The Strategic Management Process

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  • čas přidán 16. 02. 2020
  • www.executestrategy.net/blog/...
    Strategic management refers to how organizations define the business outcomes that they want to achieve, and then how they will utilize their resources to achieve those outcomes. Strategic management covers strategic planning, implementation and strategy iteration.
    To make strategic management tangible, it's helpful to apply a structured strategic management process. This process describes the steps, in order, that an organization should perform to figure out where they want to get to, how they're going to get there and whether or not they're succeeding.
    BONUS: You can download this entire process as an eBook for your reference for FREE!
    www.executestrategy.net/blog/...
    This is a comprehensive guide to strategic management, so to make things easier to navigate, here's a table of contents for everything we're going to cover.
    Why is Strategic Management Important?
    What is a Strategic Management Process?
    1: The Plan Phase of Strategic Management
    1.1: High-level Goal Setting
    Vision Statement
    Focus Areas
    Corporate Level Strategic Objectives
    1.2: Strategic Analysis & Understanding Your Environment
    Internal Strategic Analysis
    External Strategic Analysis
    BONUS: SWOT Analysis
    1.3: In-Depth Strategy Formulation
    Business Level Strategic Objectives
    Projects
    KPIs
    2: The Manage Phase of Strategic Management
    2.1: Strategic Governance
    Meeting Structures
    Strategy Reporting
    2.2: Strategic Communication
    2.3: Strategy Culture
    2.4: Performance Management
    BONUS: Common Pitfalls of Strategic Implementation
    3: The Track Phase of Strategic Management
    3.1: Track Progress Against Strategic Outcomes
    Implementing KPIs
    Automating Reporting
    Implementing a Strategy Tracking Tool
    Applying Strategic Frameworks
    3.2: Iterating Strategy
    The Final Word: Strategic Management = Culture
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Komentáře • 2

  • @ntcuong01ct1
    @ntcuong01ct1 Před 3 lety +1

    Dear friends, I have a question: I want to display the core competency of a company through strategy map, balanced scorecard. Could you help?. Thank you.

  • @WILL-fu6jk
    @WILL-fu6jk Před 3 lety

    it says stragic rather than strategic on the front cover