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The Role of Strategic Management to Success

Why would you say that strategic management is "important to the success of an organization?

Please list and discuss (briefly) your list and why the items on your list are important to success and viability in the business world.

When possible, share 'support and references for your claims'.

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In a large regard, the reason that strategic management is important to the success of an organization, is due to the fact that a need exists for the organization to maintain an understanding of the existing marketplace. What I mean by this is if ...

Solution Summary

This response explains the importance of strategic management to the success and viability of an organization.