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Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It is the process of specifying the http://www.answers.com/topic/organization's objectives, developing policies and plans to achieve these objectives, and allocating resources to implement the policies and plans to achieve the organization's objectives. Strategic management, therefore, combines the activities of the various functional areas of a business to achieve organizational objectives. It is the highest level of managerial activity, usually formulated by the http://www.answers.com/topic/board-of-directors and performed by the organization's http://www.answers.com/topic/chief-executive-officer (CEO) and executive http://www.answers.com/topic/team. Strategic management provides overall direction` to the enterprise and is closely related to the field of http://www.answers.com/topic/organizational-studies. courtesy : http://www.answers.com
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What is the Relation of TQM and strategic management?
Tqm ,total quality management and stratigic management both are important for any organisation to make qualitative organization top level management have to make stratigis to fulfill the criteria .
Differences between strategic and operations management?
operational management involves day to day management of the organisation while strategic management involves the overall management of an organisation which includes making a decision that affect the business over a long time.
What is organisation capability profile in strategic management?
manu tan app n aunda....
What is the benefit of using strategic management approach in decision making?
list the benfit of using a case management approach to the organisation
Why are the functional areas of both marketing and management important to the four phases of strategic management?
importance of an organization's functional areas to the strategic management process and why they must be integrated during the four phases of strategic management
What is the Relation of TQM and strategic management?
Tqm ,total quality management and stratigic management both are important for any organisation to make qualitative organization top level management have to make stratigis to fulfill the criteria .
Differences between strategic and operations management?
operational management involves day to day management of the organisation while strategic management involves the overall management of an organisation which includes making a decision that affect the business over a long time.
What is organisation capability profile in strategic management?
manu tan app n aunda....
What is the benefit of using strategic management approach in decision making?
list the benfit of using a case management approach to the organisation
What is SWOT in strategic management?
SWOT is an organisation conducting evaluations of Strengths, Weaknesses, Opportunities and Threats.
what is risk management?
Risk management is the process of determining, evaluating, and controlling the financial, legal, strategic, and security risks to the assets and profits of an organisation.
What is market oriented strategic strategic planning?
stategic planning is an approach used by top management in an organisation to move foward in all areas of business or service.
What is strategic performance management?
Strategic performance management is defined as: the process where steering of the organisation takes place through the systematic definition of mission, strategy and objectives of the organisation, making these measurable through critical success factors and key performance indicators, in order to take corrective actions to keep the organisation on track (Dr. Andre A. De. Waal)
Why are the functional areas of both marketing and management important to the four phases of strategic management?
importance of an organization's functional areas to the strategic management process and why they must be integrated during the four phases of strategic management
Why has strategic management become so important to today?
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What is strategic management information system?
Strategic information management systems are customized for different companies to accommodate their needs. These systems to sort information to make it available for cross-referencing. Information can be sorted based on demographics, location, and business function.
What has the author Sui-Lun Wan written?
Sui-Lun. Wan has written: 'Strategic information systems in Japan' -- subject(s): Management information systems, Management, Data processing, Information technology, Strategic planning
