which of the following is involved in a companys plan to meet its stategic goals
changing managers the plan to stakeholders
marketing the plan to stakeholders/
spending money to implement the plan
assigning subgoals to departments
All of the following are involved in a company's plan to meet its strategic goals:
- Changing managers: The company may need to change or reassign managers in order to align their skills and expertise with the strategic goals of the company.
- Marketing the plan to stakeholders: This involves communicating the strategic plan to stakeholders such as employees, investors, customers, and suppliers. It is important to gain their support and understanding to ensure successful implementation.
- Spending money to implement the plan: Implementation of a strategic plan often requires financial investment. This may involve allocating budget for various initiatives, such as technology upgrades, research and development, marketing campaigns, or hiring additional staff.
- Assigning subgoals to departments: To effectively execute the strategic plan, it is necessary to break down the larger goals into smaller, specific objectives for each department or team within the organization. This helps to align everyone's efforts towards achieving the overall strategic goals.
Assigning subgoals to departments is involved in a company's plan to meet its strategic goals. This step involves breaking down the overall goals into smaller, actionable targets that individual departments or teams can work towards. It helps in aligning the efforts of different departments towards the organization's strategic objectives.
Out of the options provided, the one that is involved in a company's plan to meet its strategic goals is "assigning subgoals to departments."
To arrive at this answer, we need to understand the concept of strategic planning and goal alignment within an organization. When a company creates a strategic plan to guide its actions and achieve its long-term objectives, it usually involves breaking down these overarching goals into smaller, more specific objectives that can be assigned to different departments or teams. This process is known as goal alignment or cascading goals.
By assigning subgoals to departments or teams, a company ensures that each unit within the organization has specific targets to achieve that contribute to the overall strategic goals. This approach helps create clarity, focus, and accountability throughout the organization.
Changing managers, marketing the plan to stakeholders, and spending money to implement the plan may all be important aspects of an organization's operations and strategic execution. However, the directly relevant activity related to strategic goal attainment, as mentioned in the question, is assigning subgoals to departments.