STRATEGIC THINKING AND PRACTICE

Strategic Thinking and Practice

Strategic Thinking and Practice

Introduction

Strategic thinking and practice evolves, from various initiatives and resources to enhance and boost the performance of the organization. Strategic thinking and practice gives way to strategic management. Strategic management defines the organizational mission, vision, goals, and objectives. It tells directions to the organization. Strategic management heavily depends on the size and activities of the organization and its environment. Strategic thinking and practice is dependent on performance, evaluation and competitors in an external environment. The differing relations include the competition level of an organization. The competition level defines how much the organization ...