Topic- Examine the impact of strategic analysis and business ethics on the strategic management process Task Details- Students are required to research and discuss different strategic approaches ( at...

Title : Impact of strategic analysis and business ethics on the strategic management process
Table of Contents :-
1.Executive Summary
2.Introduction
3.Strategic Management Process
3.1 Overview of strategic Management
3.2 Different types of strategic Management approaches
3.3 How these approaches can be used in a business plan
3.4 Nature of Strategic Management process
3.5 Internal and External environmental Factors
3.6 Business Vision and Mission
3.7 Strategic Analysis and Choices
4.Strategic Analysis and Business Ethics
4.1 Overview of Business Ethics
4.2 Impact of strategic Analysis and Business ethics in strategic plan
4.3 Example of Organization and the Impact of strategic analysis and business ethics
4.4 Corporate governance and Business Ethics

5. Conclusion and Recommendations
6. References
1.Executive Summary
This report focuses about how the strategic analysis and business ethics in strategic plan effectively works towards the success of an organization’s goal with their vision and mission accomplishments.Strategic analysis refers to a process where it includes to have entire analysis on a company and different environments either internal or external where the firm is operating and then formulating a strategy for organization’s success ,whereas the business ethics refers to set of policies related to business considering the business should run with an appropriate mechanism and law which govern the entire business
Impact of the both components are very broader way ie strategic plan refers to entire study that how business works so ultimate impact of this analysis to change this effectively so that organization met the set goals,on the other hand business ethics ensures that rules and regulations followed diligently without any negligence
There are different type of strategic plan ie Business Functional and Corporate plans which are having a different strategies for different goals so the nature of all these strategic plans work very smoothly and need advance planning of execution
Overall this report focuses very well on impact of these two functions in an organization in a detailed way by considering all the external and internal environments then defining goal and strategy after which evaluation is done then strategic recommendations is provided
2. Introduction
Strategic management is clearly a complete identification of strategies that managers can take forward to achieve the goal and get a competitive advantage over other organizations.It is a set of desired actions and strategies that results the organization performance very effectively.it gives a broader picture to all the stakeholders specially employees of the company so that they understand the requirement and check how they fit in into organization hierarchy.it defines nothing but the way of managing employees effectively so that they can increase the chances of meeting business objectives,also to identify the possible course of action of businesses to know how the business is performing against the set OKRs
Government poses laws and regulations to control business behaviors to check whether the business is going on,However business ethics is something that beyond government control.Business ethics defines the entire set of values that controls the action of employees in an organization ,basically all it starts with code of ethics that governs standard code of conduct.As a summary business ethics means implementation of different ethical principles and values while doing business
Impact of these two has been very broader ie it helps leadership to implement short term and long term planning that helps in driving business growth and increasing revenue,helps in making decisions whereas impact of business ethics can be stated as develop integrity among employees and at the same time to gain confidence of stakeholders and investors around
Overall these both factors are very essential for formulating business in a very effective way to have the quality improvement and developing trust across different functions of an organization and also essential for every organization to get aligned with vision and mission of the organization
3.Strategic Management Process
3.1 Overview of strategic management
It is a continuous process that talks about the corporates and the related business model in which they are operating.it is all about defining and re framing the operating strategies for the desired goal of business objectives and also for the key executives to show their commitment and performance towards organization,It is a culture of improvement that is required to gain competitive advantage over the competitors ,it is a complex process that includes designing of various plan by keeping in mind present and future objectives of the organization.Different organizations having different strategies and way of working is different for all and that is the reason all the firms using different strategies model to accomplish their ultimate goal.There are three types of objectives that is being met by the organization when they implement the strategic management ie economical,operational efficiency ,and performance driven efficiencies.strategic management is the part of management which deals with organization’s key strategic vision.it may include development of organization,clearly defining the organization's objectives and providing the solutions to implement those strategies .it includes the formulation and application of corrective steps which is required to success of an organization.strategic management and strategic management process both are the different concepts that effectively highlights the difference between formulation and implementation of strategic objectives
3.2 Different types of Strategic management approaches
Developing a strategy is one of the most complex task within an organization in which process of the strategy is developed also in vision with outcome of those...