What is Strategic Planning and Management? - HOW TO MAKE A STRATEGIC PLANNING
What is Strategic Planning and Management? - HOW TO MAKE A STRATEGIC PLANNING
The strategic management involves the formulation and implementation of the main objectives and initiatives by the managers of the companies, based on the consideration of the resources and an assessment of the ecosystems in which the company competes.
Strategic management provides a direction to the company that involves organizational objectives, development policies and plans designed to achieve the objectives and distribute resources to implement plans. Academics and managers develop models to assist in making strategic decisions.
Strategic management is not static by nature, models include a feedback loop to monitor execution and obtain information for the next planning stage
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