A captive to my sword and to my lance, noble Captain,'' replied the Clerk of Copmanhurst; ``to my bow and to my halberd, I should rather say; and yet I have redeemed him by my divinity from a worse captivity.
An organizational strategy is the sum of the actions a company intends to take to achieve long-term goals. Together, these actions make up a companyâs strategic plan. Strategic plans take at least a year to complete, requiring involvement from all company levels. Top management creates the larger organizational strategy, while middle and lower management adopt goals and plans to fulfill the overall strategy step by step.
Organizational structure is the framework by which a company communicates, develops goals and then works on achieving those goals. Within the framework of organizational structure are the principles by which that structure operates. The principles of organizational structure are the methods by which the organization maintains that structure, and the processes it uses to keep the structure efficient. One of the principles that holds an organizational structure together is the hierarchy of command. Respect for the authority of management and the executive team creates a functional line of communication.