Strategic Intent, Strategic Plans, and Corporate Challenges

            Strategic intent is the philosophical base upon which an organization’s strategic management process is built. It is a statement that provides or explains the perspective of the means through which an organization will reach its vision in the long run (Hamel & Prahalad, 2010). Strategic intent explains what an organization is trying to accomplish. An organization’s strategic intent provides a sense of direction about the long-term competitive and market position of the organization, a sense of discovery since it explains the organization’s promise to its stakeholders, and provides a sense of destiny or a goal around which all energies and strategies will be focused.

Don't use plagiarized sources. Get Your Custom Essay on
Strategic Intent, Strategic Plans, and Corporate Challenges
Get a PLAGIARISM-FREE custom essay written for you!
Order Essay

Verizon’s strategic intent is to grow the organization through the expansion of operations outside the existing markets. Such expansion entails the provision of wireless telecommunications services and smartphone devices outside the United States. The strategic intent is phrased in a way that captures the essence of winning – the expansion of operations outside the United States is the win for the company. The company’s strategic intent is documented on the company’s official website and explained to employees through bulletins and official communication through emails.

            To ensure that the strategic intent remains stable over time, the management of the company keeps updating the employees and other stakeholders on changes in strategies and policies, as well as informing them on the progress made by the company towards the achievement of the strategic intent. To encourage strategic intent, challenges such as achieving market growth in developing countries and improving the quality of wireless communications services provided to attract customers can be set for the next year (Mantere & Sillince, 2007). Strategic planning can hamper strategic intent, as it is only through the implementation of proper strategic plans that strategic intent is fulfilled. With poor strategic plans, an organization cannot achieve its strategic intent (Hamel & Prahalad, 2010).

References

Hamel, G., & Prahalad, C. K. (2010). Strategic intent. Harvard Business Press.

Mantere, S., & Sillince, J. A. (2007). Strategic intent as a rhetorical device. Scandinavian Journal of Management, 23(4), 406-423.

Homework Paper
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Our Advantages

Plagiarism Free Papers

All our papers are original and written from scratch. We will email you a plagiarism report alongside your completed paper once done.

Free Revisions

All papers are submitted ahead of time. We do this to allow you time to point out any area you would need revision on, and help you for free.

Free Title-page

A title page preceeds all your paper content. Here, you put all your personal information and this we give out for free.

Free Bibliography

Without a reference/bibliography page, any academic paper is incomplete and doesnt qualify for grading. We also offer this for free.

Originality & Security

At Homework Sharks, we take confidentiality seriously and all your personal information is stored safely and do not share it with third parties for any reasons whatsoever. Our work is original and we send plagiarism reports alongside every paper.

24/7 Customer Support

Our agents are online 24/7. Feel free to contact us through email or talk to our live agents.

Try it now!

Calculate the price of your order

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

We work around the clock to see best customer experience.

Pricing

Flexible Pricing

Our prces are pocket friendly and you can do partial payments. When that is not enough, we have a free enquiry service.

Communication

Admission help & Client-Writer Contact

When you need to elaborate something further to your writer, we provide that button.

Deadlines

Paper Submission

We take deadlines seriously and our papers are submitted ahead of time. We are happy to assist you in case of any adjustments needed.

Reviews

Customer Feedback

Your feedback, good or bad is of great concern to us and we take it very seriously. We are, therefore, constantly adjusting our policies to ensure best customer/writer experience.