Strategic management was not recognized as a discipline of value even two decades ago. Now, literature abounds on the importance of strategic management for organizational success or goal achievement. With the unprecedented speed in the development of information technology and resultant advancement in the spread of globalization during the last decade, strategic management has come to be known as imperative for sustaining in this age of unreasoning. Enhancing competitive superiority, achieving superior performance and maximizing organizational productivity requires strategic actions or activities on the part of the organizations. Strategic management is involved in developing and implementing an organization’s competitive strategy or procedure...
Detail: Strategic Management Overview
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