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Sunday, October 20, 2013

..Nature of strategic management..

Week2_topic 1:


In this week, the lesson is about the nature of strategic management that we must to understand first what it is strategic management definition. Based on what Miss Ummi explain in the lecture, Strategic management is defined as the art and science of formulating, implementing, and evaluating cross-functional decisions that enable an organization to achieve its objectives. There are many others thing that I learn in this chapters such as the key term in strategic management (must be remember right??), the strategic management model, about the benefits, pitfalls in strategic management, and last comparing business and military strategy.

Opss!! Do you know in strategic management also have it stage?? There are three stages in this strategic management that are strategy formulation, strategy implementation and strategy evaluation. This three stage maybe can be explain in this blog..

To be continue with topic 2.. (^^,)

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