1 / 5

Business Strategic Management

Business Strategic Management. Steps to strategic management. Environmental analysis Establish organizational direction Strategy formulation Strategy implementation Strategic control. Key objective areas. Market standing Innovation Productivity Resource levels Profitability

wan
Download Presentation

Business Strategic Management

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Business Strategic Management

  2. Steps to strategic management • Environmental analysis • Establish organizational direction • Strategy formulation • Strategy implementation • Strategic control

  3. Key objective areas • Market standing • Innovation • Productivity • Resource levels • Profitability • Manager performance and development • Worker performance and attitude • Social responsibility

  4. Strategic control • Typically consists of three steps • Monitoring performance • Comparing performance to standards • Taking corrective action where needed

More Related