New Orleans ( OR-l(ee)ənz, or-LEENZ, OR-lənz; French: La Nouvelle-Orléans [la nuvɛlɔʁleɑ̃] (listen)) is a consolidated city-parish located along the Mississippi River in the southeastern region of the U.S. state of Louisiana. With a population of 383,997 according to the 2020 U.S. census, it is the most populous city in Louisiana and the twelfth-most populous city in the Southeastern United States. Serving as a major port, New Orleans is considered an economic and commercial hub for the broader Gulf Coast region of the United States.
New Orleans is world-renowned for its distinctive music, Creole cuisine, unique dialects, and its annual celebrations and festivals, most notably Mardi Gras. The historic heart of the city is the French Quarter, known for its French and Spanish Creole architecture and vibrant nightlife along Bourbon Street. The city has been described as the "most unique" in the United States, owing in large part to its cross-cultural and multilingual heritage. Additionally, New Orleans has increasingly been known as "Hollywood South" due to its prominent role in the film industry and in pop culture.
Founded in 1718 by French colonists, New Orleans was once the territorial capital of French Louisiana before becoming part of the United States in the Louisiana Purchase of 1803. New Orleans in 1840 was the third most populous city in the United States, and it was the largest city in the American South from the Antebellum era until after World War II. The city has historically been very vulnerable to flooding, due to its high rainfall, low lying elevation, poor natural drainage, and proximity to multiple bodies of water. State and federal authorities have installed a complex system of levees and drainage pumps in an effort to protect the city.
New Orleans was severely affected by Hurricane Katrina in August 2005, which flooded more than 80% of the city, killed more than 1,800 people, and displaced thousands of residents, causing a population decline of over 50%. Since Katrina, major redevelopment efforts have led to a rebound in the city's population. Concerns about gentrification, new residents buying property in formerly closely knit communities, and displacement of longtime residents have been expressed.
The city and Orleans Parish (French: paroisse d'Orléans) are coterminous. As of 2017, Orleans Parish is the third most populous parish in Louisiana, behind East Baton Rouge Parish and neighboring Jefferson Parish. The city and parish are bounded by St. Tammany Parish and Lake Pontchartrain to the north, St. Bernard Parish and Lake Borgne to the east, Plaquemines Parish to the south, and Jefferson Parish to the south and west.
The city anchors the larger Greater New Orleans metropolitan area, which had a population of 1,271,845 in 2020. Greater New Orleans is the most populous metropolitan statistical area in Louisiana and, since the 2020 census, has been the 46th most populous MSA in the United States.Source
Strategic Management is the preparation of a business's resources in order to reach its goals and goals in the most efficient way feasible. It is an activity program to make sure that the company continues to develop, and that optimal efficiency targets are achieved. Strategic management gives total monitoring by developing policies and plans developed to achieve goals and then allocating sources to efficiently apply those plans. The techniques of implementing these plans make use of various approaches including monetary, people, technology, procedure, as well as internal controls. One important idea of strategic management is that it addresses the well balanced need of all facets of the company.
All supervisors have to be devoted to the success of the organization, as they are each responsible for the development of the business's future. Therefore, everyone needs to be consisted of in the formulation of the strategy and also execution of the method. This additionally includes accountability. A company that does not have appropriate approaches in position may not just fall short to attain its brief as well as lasting objectives, however may also be unable to attain long-term objectives. The firm that embraces a strong and applied critical administration plan can anticipate to attain its objectives over a period of time as well as remain competitive. Strategic Management requires the application of management abilities. Those supervisors that welcome calculated monitoring and also develop a powerful management design can properly develop value by applying sound strategies as well as methods. This allows them to resolve the fundamental needs of their clients, construct relationships with vital consumers, acquire new consumers, expand markets, and decrease prices.
Among the key tasks in the development of an organization is the firm critical planning procedure. This consists of the recognition of what calculated goals the business have to achieve in an offered period of time, as well as the methods to accomplish those objectives. It is necessary for the company to have actually a plainly specified collection of objectives in position, so that individuals involved in the company recognize where they are headed. Nevertheless, while a firm can develop a number of good goals, it may be necessary to customize the business critical planning process to meet particular requirements of business. Some companies will certainly require a prolonged evaluation as well as research prior to they can come up with a strong critical strategy.
Others, such as those which have sales oriented needs, will intend to establish the procedure quicker, to make sure that they can make changes to their approach as the market changes. While each company will have its very own demands, there are numerous things that everyone associated with the business calculated planning process can think about. Everyone requires to recognize the company's requirements in terms of the strategic planning procedure itself.
The emphasis of the company tactical planning procedure must be to determine what the business has to complete in the near future, as well as what it must do in the distant future. Then, everyone requires to have actually a plainly defined plan that outlines what is needed to do these two things, as well as for how long it will certainly take. Every person needs to genuinely specify their expected end result and to budget plan for this end result. By thinking about all of these facets, a business can develop an audio strategic plan that will certainly help it be successful in the future.