Strategic management lies in the value of planning, Strategic Management

Explain What still matters in strategic management lies in the value of planning?

Ans) There is an old saying that if you fail to plan, you are planning to fail. By acting on this, strategic management really gives the organization direction, a sense of uniqueness and unity towards what the business goal. Therein lays the continued significance of strategic management towards business success.


Each business has a vision and a mission. Strategic management takes into consideration both of these. Strategic management helps in achieving the organizational goals in an efficient and effective manner. For more details on significance of management, you can see the "significance of Management" section on

 

Posted Date: 4/1/2013 2:53:18 AM | Location : United States







Related Discussions:- Strategic management lies in the value of planning, Assignment Help, Ask Question on Strategic management lies in the value of planning, Get Answer, Expert's Help, Strategic management lies in the value of planning Discussions

Write discussion on Strategic management lies in the value of planning
Your posts are moderated
Related Questions
Integrated Marketing Communication (IMC ) and Marketing Channel strategy : Develop a promotional strategy addressing the advertising and sales promotion aspect of communic

Transfer pricing is applied internally within a group for management accounting purposes e.g. to measure the performance of divisions.   Increasing or decreasing an internal transf

1. Describe the brand you will establish across as many dimensions as you think are relevant 2. What will your brand association be?  i.e.  what is the one thing, above al

Q. Explain Dimensional performance matrix? The 6-dimensional performance matrix Similar to the balanced scorecard, Fitzgerald (1991) created a 6 dimensional performance m

Mergers and acquisitions (abbreviated M&A) are both an aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of di


Using examples, explain the differences between the primary and secondary markets for securities. Question Discuss systemic risk and any effects that it might have on investo


Payback period = total cost of investment / estimated annual revenue

Q. Explain about Financial analysis? The objective of financial statements is to provide information to all users of accounts to help them for decision-making.  Note that most