Management expert explains why many managers were unprepared for this crisis and what they can learn from air traffic controllers and pilot. Fredmund Malik, famous management expert, consultant, and bestseller author , publishers effective management in the world of big transitions ” knows very well what has been of interest to top managers in recent
Defining a vision is difficult for every organization, but it is much more difficult to formulate the right strategy and policy to realize the vision. Below, the experts of the Institute of Strategic Leadership (SLEADER) provide a practical perspective on the connection between vision and strategy, between strategy and policy. This connection is a consistent
Financial services industry during the Covid-19 pandemic By the beginning of April 2020 , many international organizations have analyzed and updated the impact of the Covid pandemic- 19 and building world economic growth scenarios in 2020. According to the base scenario of Citi Research (announced on 7/4/2020), world economy will recession, growth -2 , 3%
Recognizing the decisive role of the strategy for enterprises as the country has developed the market economy for over 30 years and deeply integrated with the world economy, the Institute for Strategic Leadership Development Research (SLEADER) was established with a clear philosophy: The right path, the bright future. Thus, SLEADER has focused on associating with businesses to discover their
Mission is designed to give direction to the organization. A mission is a statement of why each business exists. To define the mission, it is necessary to answer the question “What is an enterprise established and existing for?”. The first thing businesses need to invest in is a carefully written mission statement, before they even
While a company\’s strategies can be great on paper, a strategy can only be useful once it is taken seriously and fully. Too many business organizations are having difficulty connecting between strategy draft and implementation of strategy Every business needs to build an effective strategy, but it is a mistake to think that this is
In the market economy, the term “strategy” is used frequently in the business field and appears with a lot of frequency on the mass media, social networks and in everyday life. However, strategy is not always clearly and accurately understood. A deep concept is not easy to understand, easy to understand is not profound. Below,
In the economy of most countries, small and medium-sized enterprises occupy a very important position and role, considered as “engine of job creation”, as the engine of growth. With a small scale and simple organizational structure, these businesses can flexibly adapt to real changes in time. Germany, a country with a number of small and
Strategy implementation is the stage that plays a decisive role in the success of strategic management. Because vision and mission are not enough, an effective leader must concretize strategic intentions with concrete steps and actions. Furthermore, in fact, the steps and actions in the new rollout reflect the real strategy a business is pursuing. Therefore,
Restructuring or restructuring is an issue that many businesses are concerned about, not only because the restructuring is an urgent requirement for the Vietnamese economy in general and Vietnamese enterprises in particular, but the difficulties Towards, deadlock for restructured enterprises is a “headache” problem for the Government as well as for enterprises. The Strategic Leadership
