• THE IMPACT OF STRATEGIC MANAGEMENT ON ORGANISATIONAL PERFORMANCE


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    • ABSRACT - [ Total Page(s): 1 ]The strategic management function is perhaps the most fundamental and most important aspect of management and managing. It takes superior entrepreneurship and competent strategic implementation and execution to produce superior organizational performance over the long-run. A great strategic plan that is flawlessly executed seldom produces gold star results either.In the light of the above, this chapter is to carry out a literature review on strategic management and its impact on organizational effectiveness and performance. It attempts to consider the nature and concept of strategic management ... Continue Reading

         

      CHAPTER ONE - [ Total Page(s): 3 ]Lack of internal career leader: A career system is necessary to focus individual attention on the strategic issues facing an organization over the long term. A long-term perspective induces organizational commitment and loyalty. It enables individuals and organizations to invest training and productivity improvements knowing that they will reap the benefits from that enhanced knowledge and technique.·        Lack of formal training system: the importance of training has been a Neglected area and too much of what goes on in today's organization requires specific adap ... Continue Reading