Competency 1 Reflection: Analyze the needs of organizations within a changing global business environment.
Respond to the following in a minimum of 500 words:
The global business environment is constantly evolving based on the forces in the general and task environment. In order to sustain the company and maintain a competitive foothold, organization leaders must consistently analyze the global environment and adjust their strategy as needed. Managers play an important role in implementing strategies to achieve a company’s mission and goals.
Consider the four functions of management (e.g., planning, organizing, leading, and controlling). How would you characterize your current or past supervisor’s approach to management? Consider these questions in your response:
Now that you’ve considered the approaches to management, you can focus on the strategy that is affected by the management team. Research a company with stockholder reports available. These reports can usually be found on a company’s website. Use the report to answer the following questions:
Include citations in your response.
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