THEORIES OF STRATEGIC MANAGEMENT

Theories of strategic management

Theories of strategic management

Today, when the global economy is growing every day, strategic management has acquired a new meaning, making it as a management technique and philosophy. The latest theory of management control, was adopted with great fanfare, the employees have been trained only to the benefits that are deemed insignificant after a while, and when the program is lagging, to stop the bosses turned their attention to a new management theory (Afuah, 2008).

There are a range of business management theories for the bosses to follow, such as Total Quality Management, Six Sigma, Kaizen, ...