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    Strategic Management Process Stages

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    Hello, I need help developing a response discussing the strategic management process. What strategic leadership activities are needed for strategy implementation?

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    https://brainmass.com/business/business-management/strategic-management-process-stages-608965

    Solution Preview

    According to Jim Clayton, the strategic management process is a philosophical approach to business. Executive managers have to think of the strategy then apply it into a process. Its implementation will be effective if everyone understands the strategy well.

    The five stages of strategic management process: Goal-setting (clarifying the vision with objectives and identifying how to accomplish them); Analysis (gathering of relevant information to accomplish vision); Strategy Formulation (reviewing analysis, determining resources, formulating strategy and alternative approaches); Strategy Implementation (executing the plan once the funding is available); and Evaluation ...

    Solution Summary

    Strategic management process is described in the solution. The five stages of the strategic management process are determined. The key strategic leadership actions are examined. The solution is 344 words with two non-APA references provided.

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