The Five Stages of the Strategic Management Process
The strategic management approach entails more than just following a set of guidelines. It's a way of looking at business from a philosophical standpoint. Upper management must first plan strategically, then put that strategy into action. When everyone in the company understands the strategy, the strategic management process works best.The five stages of the process are goal-setting, analysis, strategy formation, strategy implementation and strategy monitoring.Clarify Your VisionThe purpose of goal-setting... Читать дальше...