strategic direction

strategic direction

deciding, as part of a firm's overall BUSINESS STRATEGY, which business activities the firm should operate in, and where. For example, the firm may decide to specialize in one particular activity (see HORIZONTAL EXPANSION) or it may decide to deepen its involvement in an industry by undertaking VERTICAL INTEGRATION; or it may wish to broaden the scope of its activities by DIVERSIFICATION into new product areas. The geographical markets in which the firm operates also require consideration. Some firms, for example, may choose to operate on a purely local/regional basis, some may establish themselves as national suppliers or as MULTINATIONAL ENTERPRISES supplying markets on a global basis. See PRODUCT MARKET MATRIX, DIRECTIONAL MATRIX.
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A new clause now states the business of the AGM is to establish the overall strategic direction and policy of NZNO.
In the autumn of 2010 Vattenfall announced a new strategic direction for the Vattenfall Group, with a key element of this new strategic direction being a strong focus on operations on core markets and core assets, thereby creating a new strategic direction of financial flexibility and CO2 exposure reduction.
Summary: During their first Annual Meeting on the 14th of May at Geneva Hotel -- Amman, Savvytek family celebrated their rewarding achievements of 2008 and shared the company strategic direction to uphold their current position as a leader in the IT Market in Jordan and the Region.
This is a particularly interesting situation because Rick has been in charge of several mid-sized organizations over his career, is a graduate of the Defense Acquisition University's Advanced Program Management Course, and has taught strategic direction in days gone by.
But perhaps just as essential for organizations is finding ways to effectively communicate a strategic direction to their employees via human resource professionals.
The strategic direction outlined in the plan is based on the needs of the Saudi Arabian armed forces, the mission and vision of USCENTCOM, the aims and objectives of the U.
Information provided for each strategic direction includes purpose, strategic approaches summary, list and description of strategic approaches, and related themes.
At the same time, this is where IABC's greatest vulnerability might also be found -- individual members who might disengage from the discussion about the future of their profession or the strategic direction of their association, or who might elevate their expectations of IABC creating unique products and services to a point that becomes economically counterproductive.
Strategic direction is the core around which a great strategy process is developed.
In this report, a statement of focus for the next three years, within a strategic direction.
Hamsa Thota, the board's mandate is to oversee the association's strategic direction and growth into new global markets and develop ways to improve the effectiveness of its membership.

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