Sustainable Strategic Management Analysis

Running Head: STRATEGIC MANAGEMENT
Strategic Management
Name of the Student
Name of the University
Author Note

STRATEGIC MANAGEMENT2
Executive Summary
This paper analyses the three approaches of the strategic management such as the sustainable
approach, the stakeholder approach and the dynamic capabilities with the history, the suggested
benefits, the limitation and the example of an organization for each. The analysis will be
supported with the scholarly sources and the references to validate the points.

STRATEGIC MANAGEMENT3
Table of Contents
Introduction......................................................................................................................................3
Discussion........................................................................................................................................3
Sustainable approach-..................................................................................................................3
Stakeholder approach-.................................................................................................................5
Dynamic Capabilities-.................................................................................................................8
Conclusion-....................................................................................................................................10

STRATEGIC MANAGEMENT4
Introduction
The strategic management is the planning, the monitoring, the analysis and the
assessment of whatever is necessary for a specific organization in order to meet the goals and the
objectives too. Certain change in the environment of the organization needs the organization to
assess the strategies for success constantly. The process of strategic management further helps
the organizations to take the stock of the current situation having chalked out the strategies
analyse the effectiveness of the management strategies. The strategic management is further
predicted on the clear understanding of the organization and the mission along with the purpose
for the existence. It needs the commitment to the strategic planning and the subset of the
business management consisting of the ability of an organization for setting both the short-term
and the long-term goals and planning some strategic decisions, resource allocation and activities
required for achieving those specific goals. In this report, the three approaches to strategic
management such as sustainable approach, the Dynamic approach and the stakeholder approach
will be discussed with their histories, the suggested benefits, the limitations giving example of an
organization for each.
Discussion
Sustainable approach-
The sustainable development approach is useful for almost every type of organization. It
is founded on the assumptions that this particular concept should apply internationally. It is in the
industrial as well as the countries that are developing which should take interests of the future
generations into certain consideration.