Strategic Management

Topic

Strategic Management

Instructions

Write a 200-word post about strategic management.

Answer preview

Strategic management entails the process of implementing and formulating the key initiatives and objectives taken by an organization’s senior-level management on behalf of owners. Notably, strategic management revolves around assessing strategies, analyzing the competitive environment, setting goals, and ensuring that the organization implements the right strategies. For any organization to continue to flourishing, the top management needs to utilize its brand name and innovative research facilities in order to come up with new strategies that will create and reach a bigger target group.

Word count: 222