Elements of Strategic management:

Main components and main attributes of Strategic Management


Illustrates the linkage between strategic content that needs to be managed


Main issues of strategic management are:

  1. Strategic analysis (or appraisal)
  2. Strategic choice
  3. Strategic implementation

1+2 defined by the Strategy formulation or development, Strategy Process


Typical symptoms of an organisation in need of strategic plan and management is:

  • Business stagnation or deterioration
  • Crisis management as a normal mode of operation
  • Senior management frustration at an inability to get things done
  • Excessively political and personalised decision-making
  • Customers and suppliers confused about the form’s direction and product strategy

Source of Strategic management:

Johnson, G (2014)