- Description
STR 581 Wk 1 Discussion – Strategic Management Process
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students. I look for specific, “real-world” applications of principles.
Due Thursday
Respond to the following in a minimum of 175 words:
The strategic management process is key the leadership of a
company. Discuss what is involved in the leadership of this process
and how it differs from the day-to-day management of the company.
- Why is strategic planning important to the organization? What makes it strategic?
How does strategic planning help the organization? Give current event examples
or examples from actual, real-life situations.
- What legal issues do companies face when creating a strategic plan? What effects do
legal issues have on a company’s strategic planning process? Discuss in
terms of local, national, & global compliance strategies.
Due Monday
Reply to at least 2 of your classmates. Be constructive and professional in your
responses. I look for specific, “real-world” applications of principles.