Posted inStrategic Management
Strategic Management – Process
Strategic management is a process of analyzing the major initiatives that contain resources and performance…
Posted inStrategic Management
Strategic Management – Types
In a stable and predictable environment, strategic planning can enable an organization to achieve, manage…
Posted inStrategic Management
Common Approaches to Strategy
Richard P. Rumelt Rumelt’s definition of strategy includes the following steps − ● Diagnosis − What problem needs…
Posted inStrategic Management
Keeping an Eye on Expenses and Goals
A balanced record of plans and policies in relation with operational moves are used to…
Posted inStrategic Management
Components of a Strategy Statement
The strategy statement of a firm sets the firm’s long-term strategic direction and broad policy…
Posted inStrategic Management
Strategy – Definition and Features
The word “strategy” is derived from the Greek word “stratçgos”; stratus (meaning army) and “ago”…
Posted inStrategic Management
What is ‘Strategic Management?’
Strategic management is the management of an organization’s resources to achieve its goals and objectives.…