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Phil Gorman, Ph.D. Strategic management: characteristics of a Strategic Decision. Characteristics of a strategic decision. Consequences will not be known until 2 to 10 years in the future Will require serious re-allocation of resources Requires major irreversible investment Controversial
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Phil Gorman, Ph.D. Strategic management: characteristics of a Strategic Decision
Characteristics of a strategic decision • Consequences will not be known until 2 to 10 years in the future • Will require serious re-allocation of resources • Requires major irreversible investment • Controversial • Consequences for not acting now
Characteristics of a strategic decision • Consequences will not be known until 2 to 10 years in the future • Will require serious re-allocation of resources • Requires major irreversible investment • Controversial • Consequences for not acting now
Characteristics of a strategic decision • Consequences will not be known until 2 to 10 years in the future • Will require serious re-allocation of resources • Requires major irreversible investment • Controversial • Consequences for not acting now
Characteristics of a strategic decision • Consequences will not be known until 2 to 10 years in the future • Will require serious re-allocation of resources • Requires major irreversible investment • Controversial • Consequences for not acting now
Characteristics of a strategic decision • Consequences will not be known until 2 to 10 years in the future • Will require serious re-allocation of resources • Requires major irreversible investment • Controversial • Consequences for not acting now
Characteristics of a strategic decision • Consequences will not be known until 2 to 10 years in the future • Will require serious re-allocation of resources • Requires major irreversible investment • Controversial • Consequences for not acting now