Homework Assignment Help

Homework Assignment Help

The nature and value of strategic management is to achieve the desired results and outcome due to careful research (environmental scanning), planning and development of a company’s strategy as well as the implementation and maintenance of it (Pearce & Robinson, 2013, p. 3).

  • Why is strategy important to business?
  • You will want to address the main components (three-tier process) of the strategic management process while discussing the importance of strategy for business.

Assignment Checklist:

Explain the concept of the strategic management (three-tier) process.

Discuss the importance of having a future oriented plan.

Discuss the organization’s vision, mission, purpose, philosophy or goal.

Discuss the strategic process as input for future decision making.