Please enable JavaScript.
Coggle requires JavaScript to display documents.
foundation of planning (strategic management process (internal analysis,…
foundation of planning
reasons for planning
reduce the impact of change
minimize waste and redundancy
provide direction
set the standards to facilitate control
criticisms
may create rigidity
reduce intuition and creativity
short eyesight
strategic management process
internal analysis
formulating strategies
external analysis
implementing strategies
identifying the current mission, goals and strategies
evaluating results
renewal strategy
retrenchment strategy
turnaround strategy
stability strategy
growth strategy
horizontal integration
vertical integration
concentration
diversification
competitive strategy
functional strategy
marketing
human resource
manufacturing
finance
R&D