successful. Having the right human resources will play an optimal role in implementing the strategy (Hamid et al., 2022). In addition, human resource managers are tasked with ensuring that employees are constantly trained. The training aims to ensure that employees are up to date with the skills relevant to their tasks. With proper training, employees become more productive, further contributing to the strategy's achievement. In addition, human resource managers carry out performance evaluations to assess the extent to which employees are achieving the goals assigned to them. The performance evaluations help ensure that all employees are optimally working towards achieving business/ organizational goals (Hamid et al., 2022). Implementation of the strategy greatly relies on the achievement of set goals. 
Data Analysis and Strategy
Data analysis plays a crucial role in implementing corporate strategy in the modern business environment. Modern businesses exist within an ecosystem and framework of big data (Shao et al., 2022). there is so much data a business/ corporate can analyze to help guide the corporate decision strategy. Through an analysis of historical and real-time data, it is possible to gain insights that will help in proper strategic decision-making. Collecting and analyzing essential data can help implement the corporate strategy by providing key insights on the best ways to manage existing resources, identifying the most appropriate target markets, and identifying areas for product and operational improvements. With the ability to make informed decisions concerning these factors, a business will have a smooth journey in implementing strategic objectives.&nbs...