Baltimore ( BAWL-tim-or, locally: bawl-da-MOR or BAWL-mər) is the most populous city in the U.S. state of Maryland, fourth most populous city in the Mid-Atlantic, as well as the 30th most populous city in the United States, with a population of 585,708 in 2020. Baltimore was designated an independent city by the Constitution of Maryland in 1851, and today is the most populous independent city in the United States. As of 2021, the population of the Baltimore metropolitan area was estimated to be 2,838,327, making it the 20th largest metropolitan area in the country. Baltimore is located about 40 miles (64 km) northeast of Washington, D.C., making it a principal city in the Washington–Baltimore combined statistical area (CSA), the fourth-largest CSA in the nation, with a calculated 2021 population of 9,946,526.
Prior to European colonization, the Baltimore region was used as hunting grounds by the Susquehannock Native Americans, who were primarily settled further northwest than where the city was later built. Colonists from the Province of Maryland established the Port of Baltimore in 1706 to support the tobacco trade with Europe, and established the Town of Baltimore in 1729. The first printing press and newspapers were introduced to Baltimore by Nicholas Hasselbach and William Goddard respectively, in the mid-18th century.
The Battle of Baltimore was a pivotal engagement during the War of 1812, culminating in the failed British bombardment of Fort McHenry, during which Francis Scott Key wrote a poem that would become "The Star-Spangled Banner", which was eventually designated as the American national anthem in 1931. During the Pratt Street Riot of 1861, the city was the site of some of the earliest violence associated with the American Civil War.
The Baltimore and Ohio Railroad, the oldest railroad in the United States, was built in 1830 and cemented Baltimore's status as a major transportation hub, giving producers in the Midwest and Appalachia access to the city's port. Baltimore's Inner Harbor was once the second leading port of entry for immigrants to the United States. In addition, Baltimore was a major manufacturing center. After a decline in major manufacturing, heavy industry, and restructuring of the rail industry, Baltimore has shifted to a service-oriented economy. Johns Hopkins Hospital and Johns Hopkins University are the city's top two employers. Baltimore and its surrounding region are home to the headquarters of a number of major organizations and government agencies, including the NAACP, ABET, the National Federation of the Blind, Catholic Relief Services, the Annie E. Casey Foundation, World Relief, the Centers for Medicare & Medicaid Services, and the Social Security Administration. Baltimore is also home to the Baltimore Orioles of Major League Baseball and the Baltimore Ravens of the National Football League.
Many of Baltimore's neighborhoods have rich histories. The city is home to some of the earliest National Register Historic Districts in the nation, including Fell's Point, Federal Hill, and Mount Vernon. These were added to the National Register between 1969 and 1971, soon after historic preservation legislation was passed. Baltimore has more public statues and monuments per capita than any other city in the country. Nearly one third of the city's buildings (over 65,000) are designated as historic in the National Register, which is more than any other U.S. city.Source
Strategic Management is the planning of a company's sources in order to reach its goals and goals in the most effective way feasible. It is an activity program to ensure that the company remains to establish, which optimal performance targets are acquired. Strategic monitoring gives total administration by creating policies and plans developed to complete objectives and afterwards alloting resources to efficiently carry out those strategies. The techniques of executing these strategies make use of many different methods consisting of monetary, people, modern technology, procedure, and inner controls. One essential principle of tactical monitoring is that it attends to the well balanced requirement of all facets of the organization.
All supervisors need to be dedicated to the success of the company, as they are each in charge of the production of the business's future. For that reason, every person should be included in the formula of the method and also application of the strategy. This additionally entails responsibility. A company that does not have appropriate techniques in place may not just fail to achieve its short as well as lasting objectives, but may likewise be not able to accomplish long-lasting objectives. The business that adopts a well-developed and also executed calculated administration plan can anticipate to attain its objectives over a duration of time and also continue to be competitive. Strategic Management needs the application of leadership skills. Those supervisors that welcome calculated monitoring as well as establish an effective leadership design can successfully create worth by applying sound strategies and techniques. This enables them to address the basic demands of their clients, build partnerships with key customers, get new clients, broaden markets, and decrease prices.
Among the key tasks in the growth of a business is the business critical planning procedure. This includes the recognition of what calculated objectives the business must accomplish in a provided amount of time, as well as the methods to achieve those goals. It is essential for the firm to have a clearly specified set of goals in position, so that the people involved in the company understand where they are headed. However, while a company can generate a variety of great goals, it might be needed to customize the firm critical planning process to fulfill certain demands of business. Some companies will require a lengthy evaluation as well as research before they can come up with a strong tactical plan.
Others, such as those which have sales oriented demands, will intend to establish the process more quickly, to ensure that they can make changes to their strategy as the market changes. While each business will certainly have its very own requirements, there are numerous things that every person involved in the company strategic planning procedure can think about. Initially, every person requires to understand the business's demands in regards to the critical planning procedure itself.
The focus of the company strategic planning process must be to recognize what the company must achieve in the near future, as well as what it should carry out in the distant future. After that, every person needs to have a clearly specified strategy that details what is needed to do these two points, as well as the length of time it will certainly take. Finally, everybody needs to realistically define their anticipated result and to budget for this outcome. By considering all of these elements, a business can create an audio strategic plan that will aid it prosper in the future.