Strategic Management Process Essay Examples

Strategic Management Process - Free Essay Examples and Topic Ideas

Strategic management is the process of determining and executing on an organization’s long-term goals and objectives. It involves the identification of the organization’s mission, vision, and values, as well as the development of a comprehensive strategy to achieve these goals. The process involves analyzing the organization’s internal and external environments, identifying strengths and weaknesses, and assessing opportunities and threats. The strategic planning process then involves the development of specific action plans, budgets, and performance targets. Finally, strategic management involves ongoing monitoring and evaluation of progress toward achieving the goals and objectives of the organization.

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