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Leadership is setting where we are going, while strategic management is smartly overseeing the critical issues of how we get there.
1.Strategic issues require top-management decisions- decision-making 2. Strategic issues involve the allocation of large amount of company resources- allocation of resources 3.Strategic issues are likely to have significant impact on the long term prosperity o f the firm- operational success 4.Strategic issues are future-oriented- long term existence 5..Strategic issues usually have major multi functional and multi business consequences-? 6.Strategic issues necessitate considering factors in the firm's external environment-?
1.manufacture,procurement,environment, diss arable
cross cultural barriers ,language barriers
Projects can be used in the strategic management process to analyze operational issues and solve problems. New possibilities can be created from using projects as well.
comtemporary issues in risk management
there r various challenges to strategic management like:GlobalizationLiberalizatione-commercecorporate social responsibilitymanagement of diversity6. health7.recession
Leadership is setting where we are going, while strategic management is smartly overseeing the critical issues of how we get there.
It is controlled in the symbolic places. they get reperesented differentley to everything else though.
1.Strategic issues require top-management decisions- decision-making 2. Strategic issues involve the allocation of large amount of company resources- allocation of resources 3.Strategic issues are likely to have significant impact on the long term prosperity o f the firm- operational success 4.Strategic issues are future-oriented- long term existence 5..Strategic issues usually have major multi functional and multi business consequences-? 6.Strategic issues necessitate considering factors in the firm's external environment-?
1.manufacture,procurement,environment, diss arable
cross cultural barriers ,language barriers
William L. Renfro has written: 'The legislative role of corporations' -- subject(s): Corporations, Industrial policy, Lobbying, Political activity 'Issues management in strategic planning' -- subject(s): Issues management, Strategic planning
Projects can be used in the strategic management process to analyze operational issues and solve problems. New possibilities can be created from using projects as well.
steps process strategic management
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
Main objective of Strategic Management is to increase profitability