Учебное пособие: Management of organization

3. Strategic management effectively

c) are more decentralized today. 4.Strategy formulation and implementation d) merges strategic planning, implementation, and control.

Exercise 4. Open brackets choosing the right words:

Problems (predicted/encountered) along the way should be detected by the strategic control or by ongoing evaluation and (subjected/implemented) to corrective action.

The speaking module

II. Speaking Exercises:

Exercise 1. Describe strategic management, strategic thinking,result-oriented strategic plans, time series forecasts, event timing forecasts

using the suggested words and expressionsas in example:

strategic management

ensuring, ongoing, environment, competitively, fit, ever-changing, implementation

example:

Strategic management is defined as the ongoing process of ensuring a competitively superior fit between the organization and its ever-changing environment. Strategic management effectively merges strategic planning, implementation, and control.

strategic thinking

interdependencies, planning, ability, synergy, cycles, tools, environment, look ahead

result-oriented strategic plans

downward, when, operational, translated, what, shorter-terms, how, intermediate

time series forecasts

values, intervals, determine, sequence, fixed, seek, future, at

event timing forecasts

occur, event, given, predict, if ever, will

Exercise 2. Ask questions to the given answers:

1) Question:

Answer: Strategic management effectively merges strategic planning, implementation, and control.

2) Question:

Answer: Popular forecasting techniques among today’s managers are informed judgment, surveys, and trend analysis.

3) Question:

Answer: Event outcome, event timing, and time series forecasts help strategic planners anticipate and prepare for future environmental circumstances.

The writig module

III. Writing exercises:

Exercise 1. Complete the sentence with the suggested words:

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