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Business Project and Programme Management
Strategic management program in an organization helps to identify and assess the key challenges that are faced by an organization in order to develop appropriate and suitable plans to tackle certain barriers for developing improved and smoother strategic execution. SB is a Technology-based organization which has headquartered in USA and it is planning to expand its business operation in Europe with the help of acquisition strategy. The primary objective of SB is to associate strategic change in order to increase the market share while developing diversification in the market. For instance, the reduction of production and operation costs is another major aspect of focus from the organization. This report focuses on developing specific strategic changes that can be associated with the organization to develop strategic development in order to fix these certain issues inside the organization.
Key issues in overall strategic program
The current business strategy of the organization includes the development of strategic change while utilizing the diversification and focus on product delivery.
It can be observed that the organization has developed a planned approach to acquire Europe based mobile phone manufacturing organizations to develop their strategic growth in diversification. As the organization is based in the USA,