Strategic Management and Business Policy, Global Strategic Management Wallace Group

The Wallace Group is in need of a Board of Directors for their corporation. The board of directors has an obligation to approve all decision that might affect the long run performance of the corporation. Harold Wallace has acted as a one man board of director, making all final decisions for the Wallace Group. The board of director's responsibilities is setting corporate strategy, overall direction, mission, or vision. Hiring and firing the CEO and top …

…influence group processes and dynamics, and to produce desired outcomes. The need for management to create results - oriented action plans to ensure individual success and organizational competitiveness in todays global marketplace. References: Wheelen, Thomas L. & Hunger, David J. Strategic Management and Business Policy (ninth edition) AIU Classroom material Unit 1 Strategic management and business policy http://www.exed.hbs.edu/programs/tgmp/print.html http://www.umpi.maine.edu/~ricer/honors/cyr.htm