Strategic Management

Strategic management What is Strategic Management? Strategic preparation is a process to provide direction and meaning to everyday activities. It examines an organizations values, current status, and surroundings, and relates those factors to the organizations desired future state, usually expressed in five- to ten-year time periods. The organization may be a program, aim, rail district, public or private agency, or any nigh other institution that wishes to control its future. If the organization existed in a nonmoving environment in which no change was needful or desired, there would be no need for strategical planning. But, our environment is changing -demographically, economically, and culturally. Thus, strategic planning is both a answer to, and a tool for adapting to, those changes and creating an organizations future within the condition of change. McCune describes strategic planning as a process for organisational rehab ilitation and transformation. She identifies a...If you want to get a full essay, install it on our website: OrderEssay.net

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