Week 2 – Journal CRJ630 Strategic Management and Stakeholders

Prior to beginning work on this journal, review Chapter 3 in the  textbook.  Many organizations within the field of criminal justice have begun  utilizing techniques of strategic management in an effort to better  address the needs of their stakeholders. The importance of strategic  management and the careful and proper identification of stakeholder  groups are never more salient than in law enforcement and correctional  organizations. However, the tenets of strategic management are in use in  nearly every facet of public and private enterprise.  After reviewing Chapter 3 in the textbook, think about your own current  or previous place(s) of employment and examine the function of strategic  management within the organization. In your journal, identify the  organization and its stakeholders. Explain how the strategic management  plan takes the needs and demands of those individuals and groups into  consideration when preparing budgets. In addition, explain two ways that  the identification of stakeholders has increased the effectiveness of  the organization or improved public relations.