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The types of meeting will be organized for the staffs includes staff meeting, departmental meeting and annual general meeting and even at times special general meeting will also be organized. The staff will be communicated about the goals and objectives of the company. The targets to be achieved will also be communicated and the timeframes within which the targets are expected to be met by each employee.

Give descriptions of the types of feed-back that you would expect from staff and your responses.

There will be queries regarding the targets and goals to be achieved by the company. We would simply say to our staff that if we would work as team and help each other in achieving their targets, then it will be easy for each individual to achieve their targets and that will automatically achieves the goals of the company.

What are the specific roles of people in relation to the strategic plan?

There are various specific roles played by people in relation to strategic plans like top management formulates the plan, middle management implements the plan and lower management executes the plans with workers.

Discuss how cooperative ventures might be useful within some strategic plans and what due diligence might be necessary to ensure cooperative ventures have a chance to succeed?

Cooperative ventures are useful for each partner and will help them in utilizing their experiences in a more effective manner. In cases where one partner has less experience, then such venture will help the other partner in utilizing the work and real life experiences of the other partner. For the success of the co-operative venture, a balanced environment is needed. These ventures are successful in small projects with which they will be able to test their launch of business while being accompanied by an experienced venture without an adequate feeling-out process. Regular monitoring will be helpful in ensuring the success of the co-operative ventures.


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