Essay in Strategic Management

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Added on 2020-06-06

Essay in Strategic Management

Added on 2020-06-06

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Debate in Strategic Management

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1A. Various Contemporary issues in strategic management........................................................1B. Analysis and explain the implications of current trends for future strategic decision makingof current trend............................................................................................................................1C. Interpretation of the contemporary issues..............................................................................2D. Identification of complex problems using appropriate knowledge........................................2E. Developing confidence at speaking to groups and at expressing personal judgements.........3F. Managing the independent learning with minimum guidance................................................3G. Reflective writing...................................................................................................................4REFERENCES................................................................................................................................5

INTRODUCTIONStrategic management are those types of decision which are taken by the topmanagement of the company in regard to the major goal and future planning of the company.In this strategic management they need to make the decision in regard to resources which areto be utilized and both internal and external environment of the company. This help thecompany in providing the overall direction to company by specifying the objective and thusthey plan and make policy according to the specified objective.A. Various Contemporary issues in strategic managementThere are various issues which are related to the strategic management like the ethicaland contemporary one. The contemporary issue are related to that part of strategicmanagement that are defined to as any idea, event or opinion into that given subject that isrelevant to the present times. And in the strategic management these are related to thoseissues which examine to the way of thinking and taking decision. The major theoreticalperspective and issues studied in strategic research which is the relationship betweentheoretical work and range of experience within organisation and industry where they areworking (Teraa, Moll and Verhaar, 2016). Many of them will be examining diversification offirm in industry, industrial structures and inter-organizational networking. Range ofexperience within organisation and industry sector will also be taken as the contemporaryissue of firm.Issue of strategy context- this could also rise at the time when all senior level managementare taking some important decision regarding the implementation or formulation of thestrategies. These strategies should be in such form which is providing benefit to wholecompany and able to identifying which investment decision to be made.Issue of content- this will be arising at the time when the data which is to be collected bymangers or employees of company is not correct or accurate. Then this content or data whichcould be used by management is not providing or helping management in any sense and thatis useless.Issue of process- this issue will be defined to as issue of process which is to be adopted attime of implementation of whole strategies which are been made.1

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