3.3 STRATEGIC PLANNING What is strategic planning? Strategic planning is a disciplined process for making key decisions and agreeing on actions that will shape and guide what an organisation is, what it does, and why it does it. Planning is an important aspect of strategic thinking and management. By working on a strategic plan together a team can:
LECTURE NOTES ON STRATEGIC PLANNING WHAT IS STRATEGIC PLANNING—OR, PUT ANOTHER WAY, WHAT ARE THE ELEMENTS OF A STRATEGIC PLAN? • A strategic plan is an overall defined course of organizational action for a set period of …
strategic management of projects ... (Lecture 13) 7. The costs of project control can be minimized by understanding the sources of the vicious circles. The timing, magnitude, and duration of different controls affects ... Lecture 12: Project Strategic Issues ...
MARKETING LECTURE NOTES Dimitris Drosos Lecturer ... ICT in Market Research and ICT in Market Researchand ICT in Market Research– –––Marketing NotesMarketing Notes MARKETING – MANAGEMENT PROCESS ... ICT in Market Research and ICT in Market Researchand ICT in Market Research– –––Marketing NotesMarketing Notes STRATEGIC ...
STRATEGIC MANAGEMENT Notes Overview The greatest challenge for a successful organization is change. This threatening change may either be internal or external to the enterprise. The concept of strategy The concept of strategy in business has been borrowed from military science and sports where it implies out- maneuvering ...
Strategic management is defined as the set of decisions & actions in formulation and implementation of strategies designed to achieve the objectives of an organization. It involves 7 steps. Organizational Mission & Objectives: They have some specific mission towards which all efforts are directed. ...
notes to a book of over 125 pages. ... 02 business policy and strategic management 19-30 03 strategic analysis 31-50 04 strategic planning 51-66 05 formulation of functional strategy 67-84 06 strategy implementation and control 85-98 07 reaching strategic edge 99-110 08 case studies 111-128 ...
The distinction between strategic thinking, strategic management and strategic planning 45 STRATEGY IN ACTIONQuick strategic thinking in unfavourable circumstances45 STRATEGY IN ACTIONSony – the disruptive innovator 50 Principles for the successful use of strategy 61 Finding the right strategic mix of entrepreneurial creativity and
COURSE NOTES STRATEGIC ANALYSIS LECTURE 2 – CHAPTER 1 – BUSINESS MODELS – VISION, MISSION, VALUES Learning Objectives: 1. Define strategic management and its four key attributes Define: strategic management - ‘consisting of the analyses, decisions and actions an organisation undertakes to create and sustain competitive advantages ...
strategic management efforts. Their input, advice, and lessons learned, both successes and failures, have been incorporated into this document so that we may all apply better strategic management processes in our organizations. Special thanks is extended to those who participated in the Case Studies by sharing the details of their strategies ...
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