What does Strategic Management mean?

• A strategy helps to focus on few essential things!
• Strategy = thinking in options. It’s a conscious choice of what we do and what we don’t do!
• Strategy is about creating and securing potential for success (profit potential)
• Strategic Management: Doing the right things!

The Essence of Business Strategies

• Strategies define the fields of activity of the company
• Strategies determine the action program in relation to competitors
• Strategies refer to the business environment and monitor the changes
• Strategies relate to the company’s resources
• Strategies reflect the key attitudes, desires and values of the decision-makers
• Strategies are focused on the entire business
• Strategies are highly significant for a company’s profit situation – they are ”big decisions”
• Strategies can be the result of a systematic planning process

Maximizing customer value and maximizing production efficiency!

F. Malik

For more information, please contact us anytime: Slamanig Strategy Management