Overview of strategic management
Overview of strategic management: The NetMBA site (see assignments) presents the strategic planning process schematically as follows: Mission — Objectives — Situation — Analysis — Strategy Formulation — Implementation.
1. Can this process explain the path by which an organization identifies and expresses its mission?
2. Discuss the drawbacks of this process, including any drawbacks you identify that are not mentioned in the NetMBA summary.
3. Where do middle managers fit into this process?
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