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IMPACT OF STRATEGIC MANAGEMENT ON THE PERFORMANCE OF PRODUCTION FIRMS (A study of selected firms in Lagos)BYONWUBUARIRI CLINTON CHIPPIE (B.ENG.) REG NO: 20064576958A THESIS SUBMITTED TO THE POSTGRADUATE
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Step 1: Identify the goals and objectives of the organization
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Step 2: Conduct a SWOT analysis to assess the internal strengths and weaknesses, as well as external opportunities and threats
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Step 3: Develop strategies and action plans based on the findings of the SWOT analysis
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Step 4: Implement the strategies by allocating resources, assigning responsibilities, and monitoring progress
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Step 5: Evaluate the impact of the strategic management by measuring key performance indicators and comparing them to the goals and objectives
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The impact of strategic management refers to the effect that strategic decisions and actions have on a business or organization in achieving its goals and objectives.
Organizations and businesses that have implemented strategic management processes are required to file impact reports to evaluate the effectiveness of their strategies.
To fill out impact of strategic management reports, organizations need to gather data on key performance indicators, analyze the results, and provide insights on the impact of their strategic decisions.
The purpose of impact of strategic management reports is to assess the effectiveness of strategies, identify areas for improvement, and make informed decisions for future planning.
Information reported on impact of strategic management may include financial results, market share, customer satisfaction, employee engagement, and other key performance indicators relevant to the organization's goals.
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