300 word discussion question

Examine your current or a former organization’s process of strategic management. Explain how effective this process is compared to the organization’s performance. What are the factors or issues that contribute to how effective or ineffective the strategic management process is? Cite at least two external references in your initial response. This does not include your textbook.

Solution Preview

Based on my findings, strategic management is the laid down principles that govern the movement of an organization to ensure its successful operations. It can also be termed as a philosophical approach to business.

(391 words)