Importance of strategic management , Strategic Management

Discuss What is the importance of strategic management towards the success of a business?

Ans) Strategic management used to play a dissimilar after the Second World War. Strategic plans of the past generally range 3 to 5 years. Some companies could even have plans for 10 good years. That is not possible today given rapid evolution of our society.

 

Posted Date: 4/1/2013 1:26:15 AM | Location : United States







Related Discussions:- Importance of strategic management , Assignment Help, Ask Question on Importance of strategic management , Get Answer, Expert's Help, Importance of strategic management Discussions

Write discussion on Importance of strategic management
Your posts are moderated
Related Questions
Q. Examples of external failure cost The customer perspective can control performance by the assessment of external quality failure.  Costs incurred after the customer has rec

1. Read "The Global Branding of Stella Artois" in page 244 to 258, and answer the following questions: a) Develop a 5-forces analysis of the beer industry, noting whether the force

Question 1: (a) What is vibration monitoring? Explain, with examples, how can it be useful in industries. (b) Briefly, explain the sources of contaminants which are comm

The title of the research question is: 1. To investigate and research on a business organization of your interests. 2. To identify the scope of their business strategy, within th

Ask What advantages are there to employees as stakeholders are available in Germany that are not provided to employees in US companies? In the United States, how do employees let

Q. Show the Budgetary planning ? A budget is a forecast and quantified plan of action. Budgetary planning creates a budget like a part of the planning process for the organisat

Write a submission to your chief executive officer of your organisation describing a strategy to improve the organisation's assets, their management, and the standard of service wh

QUESTION (a) Organisations are systems that exist in the context of an external environment, an interdependent relationship, interact with it in order to survive and grow. Any

Q. Recommended process to develop a performance measurement system  1. Senior management need to determine a clear vision of the change that will be required and demonstrate c

Question 1: (a) What do you understand by the term "cultural web" as referred to organisations? (b) Apply the cultural web concept to Toyota. Discuss whether the cultural we