If managers are effective leaders, their subordinates will be enthusiastic about exerting effort toward the attainment of organizational objectives. .
5. Controlling over the system management :- Controlling involves ensuring that performance does not deviate from standards. Controlling consists of three steps, which include establishing performance standards, comparing actual performance against standards, and taking corrective action when necessary. Performance standards are often stated in monetary terms such as revenue, costs, or profits, but may also be stated in other terms, such as units produced, number of defective products, or levels of customer service. .
Conclusion :- Strategic management has developed from strategic planning which was concerned with how to plan for the use of the organisation's resources to pursue long term objectives. Planning, implementation and control should be integrated into the complete process of strategic management. The supermarket chain ASDA pursuing cost leadership strategy aim to keep their total costs lower than those of their competitors. It has led campaigns to overcome what it sees as price fixing in trademarked goods, pharmaceuticals and fragrances. To achieve overall objectives of the company it focuses on the effective human resource management.
2.1 Explain the importance of effective quality management in achieving organizational objectives.
Definition of Quality Management.
The act of overseeing all activities and tasks needed to maintain a desired level of excellence. This includes creating and implementing quality planning and assurance, as well as quality control and quality improvement. It is also referred to as total quality management (TQM). - I.N.Jacobs(2003) -.
Quality management can be considered to have four main components: quality planning, quality control, quality assurance and quality improvement. Quality management is focused not only on product/service quality, but also the means to achieve it.