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ISBN 9781135186357. Retrieved 2018-06-17. Strategic management is the process of assessing the corporation and its environment in order to meet the firm's long-term objectives of adapting and adjusting to its environment through manipulation of opportunities and reduction of threats.A corporation-oriented view.
The Strategic Management Society ( SMS) is a professional society for the advancement of strategic management. [1] The society consists of nearly 3,000 members representing various backgrounds and perspectives from more than eighty different countries. Membership is composed of academics, business practitioners, and consultants.
Acad. Strateg. Manag. J. Academy of Strategic Management Journal is a bi-monthly peer-reviewed academic journal that covers the fields of management and organization studies, business, trade and marketing. Its editors-in-chief are Shawn Carraher ( University of Texas at Dallas ), Sang-Bing Tsai ( Civil Aviation University of China ). [1]
The Journal of Management Studies is a peer-reviewed academic journal that was established in 1963 and is published by Wiley-Blackwell on behalf of the Society for the Advancement of Management Studies. [ 1] The journal publishes both conceptual and empirical papers in the field of management. Specific areas of focus include, organizational ...
Strategic thinking is a mental or thinking process applied by an individual in the context of achieving a goal or set of goals. As a cognitive activity, it produces thought . When applied in an organizational strategic management process, strategic thinking involves the generation and application of unique business insights and opportunities ...
The dynamic model of the strategy process is a way of understanding how strategic actions occur. It recognizes that strategic planning is dynamic, that is, strategy-making involves a complex pattern of actions and reactions. It is partially planned and partially unplanned. A literature search shows the first of these senses to be both the ...
Strategy implementation requires the following activities to be undertaken: Strategy articulation - Building consensus within the team responsible for delivery of the strategy about the outcomes to be achieved. Strategy validation - Engaging with stakeholders and others to confirm strategic outcomes being pursued are acceptable.
Management science (or managerial science) is a wide and interdisciplinary study of solving complex problems and making strategic decisions as it pertains to institutions, corporations, governments and other types of organizational entities. It is closely related to management, economics, business, engineering, management consulting, and other ...