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DIPLOMA IN MANAGEMENT 3RD YEAR ACADEMIC GUIDELINES & ASSIGNMENTS SEMESTER 2 HANDBOOK TABLE OF CONTENTS TOPIC PAGE NUMBER 1. ACADEMIC INFORMATION 15 2. OUTLINE OF MODULES & ASSIGNMENT TOPICS 653 FACULTY

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1. Start by understanding the purpose of strategic management. This involves identifying and setting goals, analyzing the current situation, and formulating strategies to achieve those goals.
2. Assess the internal and external environment of the organization. This includes evaluating strengths, weaknesses, opportunities, and threats (SWOT analysis).
3. Identify the key stakeholders involved in the strategic management process. This may include executives, managers, employees, shareholders, and customers.
4. Define the mission and vision of the organization. This helps to provide a clear direction and purpose for the strategic management process.
5. Develop and implement strategies that align with the organization's goals and objectives. This may involve brainstorming, evaluating different options, and selecting the most suitable strategies.
6. Create an action plan outlining the specific tasks, responsibilities, and timelines for implementation. This helps to ensure that the strategies are executed effectively.
7. Monitor and evaluate the progress of the strategic management process. This involves regularly reviewing and analyzing performance indicators to identify any deviations and take corrective actions if necessary.

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What is strategic management - oval?

Strategic management - oval is a process of defining an organization's strategy and making decisions on allocating resources to pursue that strategy.

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To fill out strategic management - oval, one must gather relevant information about the organization's goals, objectives, and resources and align them with the overall strategy.

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The purpose of strategic management - oval is to ensure that an organization's resources are effectively allocated to achieve its goals and objectives.

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Information such as mission statement, vision statement, SWOT analysis, goals, objectives, and action plans must be reported on strategic management - oval.