Answer to Question #225395 in English for teko

Question #225395

4.1 As a public relations practitioner responsible for strategic planning of a TVET college in the Limpopo province, explain to management the difference between a strategy and planning. (2)

4.2 As a public relations practitioner at a public relations company in Gauteng province, describe the different forms of a strategy. (4)

4.3 You are a public relations manager at a mining company in Kimberley in the Northern Cape province. Explain to the board of directors the meaning of “strategic management” and the process involved. (3)



1
Expert's answer
2021-08-12T09:07:30-0400

4.1 Strategy is about understanding your environment and making choices about what you will do. Planning is about making choices about how to use the resources you have and the actions you will take to achieve the choices made inside your strategy.


4.2 Business Strategy. The first of the three types of strategy is Business. It is primarily concerned with how a company will approach the marketplace - where to play and how to win.

Operational Strategy. The second of the three types of strategy is Operational. It is primarily concerned with accurately translating the business strategy into a cohesive and actionable implementation plan. Operational Strategy answers the questions.

Transformational Strategy. The third of the three types of strategy is Transformational. It is seen less often as it represents the wholesale transformation of an entire business or organization.

This type of strategy goes beyond typical business strategy in that it requires radical and highly disruptive changes in people, process, and technology.


4.3 Strategic management refers to a branch of management that deals with an organization's strategic objectives. This may include the development of the organization's vision, outlining its operational objectives and coming up with and implementing the organization's strategies.

Process involved in strategic management are:Planning, Execution and Monitoring Developments & Progress.




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