Strategic management
Elements of Strategic management: Main components and main attributes of Strategic Management Principle: Illustrates the linkage between strategic content that needs to be managed Issues: Main issues of strategic management…
Strategic Planning Process
Elements of Strategic Planning Process: Steps in the planned process Principle: The planned process of deliberate strategic development and implementation Issues: Deliberate strategies not always suitable – when focusing the…
Strategic Process
Elements of Strategic Process: Steps in the Strategy Process and main components Principle: Process from identification to implementation of strategy Issues: KSF & CSF Stakeholders interests Does it create competitive…
Strategy Definitions and Levels
The word “strategy” is derived from the Greek word for the art of a military general. Although many authors have offered business definitions for strategy, none has received universal acceptance.…
Strategic and Tactic Level – The difference
The common differences between strategies and tactics are as follows: Strategies are often developed at higher level management Uncertainties are usually greater with strategies Strategies are concerned with issues of…