Organization.
Strategic project management is used to grow the business. Project managers choose projects that align with the strategic objectives of the company.
Managers should not focus on the current stock value because the value fluctuates daily based on market conditions, profits, management, and current economy. Managers should instead focus on the long term growth of the company.
Strategic decisions, which affect the long-term direction of the entire company, are typically made by top managers.
success criteria; project definitions; strategic focus of projects
Organization.
Managers at this level must often depend on past experiences and their instincts when making strategic decisions.
Logistic managers
Strategic project management is used to grow the business. Project managers choose projects that align with the strategic objectives of the company.
A senior manager has other managers reporting to him/her and is responsible for strategic, and compliance matters. He/she is not normally involved in day to day detailed management of very junior staff or processes.
Strategic decisions are made by executive level managers. Operational decisions are made by line managers. Operational decisions can change from day-to-day.
three special challenges facing blobal managers
Managers should not focus on the current stock value because the value fluctuates daily based on market conditions, profits, management, and current economy. Managers should instead focus on the long term growth of the company.
Strategic decisions, which affect the long-term direction of the entire company, are typically made by top managers.
success criteria; project definitions; strategic focus of projects
The strategic management process is a method by which managers conceive of and implement a strategy that can lead to a sustainable competitive advantage. There are five parts to it.
Strategic managements includes having a detailed and specific plan for the business. Also, strategic managers set short and long term goals and do their best to follow through.