Tutors are an indispensable part of your academic journey. With the advancement of every field of human civilization, the standard, as well as the complexity of education, has also increased and the common classroom facilities, even after an unprecedented development, are gradually becoming insufficient in comparison to the demand from the students. This has resulted in an increase in demand for private tutors in every field of education. Let us discuss the role of the tutors in the disciplines like corporate strategy.
The globalization of national economies has made the task of the management more sophisticated as well as complicated. Consequently, the management education has also undergone a similar change. Creating Value for the business as well as for the stakeholders of a business is the mission and vision of a company. Corporate strategy is the way of creating those values across the value chain of a business. In the process of creating value, corporate strategy involves taking decisions regarding the investment of the company fund invaluable assets, crafting strategy for optimum utilisation of available resources, deciding about the structure of the organisation as well as planning all the corporate functions to fulfil the mission of the company and to create wealth for its shareholders.
The definition is important because it will give you an idea about the scope of the corporate strategy. In fact, when you are talking about corporate strategy, you are talking about almost every possible business functions of a company. A practically corporate strategy is set by the feedback and coordination of the managers responsible for various functions of a company. As such there could hardly be any course on corporate strategy. The reason is corporate strategy cuts across all the major functions of the value chain of a business. An assignment or homework on corporate strategy usually related to the topics of different functions like Marketing, Finance, Human Resources etc. of a company and the students, who are specialising in those disciplines, are asked to portray the corporate strategy of a company related to a particular function only, on the basis of a case study. For example, a student, specializing in Marketing, will be asked to develop a Marketing Strategy for a company as a part of the overall corporate strategy of the company. Likewise, a student of Finance may be asked to develop a Financial Strategy for a company as a part of the overall strategy of the company. But one thing is clear, as all these strategies will work as part of the whole corporate strategy, there must be some sort of coordination and overlapping in between different functional strategies so as to synchronize all with the overall corporate strategy. Therefore homework on corporate strategy to the students of any stream becomes a difficult task especially when it is based on the case study or when it comes as an assignment for the students of various disciplines of management science.
There are many professional organizations and tutorial companies which can assist you in working out your homework in corporate strategy. You can find most of these organizations online. How they can help you, in doing your homework, has been summarized below:
- These organizations or tutorial homes can provide you expert tutors on every possible discipline of management science and these tutors have not only a good academic background in their respective disciplines, but they also have good professional exposures.
- The homework related to corporate strategy usually, is based on some case studies, and the students are asked to frame the strategy of any company depending on the business scenario described in the case. Practical application of your knowledge to make the strategy related to Finance, Marketing or HR requires a lot of analytical ability, which is tough to develop in conventional class training. The tutors, with the year-long experience, will help you to unwind the application skill hidden within you, so that you can make the strategy on your own, by analyzing the case and by applying your knowledge in the particular discipline.
- Usually writing any corporate strategy requires a professional approach regarding both the presentation of your content as well as a presentation of the homework. The professional exposures of the tutors give them the ability to help you perfectly to represent your argument and conclusions in professional style.
- As has been discussed earlier, when you are being asked to write a Financial Strategy or Marketing Strategy or a strategy related to HR, you have to write these strategies as a part of the overall corporate strategy of the company and not as a standalone strategy. If your writing misses this very essential part of synchronizing your strategy with the overall corporate strategy, then your homework will simply produce a meaningless strategy for the company as a whole. The tutors will help you to synchronize the functional strategy with the overall corporate objective. To do this you require developing a little bit of knowledge about other functional disciplines and their link with your disciplines. The tutors will help you to develop that very essential knowledge base.
- Writing homework on corporate strategy requires a lot of research work which consumes your valuable time significantly. Tutors will help you to find out the online and offline resources efficiently thereby saving a good lot of time.
This is not the end. The private tutors help you to bring out the best from you, so that, you can optimally apply your knowledge to work out a good quality homework, which is very essential for the good grade points in your academic career.