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Strategic Management Model

• Competitive

• Supplementary

• Business

• Functional

• Global

• Tailoring

• Diversification

➢ Competent organization

➢ Budgeting

➢ Policy Procedure

➢ Information Best Practice

➢ Motivating people

➢ Reward Based Performance

➢ Creating Organizational culture

➢ Establishing Management Control

➢ Leadership & Change

➢ Strategy:

A company’s strategy consists of the competitive moves and business approaches that managers are employing to grow the business, attract and please customers, compete successfully, conduct operations and achieve the targeted levels of organizational performance. Thus, a company’s strategy is all about how:

• How to compete successfully.

• How to satisfy the customers.

• How to grow business.

• How to manage all processes.

• How to improve financial market performance or market share.

Five “P”s in the strategy

1. Plan

2. Ploy

3. Position

4. Pattern

5. Perspective

Depends on five “P” s Strategy is a plan to deploy all the substantial resources to positioning the organization by various pattern in action for long term perspectives.

Strategic management

Strategic management analyzes the major initiatives taken by a

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