Contents 1. Meaning of Strategic Management 2. Stages of Strategic Management 3. Key terms in strategic management 4. The strategic management model 5. Benefits of strategic management 6. Business ethics and strategic management 2 1.1. What is Strategic Management ...
Strategic management is the process of formulating and implementing strategies to achieve long term goals and competitive advantage. Definition; “ A stream of decision and actions, which lead to the development of an effective strategy or strategies to help achieve ...
Basic information Course: Strategic Management PEMNASMA Tutor: Sarka Zapletalova Office: building B202 Contact: zapletalova@opf.slu.cz Requirements on students (total sum of points 100) 1. Active participation in seminars – 5% of points 2. Seminar paper – 10% of points ...
Business Strategy and Human Resources Strategy Strategic Management Process Where We Are Now? Where Do What Should We What is Our Situation? We Want to Do? Go? Strategic Strategy Strategy Analysis Formulation Execution Dr. Darmin A. Pella, Strategic HRM di ...
Learning Outcomes 1 Understand the importance of strategic planning 2 Define strategic business units (SBUs) 3 Identify strategic alternatives and know a basic outline for a marketing plan 4 Develop an appropriate business mission statement 5 Describe the components of ...
z COSMA’s Principle 2.0: Strategic Planning Excellence in sport management education is enhanced through an effective strategic planning process. This requires the academic unit/sport management program to have developed and implemented a strategic plan, and to be using ...
+ Strategic Management This is what manager’s do to develop the organization’s strategies. This involves all the basic management functions: planning, organizing, leading & controlling. Organizational strategies are the plans for: how the organization will do whatever ...
PART ONE: OVERVIEW OF STRATEGIC MANAGEMENT • Chapter 1: The Nature of Strategic Management LEARNING OBJECTIVES At the end of this session you should be able to: 1. Explain what is strategic management is, 2. Explain Stages of strategic management ...
Overview Why do some firms succeed while others fail? A central objective of strategic management is to learn why this happens. What is strategy? An action a company takes to attain superior performance. What is the strategic management process? The ...
Learning Objectives 9.1 Define strategic management and explain why it’s important. 9.2 Explain what managers do during the six steps of the strategic management process. Know how to identify your own personal strengths and weaknesses and deal ...
Learning Outcomes (slide 1 of 2) 2-1 Understand the importance of strategic planning 2-2 Define strategic business units (SBUs) 2-3 Identify strategic alternatives and know a basic outline for a marketing plan 2-4 Develop an appropriate business mission statement 2-5 ...
Strategic Planning in Retail Learning Outcomes: Strategic Planning in Retail 5.1 Explain the importance of strategic planning to retailers • 5.1.1 Outline the steps of retail strategy planning • 5.1.2 Describe the value of an ...
L E A R N I N G O U T L I N E Follow this Learning Outline as you read and study this chapter. The Importance of Strategic Management Define strategic management, strategy, and business model. Explain why ...
Chapter 1: Strategic planning in your business INTRODUCTION There are certain specific characteristics that high-performing companies have which separate them from low-performing companies: • There is a clear sense of direction; • There is an abundance of skilled entrepreneurship; &bull ...
The Strategic Management Process Mencakup sejumlah: Komitmen Keputusan Aksi Yang diperlukan bagi perusahaan untuk mencapai: Strategic Competitiveness Sustained Competitive Advantage Above-Average Returns 2 Manajemen Stratejik? Sejumlah keputusan dan aksi yang menghasilkan formulasi dan implementasi perencanaan yang didesain untuk mencapai tujuan ...
SWOT Analysis for Individuals • “Those with keen understanding of their strengths and needs are in much better position than those with limited or faulty self-knowledge. —Howard Gardner, Frames of Mind • Employment counselors and career development specialists ...
Introduction Information & Communications Technology is a key enabler to Customs reform and modernization Already ubiquitous in the current operating environment Increasing complexity of ICT implementations places challenges on all levels of a Customs administration Common Pitfalls Strategic management ...
Mission – Vision – Goals What the organisation is trying to be and trying to achieve; • require congruency and fit between levels; • an overall enduring purpose – Mission; • a desired future position – Vision; • translating mission ...
Operational Excellence & Strategy Deployment Achieving Operational Excellence requires the successful implementation of an integrated Business Execution System that effectively and seamlessly integrates the following four building blocks: Strategy Deployment, Performance Management, Process Excellence, and High Performance Work Teams ...