what is the impact of strategic management on corporate performance?
596492
Well, if the strategic management is effective, the corporate performance is improved and profits increase. 'Strategic Management' is making sure an organisation moves in the right direction. It's a very general question, though.
556790
increased efficiency and productivity = increased profits\ndepartmental QM only affects isolated areas where TQM affects the entire company as a whole and improves overall operation of the organization.
1124009
Planning your management to deliver the best results.
960514
Hi Ricardo,\n\nI think you need to look at the centralisation of the management structure and production processes.\n\nReduction in overheads.\n\nPossibly more effective inter-departmental lines of communication.\n\nEasier customer/supplier liason.\n\nPossible reduction in staff liabilities. (wages etc.)\n\nJust a few ideas to get you going. \nHope your studies are progressing well.\n\nGood luck
251778
Transparency can be accomplished through upfront and timely communication of company initiatives. Disclosing both good news and unflattering news as it arises establishes the credibility and feeling that the management is being transparent.  A structural issue would be to include respected members of the stakeholder groups over and above the typical corporate governance membership to decrease the perceptions that decisions are being made which serve to exploit various entities that are affected by the firm.
495009
Strategic planning consists of the process of developing strategies to reach a defined objective. As we label a piece of planning "strategic" we expect it to operate on the grand scale and to take in "the big picture" (in contradistinction to "tactical" planning, which by definition has to focus more on the tactics of individual detailed activities). "Long range" planning typically projects current activities and programs into a revised view of the external world, thereby describing results that will most likely occur (whether the planner wants them or not!) "Strategic" planning tries to "create" more desirable future results by (a) influencing the outside world or (b) adapting current programs and actions so as to have more favorable outcomes in the external environment.\n\nStrategic planning takes place primarily in military situations (see military strategy), in business activities and in government. Within business, strategic planning may provide overall direction (called strategic management) to a company or give specific direction in such areas as:\nFinancial strategies\nHuman resource/organizational development strategies\nInformation technology deployments\nMarketing strategy\n\nWithin government, strategic planning provides guidance for organizational management similar to that for business, but also provides guidance for the evolution or modification of public policy and laws. Areas of such public policy include:\nFunding of infrastructure and rate-setting (streets, water-supplies, sewers, and parks)\nFunctional plans such as for land use, transportation, and water resources\nGrowth management and/or comprehensive planning\n\nBut strategic planning can occur in a wide variety of activities from election campaigns to athletic competitions, as well as in strategic games such as chess. This article looks at strategic planning in a generic way so its content can apply to any of the above areas. An effective strategy will:\nHave the capability to obtain the desired objective\nFit well both with the external environment and with an organization's resources and core competencies - it should appear feasible and appropriate\nHave the capability of providing an organization with a sustainable competitive advantage - ideally through uniqueness and sustainability\nProve dynamic, flexible, and able to adapt to changing situations\nSuffice on its own - specifically providing value or favorable outcomes without the need for cross-subsidization\n\nRead more at http://en.wikipedia.org/wiki/Strategic_planning/\n\nHope this helps.\nGood luck.
542168
What impact has their decision made to their clients?
1179296
strategic planning\n\nStrategic planning consists of the process of developing strategies to reach a defined objective. As we label a piece of planning "strategic" we expect it to operate on the grand scale and to take in "the big picture" (in contradistinction to "tactical" planning, which by definition has to focus more on the tactics of individual detailed activities). "Long range" planning typically projects current activities and programs into a revised view of the external world, thereby describing results that will most likely occur (whether the planner wants them or not!) "Strategic" planning tries to "create" more desirable future results by (a) influencing the outside world or (b) adapting current programs and actions so as to have more favorable outcomes in the external environment.\n\nStrategic planning takes place primarily in military situations (see military strategy), in business activities and in government. Within business, strategic planning may provide overall direction (called strategic management) to a company or give specific direction in such areas as:\n\n    * Financial strategies\n    * Human resource/organizational development strategies\n    * Information technology deployments\n    * Marketing strategy\n\nWithin government, strategic planning provides guidance for organizational management similar to that for business, but also provides guidance for the evolution or modification of public policy and laws. Areas of such public policy include:\n\n    * Funding of infrastructure and rate-setting (streets, water-supplies, sewers, and parks)\n    * Functional plans such as for land use, transportation, and water resources\n    * Growth management and/or comprehensive planning\n\nBut strategic planning can occur in a wide variety of activities from election campaigns to athletic competitions, as well as in strategic games such as chess. This article looks at strategic planning in a generic way so its content can apply to any of the above areas. An effective strategy will:\n\n    * Have the capability to obtain the desired objective\n    * Fit well both with the external environment and with an organization's resources and core competencies - it should appear feasible and appropriate\n    * Have the capability of providing an organization with a sustainable competitive advantage - ideally through uniqueness and sustainability\n    * Prove dynamic, flexible, and able to adapt to changing situations\n    * Suffice on its own - specifically providing value or favorable outcomes without the need for cross-subsidization
1182382
Management is the function of planning , organising, staffing, leading and controlling of an organization resources. Resources mainly consists of Money , Man and Material and the last one is impotant being the part of resources. Material management bring s efficiency and effectiveness and thus is important in todays globalisation , It reduces your cost and increase ultimately your profit and having so meand prosperity in business.
831746
Tie the managers' financial rewards to the company's performance.  Stock options are one way to do that.  If the company does well, the stock received by the manager is worth more.  If the managers run the company into the ground, the stocks are worthless.
1029218
Professional advice about how a company can save money is only going to be successful if all levels of management are encouraged to share responsible strategies.\nSteven Berger said most managers want more accountability.
508520
Strategic Marketing Solutions & Revolutionary concepts such as sms and mms are used to fuel your business\n\nHeadquartered in historic Charleston, SC and serving the Southeast, Strategic Marketing Solutions (SMS) creates, activates and manages marketing services for small and medium-sized businesses by developing a customized, fully-integrated marketing plan at an economical cost. \n\nSMS services are utilized to compliment or even substitute your company's marketing unit. \n\nWhether you are just starting a business, relocating to a new market, or extending your current product or service line, SMS is certain to grow your business while stretching your resources to provide measurable results.
79159
There are 3 key reasons for any plan to fail.  First, flawed assumptions.  Second, incorrect assumptions.  Third, poor execution.\n\nThe first 2 put the blame on the plan or assumptions used to create the plan while the third blames the organization itself.  \n\nThe purpose of strategic planning is to make sure that the entire organization is pointed in the same direction.
436193
By keeping close track of costs and revenues, management can often eek out a little more profit by the end of the reporting period.  Running more efficiently is always a goal of most businesses out there.  This helps enhance growth because the profit is growing at the fastest rate possible.
452811
management that works by trying to assess competencies and measure performance based on competency levels.\n\n(you thought i was going to say competent management is a contradiction in terms, didn't you?)
183074
(m)\n\n\nThe set of efforts for identifying, researching, analyzing and bringing to market new businesses and new products. Business development focuses on implementation of the strategic business plan through equity financing, acquisition/divestiture of technologies, products, and companies, plus the establishment of strategic partnerships where appropriate.
225018
total crap, look at some of the huge companies which have crashed due to bad management (One Tel). \n\nwhat makes a company survive is an aspect which differentiates a company from the compertition