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Accounting and Finance Management PAC Professional Development Publishing

Thinking about strategy is an opportunity to be creative, to understand a business and its environment better, to pull together employee knowledge and to begin a learning process. It also offers a business a chance to change things.

An effective strategic plan stimulates surges in change, direction and performance, whether the pressure for change comes from internal options and knowledge or from outside a business.

As a manager you need to know about strategy in order to contribute to the process of deciding what the organisation is trying to achieve and how it will do so; to communicate strategy to your team and make it meaningful in the context of their work in the form of team and personal objectives.

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See also:
Managing High Performing Teams
Managing from within the Team
Leadership Skills
Problem Solving
 



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