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What is Strategic Management?
Zedy Zaidy, Student (University), South Africa, Member
In the business environment people talk of strategic planning, strategic implementation, strategic direction, strategic fit, strategic flexibility, dynamic environment, turnaround strategy, downsizing, divergence and convergence and many more.
Economists, managers, exchangers, marketers, speculators, brokers and dealers, innovators and entrepreneurs, and broadcasting corporations all fuel us up of big words…
⇒ Now what exactly is this field of strategic management?...
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What Strategic Management is...
K.Narayana Moorthy, HR Consultant, India, Member Strategic management processes link and activate the following spheres of an enterprise towards effective performances: vision, mission and objectives... |
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What is Strategic Management?
Belay Gezahegn, Director, Ethiopia, Member Let us take an example of a mountain climber who wanted his name recorded in history:
- This person has to design a strategy that will help him t... |
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Definition of the Field of Strategic Management
K.Narayana Moorthy, HR Consultant, India, Member A nice definition of strategic management is also: "A field that deals with major intended and emergent initiatives taken by general managers on behal... |
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What is Strategic Management
Nay Min Aye, Teacher, Myanmar, Member Strategic management is the management process which would keep the organization from deviating from it's desired performance and result in a changing... |
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Strategic Management Defined
azeem, Student (MBA), Pakistan, Member SM can be defined as: "The art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achie... |
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What is Strategic Management
ismail Ahmed Al kamish, Project Manager, Sudan, Member Is the entire thinking of sustainability, innovation and responding to the challenges and threats facing an organization to provide satisfactory produ... |
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Strategic Management
K.Narayana Moorthy, HR Consultant, India, Member I add further comments on strategic management as dealing with:
1. Organizational Environment: covering new situations;looking into unpredictable... |
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The 'Ten Schools of Thought' Seems to Sum it Up Well
Ivan Kohlinsky, Management Consultant, United Kingdom, Member I have tended to agree with the view, often put about, that strategy (determining it) is incredibly important, but that it doesn't require a departmen... |
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The Purpose of Strategic Management
Javier Elenes, Business Consultant, Mexico, Member Making a company ABLE TO COMPETE is the purpose of strategic management.
So the key question is: How shall we compete? How shall we be better in ... |
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Strategic Management
T V N Murthy, Entrepreneur, India, Member Strategic management is a preconceived plan of action, for every stage of business transactions to ensure the designed results. A strategic management... |
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What is Strategic Management?
James Graham, Business Consultant, United Kingdom, Member Strategic management is the MANAGEMENT OF STRATEGY. There is far too much theorising and hot air in this area. Know where you are currently, know wher... |
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Strategic Management
Luis Gyory, Business Consultant, Venezuela, Member Simple... The decisions you must have to take today to being able to exist in the future... Or to disappear. Must be very able and intelligent if you ... |
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Strategic Management
Jayaram, Business Consultant, India, Member Strategies are always top down and is done in the board room. This is always done with the Vision of the company in mind. Once the strategy is formula... |
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Strategy Not Always Top Down
James Graham, Business Consultant, United Kingdom, Member @ Jayaram: Although your description may still hold true in some cases, strategy is by no means always done by top do... |
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Strategic Management
Michel Comet, Business Consultant, France, Member Translation by Editor:
If we take as definition of the strategy, the definition of Michael Porter: "allocation of human, financial, technological... |
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The Meaning of Strategic Management
Silvan Pillay, Business Consultant, South Africa, Member In a simple sentence. Strategic Management is an evaluation of the options available, the choices you make to steer the organisation in the intended d... |
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What is Strategic Management
Gavril, Management Consultant, Albania, Member Looking beyond the horizon, thinking ahead of time and acting immediately, measuring and correcting the route, tolerating the battle for winning the w... |
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What Strategic Management is
Hoyeol Bang, Professor, Korea (South), Member Strategic Management is a management based on the belief that a manager should not be humanistic.
A humanistic man makes a decision after conside... |
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Definition Strategic Management
Jeroen Kraaijenbrink, Professor, Netherlands, Member Strategic management is the generation and execution of an organization's unique and sustainable value creation.... |
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My View on Strategic Management
Florence Ansu-Amponsah, Manager, Ghana, Member Strategic Management is an intentional decision which needs to be complex and uncertain but should be able to affect operational decisions and require... |
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'Strategy' a Referent
Maurice Hogarth, Consultant, United Kingdom, Member The word strategy relates to "HOW" not "WHAT". It is about the overall approach, the backdrop or the over-arching framework for how the required outco... |
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A Matter of Semantics?
James Graham, Business Consultant, United Kingdom, Member Maurice, though I agree with your differentiation of Strategic Management and Management of Strategy, in my experience the term 'Strategic Manageme... |
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What is Strategic Management
Luis Gyory, Business Consultant, Venezuela, Member Please look at the original question.
In my opinion it refers to making the management think strategic. That´s why I insist in the require... |
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You Make my Point
James Graham, Business Consultant, United Kingdom, Member @ Luis Gyory: Luis, IMHO 'thinking strategically', if done in the conventional sense, follows a process with a series... |
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Operational versus Strategic Management
David Leaney, Management Consultant, Australia, Member What are the key points or terms that differentiate strategic management from operational management? Strategic management is about:
— Big pictur... |
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Strategic Management
Samuell Yew, Project Manager, Malaysia, Member Strategic Management strives to mobilize a company's resources and efforts to achieve the company |
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Strategic Management
Maurice Hogarth, Consultant, United Kingdom, Member So, to try again.
Strategic-, operational-, time-, people-, systems management, etc. … all such terms relate to ‘The management of [something]’. ... |
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What is Strategic Management
nonereh odartseam, Teacher, Philippines, Member In my opinion, strategic management is working on new strategies to achieve one's objectives which were not possible with the old strategies and findi... |
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What is Strategic Management?
Warren Miller, CFA, CPA, United States, Member It's clear to me that none of those who have tried to answer this question so far has ever practiced strategic management. Here's a solid definition:<... 12-10-2018 |
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A Flawed Posting
James Graham, Business Consultant, United Kingdom, Member @ Warren Miller, CFA, CPA, I've been involved in strategy since 1978, as a line manager and a consultant. Your defini... 12-10-2018 |
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Special Interest Group Leader
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Strategic Management
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