Sample Essay

The article highlights that the old management at AIG including Edwards Liddy would have somewhat restricted the initiatives that need to be taken to allow the company to become efficient even in the recessionary market. The author mentions “with a major shake-up among its decision makers, new management will have the opportunity to continue with Liddy’s plan to further reshape the company, or put their own stamp on how to create a leaner, more efficient AIG.” (Bernard, 2009)

Therefore the new management at the AIG group will have to work towards making the company leaner and efficient through a combination of control; and flexibility. This is one of the effects of good planning as it improves the performance of the management that is ultimately reflected in the performance indicators of the company.

The article also provides that strategic as well as short term plans and decisions are required that can pave way for the future of the company. The strategic plans are those which may need considerable time to plan upon and decide as they are future oriented and have along term effect on the operation of the business. The tactical or short term plans however are for immediate effect and are used to implement the strategic plans and initiatives.

Thank you for visiting Essaydemon.com and viewing our articles and sample papers. Kindly be informed that all these articles and sample papers are for marketing purposes only. The sole purpose of these articles and sample papers is just to provide our customers with an idea about our services before they place an order.

Kindly visit our order/inquiry page for further assistance.

Kindly order custom made Essays, Term Papers, Research Papers, Thesis, Dissertation, Assignment, Book Reports, Reviews, Presentations, Projects, Case Studies, Coursework, Homework, Creative Writing, Critical Thinking, on the topic by clicking on the order page.

bernard

Recent Posts

Maintaining Medical Records

Maintaining Medical Records requires the appropriate software and is essential both for the patients and…

4 weeks ago

Is Scientology a Religion?

Scientology is regarded the most notorious religious movement of the 20th century. The Church of…

1 month ago

Issues of Capital Punishment

Capital punishment is a contentious and controversial issue in today’s world. The main objective of…

1 month ago

Journalism Ethics and Standards

Journalism ethics and standards comprise are adhered to by journalists. This division of media ethics is commonly called by…

2 months ago

Essay: Shakespeare’s Side of the Story

Sample Essay For Shakespeare’s side of the story, facts were derived from the chronicle by…

2 months ago

Essay: Frankenstein’s Representations

Sample Essay Frankenstein’s representations in movies are however more distorted than the original owner’s intention.…

2 months ago