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Strategic Management in Action for Future Goals

How would strategic management allow for an organization to be proactive in shaping its own future? What types of organizations (provide at least 3) would need to evaluate strategy more frequently than others and why?

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Strategic management is not a task, but a rather a set of managerial skills that should be used throughout the organization, in a wide variety of functions.

Strategic cross-functional management is central to capitalizing on functional excellence, and in order for functional specialists to make the greatest possible contribution, managers must take a broader view of their functions and understand how they fit into the web of the organizational processes and, ultimately, into the overall strategy.

The overall purpose of the experimental strategic learning and management process is to establish which strategic options or elements thereof are robust across the scenarios and ...

Solution Summary

Strategic management is considered.