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The Impact Of Strategic Management On Organisational Performance
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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 strategies used by organizations, the primary determinants of strategy and the components of strategic management among others.
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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 b ... Continue reading---
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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 b ... Continue reading---
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ABSRACT -- [Total Page(s) 1]
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