Longitudinal Strategic Development Study Virgin Essay

Longitudinal strategical Development Study Virgin - Essay ExampleIn order to understand the strategic tuition history of Virgin, it would be necessary to refer to the context of strategy, as a key criterion for the conquest of business operations. In accordance with Waters (2006) the term corporate strategy contains all the strategic decisions that regard the whole diversified corporation . In the above context, corporate strategy refers to a series of organizational problems, such as the following ones a) which part/ sector of the organization is of more importance for the organizations growth, b) at what level integration should become one of the organizations activities, c) how the growth of the organization faeces be secured especially in the long term, d) in which way the organizations mission could be achieved, e) how the strategies of the organizations different sectors spate be combined so that organizational culture is secured, and so on. In other words, the corporat e strategic history shows the methods used by the organization for promoting its culture and achieving its goals these methods evict be differentiated across organizations in accordance with the conditions in the internal and external environment yet also the aims and the values of each organization. It is clear that the strategic development history of successful corporations, like Virgin, can be identified in the practices these firms used not just for entering the global market merely also for securing a long term growth as proved through the organizations current performance, analyzed in the section that follows. The strategy of Virgin has been considered as unique mostly in terms of its structure and operational processes. As already explained above, the group includes a