What Are A Strategic Manager?

Strategic management is the art and science of formulating, implementing and evaluating cross-functional decisions that will enable an organization to achieve its objectives. It involves the systematic identification of the firm 's objectives, nurturing policies and strategies to achieve these objectives, and acquiring and making available these resources to implement the policies and strategies to achieve the firm 's objectives. Strategic management, therefore, integrates the activities of the various functional sectors of a business, such as marketing, sales and production to achieve organisational goals. It is the highest level of managerial activity, usually

Strategic management includes a clear understanding of the vision, mission, and values of the organization in the market place. It also creates the organization to analysis internal and external strengths, weaknesses, opportunities, and threats (SWOT) (Rowe & Dato-on Conway, pp. 164-165)

"Strategic management is a set of managerial decisions and actions that determine the long-run performance of a corporation" (Wheelen & Hunger, 2006, p.3). The benefits of strategic management helps the firm focus on the objectives and develop the steps involved in obtaining the vision and financial wealth of the organization. An effective strategic management plan should include the following three questions: (1) Where is the organization now? (2) If no changes are

Strategic management is the process where leaders establish an organization’s long-term direction, set the specific performance objectives, develop strategies to achieve these objectives in the light of all external and internal changes, and undertake effective strategies to manage these changes and execute action plans.

Pearce, J. A. II, & Robinson, R. B. (2009). Strategic management: Formulation, implementation, and control (11th ed.). [University of Phoenix Custom Edition e-text]. New York: McGraw-Hill. Retrieved August 20, 2011, fr

Managing a strategic plan is about setting the underpinning aims of an organization, choosing the most appropriate goals and fulfilling them overtime (Masood et al., 1995). Furthermore, managing a strategic plan can be defined as the art of formulating, implementing and evaluating cross-functional decisions that helps as organization to achieve their objectives (Analoui & Karami, 2003, p. 5).

What Is Strategic Management a process for defining and addressing the management implications of an organization's strategic and operational plans? A long-term context for short-term activities. Strategic management is the analysis of the work done by the management of an organization on behalf of the owners. It gyrates around expressing the purposes of the organization and coming up with an appropriate mission and vision statement. Mission and vision statement together are used to help develop policies and plans to be used in long term and short term goals often categorized as projects or programs. It also involves the right resources of management to ensure that the business profit are maximized to grow the company. Strategic Competitiveness

In conclusion, for an organization to achieve its goals, strategic management is a crucial element which makes it possible to be aware of external threats, to have an improved understanding of competitors’ strategies, increased employee productivity, reduced resistance to change and a clearer understanding of performance–reward relationships.

“Strategic management is the comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission, vision and strategy throughout an organization” (Strategic management, n.d)

Strategic executives are responsible for developing strategies for the organizational structure as well as the facilities and tools required to support the mission and vision. Leaders must take into consider the degree to which the organization should operate virtually. Facilities and IT tools differ depending on the geographical location, culture, global partnerships, industry, and types of projects within an organization.

In every organization strategic management has a direct impact on its business. Strategic Management helps to attain superior performance and competitive advantage for an organization. Through competitive

Strategic management is a combination of both strategy formulation and strategy implementation. It is the top most level of managerial activity, usually accomplished by an organization’s Chief Executive Officer (CEO) and executive team and also provides overall direction to the creativity.

It is analyzing , making decisions and taking actions by an organization to make a sustained competitive advantages for the company or an organization. In other words strategic management is a way of making new formulas , implementing new ideas and evaluating which makes an organization or a company to reach their goal or make a way to their objectives. The main objective of strategic management is to maintain company standards to make it running and make profit out of trades.

“A person’s ability to anticipate, envision, maintain flexibility, think strategically, and work with others to initiate changes that will create a viable future for the organization, and its competitive advantage to the organization in this way.” This definition applies to:

Initially, Strategic management would involve the degree of implication of people, and especially managers in order to define, decide and execute a strategy.