logo share us

Strategic Management


Definition: Strategic Management is the field within business administration and management concerned with the way organizations can determine and execute their strategy to realize their long-term goals effectively and efficiently.
Strategic management involves the formulation and execution of the strategic vision, major goals and strategic initiatives by a company's top management in order to create value for the owners (shareholders) and stakeholders, based on consideration of the resources, strengths and weaknesses of the organization, the industry structure and macro environment in which the organization operates and competes.


Learn more about Strategic Management.

More on corporate strategy: ADL Matrix, BCG Matrix, Congruent Strategy, Core Competence, Corporate Mission, more on corporate strategy...

MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.

add us to your desktop

Add MBA Brief to your desktop / iPad


© 2024 MBA Brief - Last updated: 20-7-2024  -  Privacy   |   Terms