Saturday, December 21, 2019

Strategic Leadership And Decision Making - 1454 Words

Introduction McCain Foods is a potato manufacturing company founded in Canada in 1957 by Harrison and Wallace McCain. Currently, there are 41 sites on six continents employing 3,600 farmers and 17,000 other workers across the world (McCain, 2015). McCain has had several external environmental factors affecting their business including social, legal, economic, political, and technological forces that they have had to overcome and adapt to. Due to these factors, McCain has had numerous opportunities and threats that affect business strategy, philosophy, and initiatives. The volatility, uncertainty, complexity, and ambiguity of strategic planning and decision making and how it affects McCain’s strategy will be discussed below to show how McCain is handling changes in the environment and their business outcomes. McCain’s response to the external environment is important for their success in business and competition within the food industry. External Environment Strategic leadership and decision making occurs first with an assessment of the external environment. â€Å"Strategy can be compared to a plan, except it is broader in scale, long term in nature, and surrounded by more uncertainties† (Fernandes, 2009). Successful decision making and assessments can shape an organizations strategy to better accommodate for threats, opportunities, strengths and weaknesses. Strategic leadership and decision making are important qualities to have in a leader. Therefore, following the SLEPTShow MoreRelatedLeadership And Strategic Decision Making1667 Words   |  7 PagesLeadership and Strategic Decision-Making in Social Movement Organizations Introduction Throughout history, social movement organizations (SMO) have been actively involved in their community’s seeking to mobilize others and gain resources in order to achieve their goals. 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