| Revision as of 00:54, 5 July 2003 editMydogategodshat (talk | contribs)7,163 editsNo edit summary← Previous edit | Revision as of 04:17, 5 August 2003 edit undoMydogategodshat (talk | contribs)7,163 editsmNo edit summaryNext edit → | ||
| Line 8: | Line 8: | ||
| The process involves matching the companies' ] to the ] the organization faces. | The process involves matching the companies' ] to the ] the organization faces. | ||
| ==Also see== | |||
| * ] | * ] | ||
| * ] | * ] | ||
| Line 17: | Line 17: | ||
| * ] | * ] | ||
| < |
<div align=center><table border=6 cellpadding=5><tr><td valign=middle><small>]</small></td><td valign=middle><small>]</small></td></tr><tr><td valign=middle><small>]</small></td><td valign=middle><small>]</small></td></tr><tr><td valign=middle><small>]</small></td><td valign=middle><small>]</small></td></tr></table></div> | ||
Revision as of 04:17, 5 August 2003
Strategic management is the process of specifying an organization's objectives, developing policies and plans to achieve these objectives, and allocating resources so as to implement the plans. It is the highest level of managerial activity, usually performed by the company's Chief Executive Officer (CEO) and executive team.
In broad terms it asks three questions:
- Where are we now?
- Where do we want to go?
- How do we get there?
The process involves matching the companies' strategic advantages to the business environment the organization faces.
Also see
| List of Marketing Topics | List of Management Topics |
| List of Economics Topics | List of Accounting Topics |
| List of Finance Topics | List of Economists |