Mcdonalds Global Perspective

McDonald’s Implementation of Current Strategic Plan Synopsis: This is a two page APA citation style essay on Management at McDonald’s. There are eleven sources cited in this essay. The historical thinker whose successes will be correlated to McDonald’s strategic plan is Alexander the Great. The elements involved in organizational strategic planning will be explored. Introduction The strategic plan of McDonald’s has gained worldwide success over the past seventy years of its existence. (McDonald’s, 2012).Mcdonald’s is a worldwide brand which has achieved global recognition of it’s brand and products. McDonald’s began as McDonald’s Bar- B-Q Restaurant in San Bernardino, CA in 1940. Today McDonald’s is a premier global restaurant brand with 330,000 franchises. The McDonald’s franchises attend to over 64,000,000 customers on a daily basis in over 118 countries (McDonald’s, 2012)Alexander the Great was a h istorical thinker who started with a small military force of only 40,000 men and ruled over an empire which extended from the Mediterranean to China.Alexander the Great accomplished this by the application of transactional, transformational and laissez faire leadership (Kilfoil, n. d; Eagley et al. , 2003). Effectively Implementing a Current Strategic Plan in an Organization Both Mcdonald’s and Alexander the Great have gained their successes by application of seven identifiable leadership endeavors which are components of strategic leadership. These components with regards to efficient strategy implementation are: ? Researching a plan of action. ? Formulating a plan of action. Ascertaining strategic orientation including leadership roles. ? Setting equitable organizational limits. ? Efficiently administration of the organizational assets, revenues and liabilities. ? Maintenance of an organizational perspective. ? Promotion of organizational values and ethics (Joomla & Fourie, 2009). These are components of McDonald’s organizational administration (McDonald’s, 2012). Alexander the Great also applied effective organizational management techniques (Kilfoil, n. d. ). In order to properly allocate resources, proper data and research must be acquired.The data for these population studies may be analyzed by application of bar graphs, charts or scatter plots in order to effectively assess data (McCoy & Kinyua, 2012). The elements of organizational culture consists of the physical domains of its framework, semantic regional expressions, ceremonial observances, historical antecedents, belief systems, ethics and mental models. The best manner of shaping corporate culture to fit strategy is to continuously train and educate employees (McShane- Von Glinow, 2002).In exercising strategic leadership, the application of transactional , transformational and laissez faire leadership models are required for the strategic leadership of an organization (Eagly e t al, 2003(. Alexander the Great realized the importance of entertaining his military force with recreational activities *Kilfoil, n. d. ). In order to build a capable organization, the organization must be able to apply leverage to the member’s aptitudes along with the elements of administration, structure and accountability processes and methodologies (Lewis, n. d. . Strategic implementation is the procedure of enabling the organizational management techniques. It is the aggregate of the occupations and perspectives required for the effective implementation of a strategic design (Khaliq, 2011). Best practices are defined by the precise application of aptitudes, implements and strategies which can facilitate the potential of success in a wide range of organizational endeavors. This consists of an empirical process which is supported by organizational consensus. There are five elements to carrying out strategic roles.These elements are processes, individuals, compliance with regulatory statutes, effective administration and the efficient application of technological resources (Span, 2012). A correctly planned extrinsic motivational implementation model is enable organizational managers to provide the most effective tool for encouraging organizational commitment in order to carry out the organizational management objectives (Thompson, 2009). Conclusion The Mcdonald’s organization and the Grecian Empire of Alexander the Great were both able to expand by considering the needs of their members along with the rganizational objectives. The employees and members enable the effective implementation of management policy. In the effective application of strategic leadership with strategy implementation, the empirical outcome has been shown to be successful (Jooste & Fourie, 2009). References Eagly, A. (2003) Transformational, Transactional, and laissez faire leadership styles: a meta analysis comparing men and women. Psychol Bull 2003 Jul; 128(4): 569- 91 http://www. ncbi. nlm. nih. gov/pubmed/12848221 Jooste, C. & Fourie, B. 2009) The role of strategic leadership in effective strategy implementation: Perception of South African strategic leaders. South African Business Review, 13(3) http://www. ajol. info/index. php/sabr/article/viewfile/76341/6679 Khaliq, N. (2011) Business Policy and Strategy http://www. scribd. com/doc/52995555/Business-policy-and-straegy-implemtation Kilfoil, E. (n. d) Alexander the Great http://atschool. eduweb. co. uk/sirrobhitch†¦ /ezra. html Lewis, K. 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