Houston (; HEW-stən) is the most populous city in Texas, the fourth-most populous city in the United States, the most populous city in the Southern United States, and the sixth-most populous in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle.
Comprising a total area of 637.4 square miles (1,651 km), Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions of the city extend into Fort Bend and Montgomery counties, bordering other principal communities of Greater Houston such as Sugar Land and The Woodlands.
The city of Houston was founded by land investors on August 30, 1836, at the confluence of Buffalo Bayou and White Oak Bayou (a point now known as Allen's Landing) and incorporated as a city on June 5, 1837. The city is named after former General Sam Houston, who was president of the Republic of Texas and had won Texas's independence from Mexico at the Battle of San Jacinto 25 miles (40 km) east of Allen's Landing. After briefly serving as the capital of the Texas Republic in the late 1830s, Houston grew steadily into a regional trading center for the remainder of the 19th century.
The arrival of the 20th century brought a convergence of economic factors that fueled rapid growth in Houston, including a burgeoning port and railroad industry, the decline of Galveston as Texas's primary port following a devastating 1900 hurricane, the subsequent construction of the Houston Ship Channel, and the Texas oil boom. In the mid-20th century, Houston's economy diversified, as it became home to the Texas Medical Center—the world's largest concentration of healthcare and research institutions—and NASA's Johnson Space Center, home to the Mission Control Center.
Since the late 19th century Houston's economy has had a broad industrial base, in energy, manufacturing, aeronautics, and transportation. Leading in healthcare sectors and building oilfield equipment, Houston has the second-most Fortune 500 headquarters of any U.S. municipality within its city limits (after New York City). The Port of Houston ranks first in the United States in international waterborne tonnage handled and second in total cargo tonnage handled.
Nicknamed the "Bayou City", "Space City", "H-Town", and "the 713", Houston has become a global city, with strengths in culture, medicine, and research. The city has a population from various ethnic and religious backgrounds and a large and growing international community. Houston is the most diverse metropolitan area in Texas and has been described as the most racially and ethnically diverse major city in the U.S. It is home to many cultural institutions and exhibits, which attract more than seven million visitors a year to the Museum District. The Museum District is home to nineteen museums, galleries, and community spaces. Houston has an active visual and performing arts scene in the Theater District, and offers year-round resident companies in all major performing arts.Source
Strategic Management is the preparation of a firm's resources in order to reach its goals and also goals in one of the most efficient way possible. It is an activity program to make certain that the business remains to establish, which optimal efficiency targets are attained. Strategic management gives complete administration by developing policies and plans made to accomplish objectives and afterwards alloting sources to efficiently implement those plans. The approaches of executing these strategies use various techniques consisting of monetary, individuals, innovation, procedure, and also inner controls. One important principle of strategic management is that it resolves the well balanced requirement of all aspects of the organization.
All managers must be devoted to the success of the organization, as they are each responsible for the creation of the company's future. Consequently, every person has to be included in the formulation of the technique and implementation of the approach. This likewise includes accountability. A company that does not have ample methods in position may not only fail to attain its brief and also long-term objectives, but may additionally be incapable to achieve lasting goals. Nevertheless, the company that takes on a well-developed and also carried out critical management plan can expect to achieve its goals over a time period and stay affordable. Strategic Management needs the application of management skills. Those managers who welcome strategic administration and establish a powerful leadership style can efficiently develop worth by applying sound plans as well as methods. This allows them to resolve the fundamental requirements of their consumers, construct partnerships with key consumers, obtain brand-new consumers, expand markets, as well as minimize expenses.
One of the main tasks in the growth of an organization is the firm tactical preparation process. This includes the recognition of what critical objectives the firm need to attain in an offered amount of time, in addition to the means to accomplish those objectives. It is essential for the firm to have actually a plainly defined collection of goals in position, to ensure that the people involved in the company know where they are headed. While a company can come up with a number of excellent goals, it may be needed to customize the company critical preparation procedure to meet specific requirements of the business. Some companies will call for an extensive evaluation and research study before they can come up with a strong calculated plan.
Others, such as those which have actually sales oriented demands, will certainly intend to establish the process more quickly, so that they can make changes to their strategy as the marketplace changes. While each firm will have its own demands, there are several points that every person involved in the business critical planning process can think about. Every person requires to recognize the business's demands in terms of the strategic planning process itself.
The focus of the business calculated preparation process need to be to recognize what the firm needs to complete in the future, along with what it must do in the distant future. After that, everybody requires to have a clearly defined strategy that outlines what is required to do these 2 things, and how long it will take. Lastly, everybody requires to genuinely specify their anticipated result and also to budget for this outcome. By taking into consideration every one of these facets, a business can develop a sound strategic plan that will aid it be successful in the future.