Elements of the strategic management process 7 Articles

by I. Michael Akbar

Strategic planning was developed many years ago as an alternative to what was then called long-range planning. In short, long-range planning took historical data and several market assumptions to chart the direction that ...read more

by Paul Lines

In corporate terms, strategy is the plan that the business devises in order to achieve its long-term goals and objectives. These objectives are essentially to secure continued business success and meet the demands and expe...read more

by Todd Pheifer

There are a variety of methodologies for a strategic management process, and each decade brings new buzzwords and philosophies to a variety of industries. Strategic planning involves evaluating where we are, who we are, a...read more

by Geraldine Daniels

Planning, budgeting, acquiring resources, maintaining resources and using follow-up techniques to resolve key issues are key elements for managers to know in the strategic management process. The first principle is to d...read more

by Marilyn Lindblad

Working for a Fortune 500 company, I have seen firsthand how strategic management can inspire the work force and grow the business. Management constantly reviews and refines the strategic process and sets short- and long-t...read more

by Glenda K. Fralin

Strategic management is a part of every successful business. The process of outlining a strategy involves: Vision, Goals, Plan of Action, Implementing the Plan, and Evaluating Progress. Without guidelines set up throug...read more

by Andy Allen Anderson

Much has been written about successful management strategies and techniques, but I believe a good amount of this material has been written in vain. Some believe there is exactly this many steps, or that things must be done...read more