Rex C. Mitchell, Ph.D. Strategic Management Process Rex C. Mitchell, Ph.D. Strategic management is an ongoing process of managing an organization strategically. This involves a set of management decisions and actions that result in formulating and implementing strategies that determine the performance and success of the organization.
Strategic management requires good strategic thinking to be successful.
You need to understand the model very well and use it throughout the course, but your application of the model will be of little value without good strategic thinking. Please read several times the module on strategic thinking. It also will be helpful to read the page on strategic management terms before proceeding with this rest of this module. You should be sure you are dealing with causal problems rather than their results and symptoms. Both immediate and long-range problems should receive attention.