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How can we ensure that the manager has a strategy that he is able to express it and he perfectly know his mission?

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Question ajoutée par Nadjib RABAHI , Freelancer , My own account
Date de publication: 2017/03/31
Soliman Abd  ALmalak Gendy
par Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

We can ensure this if he has th the following: *More persuasive *Get clear about accountability *Engage his employees *Resolve across_department conflict

Muhannad Abushaikha
par Muhannad Abushaikha , senior finance manager , global technical services

Dear sir , once the term " strategy " has been used , then we need to work in parallel with top management/ owners / CEO vision and to suppprt this vision . I.e. We should work not only as accountants or engineers ....etc but also to participate in improving profitability or reducing cost .thus, the required knowledge here is to know how the operating cycle and aspects of savings or aspect of in reading the profitability and not as mentioned by the gentlemen hereunder which focuses on action plans and knowledge of somebody's area only .

Sanjay Gupta
par Sanjay Gupta , CFO Chief Financial Officer , Jindal Iron and Steel Group

The business strategy must be translated into a set of clear short-term operating objectives  in order to execute the strategy. Key issues, elements, and needs of strategy must be translated into objectives, action plans, and “scorecards” and this translation is an integral and vital part of the execution process. Developing this set of clear objectives, that relates logically to the strategy and how the organisation plans to compete, is an important aspect. Having a concrete, detailed and comprehensive implementation plan can have a positive influence on the level of success of an implementation effort. In addition it helps identify what will be required in terms of resources, capabilities and time If manager knows this, then we can ensure that he know the mission and able to express and implement.

Mohammad Iqbal Abubaker
par Mohammad Iqbal Abubaker , Jahaca Pty Ltd - Accounts Administrator , Jahaca Pty Ltd - Accounts Administrator

The Correct and Best Answer added by: Sanjay Gupta   Manager- Finance and Accounting 7 days ago

Mohammed Qasem
par Mohammed Qasem , التدقيق الداخلي , Holding Co.

Only when firm apply COSO standard then we can confirm that:)

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