How Strategic Management Works

Strategic management is the process in which you put down a company’s goals, policies and objectives in a format that can be implemented downwards and in a simple and practical way. One of the main ways in which firms have tried to ensure that their mission and plans are presented in a way that workers can understand is through a top down strategic planning model. This is a model where top executives will come up with the company’s policy and after a certain period of time communicates it down to the rest of the organization so that it can be … Read more at Free Business Cards