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Strategic management

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MUTAZMUAZ

Strategic management is the strategic use of a business's resources to reach company goals and objectives. Strategic management requires reflection on the processes and procedures within the organization as well as external factors that may impact how the company functions.

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By MUTAZ MUAZ MBA student in ALTINBAS UNIVERSITY - TURKEY
Strategic management
 What is Stages of strategic management 1. The goal of the strategy. 2. Preparing the company or institution message.
3. Defining external opportunities and threats. 4. Identify internal strengths and weaknesses. 5. Set long-term goals.
6. Finding alternative strategies. 8. Determine new areas of business that can be entered into. 10. Determine entry to global markets, or integration with other companies.
 Strategy implementation process :  Strategy articulation - Building consensus within the team responsible for delivery of the strategy about the outcomes to be achieved  Strategy validation - Engaging with stakeholders and others to confirm strategic outcomes being pursued are acceptable  Strategy communication - Convert strategic objectives into clear short-term operating objectives that can be assigned to groups for delivery
 Strategy implementation process:  Strategy monitoring - Monitor the progress of the organization in delivering the strategic objectives  Strategy engagement - Managerial interventions designed to ensure organization successfully achieves chosen strategic outcomes
Strategic Management By MUTAZ MUAZ MBA student in ALTINBAS UNIVERSITY – TURKEY 2020

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Strategic management

  • 1. By MUTAZ MUAZ MBA student in ALTINBAS UNIVERSITY - TURKEY
  • 3.  What is Stages of strategic management 1. The goal of the strategy. 2. Preparing the company or institution message.
  • 4. 3. Defining external opportunities and threats. 4. Identify internal strengths and weaknesses. 5. Set long-term goals.
  • 5. 6. Finding alternative strategies. 8. Determine new areas of business that can be entered into. 10. Determine entry to global markets, or integration with other companies.
  • 6.  Strategy implementation process :  Strategy articulation - Building consensus within the team responsible for delivery of the strategy about the outcomes to be achieved  Strategy validation - Engaging with stakeholders and others to confirm strategic outcomes being pursued are acceptable  Strategy communication - Convert strategic objectives into clear short-term operating objectives that can be assigned to groups for delivery
  • 7.  Strategy implementation process:  Strategy monitoring - Monitor the progress of the organization in delivering the strategic objectives  Strategy engagement - Managerial interventions designed to ensure organization successfully achieves chosen strategic outcomes
  • 8. Strategic Management By MUTAZ MUAZ MBA student in ALTINBAS UNIVERSITY – TURKEY 2020