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BUS 4407 - Written Assignment Unit 1

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9 views3 pages

BUS 4407 - Written Assignment Unit 1

wedrtgruhyt

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popy.instructory
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© © All Rights Reserved
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BUS 4407 – STRATEGIC MANAGEMENT

UNIVERSITY OF THE PEOPLE

AUTHOR: ANONYMOUS
An organization's purpose is ascertained through a series of processes known as strategic

planning. These procedures assist the organization's members in their efforts to accomplish the

established objective. This approach entails the development and implementation of a strategy

that will facilitate the formulation of a healthy decision. I am acquainted with DHL and will

incorporate it into my written assignment. DHL is an international logistics company that was

established in Germany by Americans (Wagenvoort, H., 2022). The organization offers express

mail, parcel delivery, and courier services. Deutsche Post is an international logistics company

that operates as DHL. The following stakeholders are necessary for the development of a

strategic planning process for DHL: Investors: These stakeholders invest their time and money in

a company to ensure its success. They offer assistance to the organization, which aids in its

expansion. I am of the opinion that no organization will attract investors. Shareholders: These are

the members of the organization who are involved in the making of all significant decisions.

Shareholders possess the power to approve or deny a decision that has been made. One of the

most critical stakeholders in any organization is employees, as they are responsible for executing

the decision-making processes necessary for a successful strategic planning process

(Wagenvoort, H., 2022).

It is only reasonable that everyone involved in the performance of the various tasks be taken into

account and incorporated into the conversation about the purpose and process of carrying out

those tasks. Therefore, it is crucial to take the company's employees into account when

developing a plan of action at DHL. Customers/Consumers: The organization would not exist

without this group of shareholders. They are responsible for strategic planning to ensure that they

are satisfied with the products or services they purchase or receive from the organization. The

organization would not generate any revenue if consumers did not spend their money with it.
DHL concentrates on the preparation, training, and certification of current employees for the

changes that digitalization will bring, while simultaneously addressing labor shortages and

attracting new talent. As per Admin, L. (2023), the customer experience, particularly the digital

customer journey, will become increasingly significant, and more profitable growth will be

achieved through standardization and continuous process improvement. In addition to all, the

connecting elements are digitalization and leading innovations.

Reference:

Admin, L., & Admin, L. (2023, October 10). Insights into DHL’s growth strategies.

Loginextsolutions. https://www.loginextsolutions.com/blog/insights-into-dhl-growth-strategies/

Wagenvoort, H. (2022, July 5). DHL presents its supply chain strategy for 2025 - Supply Chain

Movement. Supply Chain Movement. https://www.supplychainmovement.com/dhl-presents-its-

supply-chain-strategy-for-2025/

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