STRATEGIC PLAN

Individual Strategic Plan

Individual Strategic Plan

Strategic Management is one of the functions of management applies to long-term goals and actions of the company. Formulation of You Inc. strategies and its precise tools are the core of government and a major sign of good management of the company. Strategic Management at the You Inc. develops and implements actions leading to a long-term excess performance of the company above its competitors.

Mission

“To give the best working environment, which promotes the integrity of the employees?”

Vision

“To achieve the 20% market share in the next four years through adopting the best management and recruitment strategies”

Environmental Scanning Factors

Political Factors

Political factors for the You Inc. in terms of human resource management will be to adhere to the equal employment opportunity rules and diversity management. In order to have the competitive advantage over the competitive firms it's vital for the You Inc. to consider the various governmental regulations and policies.

Economic Factors

The Economic steadiness of the country furthermore has a foremost influence on the procedures of an organization. If inflation is not kept reduced then it becomes progressively difficult for buyers to buy non-essential items and services and lower choices are searched thereby expanding cost competition.

Socio/Cultural

When the living Socio/Cultural environment inside a country is leveraged by another country's socio/cultural norms and subsequently commences developing likewise, then the general populace's buying customs too start to evolve.

Socio cultural which is the one of general environment furthermore influence the manager's actions. Managers should acclimatize their practices to the altering anticipations of the society in which they operate (Paauwe, 2009).

Technological Factors

With the fast accelerate of expertise arrives fast alterations of the environment that lives out-of-doors an organization. Cost savings due to automation, expanded client friendliness, lesser and much quicker apparatus and other apparatus that make advance the general value ...