HRM 3430 Chapter 1: Strategy Formulation Benefits

• School: York University
• Department: Human Resources Management
• Course: HRM 3430
• Professor: Althea Gordon

Document Summary

Clarity: assisting/aiding in the process of concentration, decision making regarding the allocation/attainment/gaining the required resources, in addition to specific as well as particular materials and items in inventory, stock and etc. Coordinating: every employee is driven by the force of working toward the attainment/achievement of the exact same goals as everyone else. Efficiency: it refers to the everyday decision making process in which it is directed and shifted toward the question of how it can apply to the strategy. Their commitment and performance, productivity, efficiency, effectiveness, innovation, in addition to creativity will all be rewarded back to them. If an organization/business/company doesn"t realize these benefits; they: Are neglectful in providing what employees require in order to facilitate the achievement of the strategy.