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Mastering Strategic Management

Mastering Strategic Management provides a clear and insightful exploration of the complex issues faced by managers today. Organisations face constant change as a result of competitive pressures, political changes, social developments and technological progress. Strategic management is a plan of action to enable an organisation to succeed in this changing world through the dynamic management organisation and leadership of private and public sector companies and institutions. This book describes and analyses all these issues and explains the process of meeting the needs of an organisation's customers and other stakeholders.

3. Strategic. options. OBJECTIVES To understand the operating environment of
strategic management To analyse the importance of value chains To discuss
strategic resources To discuss critical success factors The operating environment
– Value chains – The intensity of rivalry – Strategic resources – Organisational
forms and structures – The learning organisation – Risk management
Operational and strategic control – Stakeholders – Critical success factors –
Selecting a strategy ...