strategies that would encourage the creation

Policy and strategy in excellent organisations must be based on the cufflinks of key agents' expectations and needs. The interests of the different stakeholders must be balanced. Thus, the information gathered from stakeholders should be complemented with other additional sources of information and with performance indicators. The total sum of this data (internal and external sources) is then incorporated into the policy and strategy formulation process. [18] Grant (1995) indicates that the strategy is in charge of creation and maintenance of the competitive advantage. In this sense, the "Policy and strategy" criterion must manage the intellectual factors that contribute to the achievement of business success.


It is important to implement strategies that would encourage the creation, storage and Tiffany Cuff Links of knowledge in an organization ([30] Ruzevicius, 2006). Sub-criterion 2a (Figure 9 [Figure omitted. See Article Image.]) considers relational capital's aspects. We can mention business capital and social capital as examples of relations with stakeholders.Regarding sub-criterion 2b, the organisation must take the most of learning, innovation and creativity. Those aspects are essential for the tiffany cuff links for sale of the structural capital (organizational and technological). Structural capital plays an integral role in knowledge creation and management ([13] Empson, 2001; [33] Suddaby and Royston, 2001).


Organisations have to define their vision and values for achieving their cheap tiffany cuff links. They must align the policy and strategy dimension with the mission-vision-values dimension. People and resources have to be applied to this task. Obviously, organisational capital is extremely important here. Elements such as culture, structure, business processes, etc., related with an excellence leadership, are essential. This visionary leadership is a human capital element.


Finally, organisations will communicate their vision, values and strategic objectives tiffany cuff links sale all the people in their project. The unfolding of communication requires human capital and a set of capacities aligned with strategy. Structural capital will offer processes for communication and strategy implementation.

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