function of strategic management within The G.E.O Group Inc.

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  The G.E.O Group Inc.

 

Many organizations within the field of criminal justice have begun utilizing

techniques of strategic management in an effort to better address the needs of their

stakeholders. The importance of strategic management and the careful and proper

identification of stakeholder groups are never more salient than in law enforcement

and correctional organizations. However, the tenets of strategic management are in

use in nearly every facet of public and private enterprise.

 

Examine the function of strategic management within the organization. In your

journal, identify the organization and its stakeholders. Explain how the strategic

management plan takes the needs and demands of those individuals and groups into

consideration when preparing budgets. In addition, explain two ways that the

identification of stakeholders has increased the effectiveness of the organization

or improved public relations.

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