Chapter 1: The Nature of Strategic Management

Jul 6th, 2015
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Global considerations impact virtually all strategic decisions. E-commerce has become a vital strategic management tool.

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Strategic ManagementConcepts & Cases8th editionFred R. DavidChapter 1:The Nature ofStrategicManagementPowerPoint Slides By:Anthony F. ChelteWestern New England CollegeCh. 1-1 2001 Prentice HallOrganizing Themes Global considerations impactvirtually all strategic decisions. E-commerce has become a vitalstrategic management tool. The natural environment hasbecome an important strategicissue.Ch. 1-2 2001 Prentice HallStrategic ManagementDefinedArt and science of formulating,implementing, and evaluating crossfunctional decisions that enable anorganization to achieve its objectives.Ch. 1-3 2001 Prentice HallStrategic ManagementClubVisit and join the club on-line:www.strategyclub.comCh. 1-4 2001 Prentice HallTerminologyStrategic ManagementSynonymous withStrategic Planning Strategic management Used more often in academia Strategic planning Used more often in the business worldCh. 1-5 2001 Prentice HallTerminology Strategic managementRefers to: Strategy formulation Strategy implementation Strategy evaluation Strategic planningRefers to: Strategy formulationCh. 1-6 2001 Prentice HallBrief History 1950s Term strategic planning originates1960s 1970s Strategic planning very popular Widely viewed as panacea for problemsCh. 1-7 2001 Prentice HallBrief History 1980s Strategic planning cast aside Planning mo

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