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Strategic Management Process.
Title: Strategic Management Process.
Category: Business & Economy / Management
Details: Words: 4438 | Pages: 18.9 (approximately 235 words/page)
Strategic Management Process.
Table of Contents
1. Introduction1
2. Environmental Scanning1
2.1Societal Environment2
2.2Task or Industrial Environment5
2.3Internal Environment5
3. Outward-In-Approach6
4.Societal Environmental analysis7
4.1PEST Analysis7
4.2Scenario Analysis10
5.Industry or Task Environment10
5.1Porter's Approach10
5.2Strategic Group13
5.3Competitive Intelligence14
6.Internal Environment15
6.1Resource-Based Approach15
6.2Value Chain Analysis16
7.SWOT Analysis19
8.Conclusion20
Reference
1. Introduction
Strategic management has four basic elements such as environmental scanning, strategic formulation, strategic implementation and evaluation and control. Exhibit 1 shows the interaction between these elements.
Exhibit 1. Basic Elements of the Management …showed first 75 words of 4438 total…
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…showed last 75 words of 4438 total…the Knowledge Economy, Wiley, Germany
Pearce John A. II, Robinson Richard B. Jr., 2003, 8th Edition, Formulation, Implementation and Control of Competitive Strategy, McGraw-Hill Higher Education, New York
Pettigrew, R. 1996, Strategic and environment analysis - Introduction to Corporate Strategy. MacMillan Press Ltd
Wheelen Thomas L & Hunger David J., 2002, 8th Edition, Strategic Management and Business Policy, Addison Wesley, New Jersey
Johnson Gerry & Scholes Kevan, 1993, 3rd Edition, Exploring Corporate Strategy Text and Cases, Prentice Hall, New York
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