What’s Strategic Business Unit? Definition Of Strategic Business Unit, Strategic Business Unit Meaning
So, for example, if your organizational goal is to extend earnings but your product has already saturated the market, you solely have one or two choices (e.g., diversify). When you set your overarching strategy— even when it’s something pretty obscure, like improve earnings — you give all your staff a standard objective to get behind. That creates alignment within departments and all through your group .
This course may also rely toward MIT Sloan Executive Certificate requirements. You visualize your objectives, measures and targets, measure programs, and action objects in a Hoshin Planning matrix. Four directional quadrants inform one another …