12 Characteristics/Features of Strategic Management

12 Characteristics/Features of Strategic Management

Characteristics of Strategic Management Strategic management is a set of decisions and actions used to formulate and execute strategies that will provide a superior fit between the organization and its environment and helps to achieve organizational goals. The main features or characteristics of strategic management are mentioned below: Facilitates Strategy Implementation One of the main … Read more

Strategic Management: Definition, Features, Process, Importance, and Factors

Strategic Management

What is Strategic Management? Strategic management is the process of the best use of organizational resources and the implementation of strategies to achieve expected goals and objectives. It is a set of commitments, actions, and decisions that gives almost positive results and sustainable competitive advantage. Strategic management is all about taking decisions and actions regarding … Read more