Topic 1 Nature of Strategic Management

Hi this is first entry....….ermmmm this blog actually focus more to my strategic management subject…Topic 1 the nature of strategic management…

     Okayy…strategic management is ART and formulating to achieve our objectives.

     In management have 3 stages.Firstly, strategy formulation.in this strategy we should have own vision, mision and also SWOT analysis.

     Second stages is strategy implementation which is establish objectives, policies......this strategy also called action stage...

     Third stages is strategy evaluation which is review external and internal factors, measures performance an take corrective actions