SWOT analysis

Strategic Planning

Strategic planning is the process of defining a company’s long-term goals and developing a plan to achieve them. It involves analyzing the current situation, identifying opportunities and threats, and setting objectives and strategies to capitalize on opportunities and mitigate threats. Key Characteristics / Core Concepts Long-term focus: Strategic plans typically cover a period of several … Read more

Strategic Management

Strategic management is the ongoing process companies use to define their vision, set goals and objectives, and choose how to allocate resources to achieve those goals. It involves analyzing the internal and external environments to make informed decisions about the future direction of the organization. Key Characteristics / Core Concepts Long-term perspective: Strategic management focuses … Read more