SlideShare a Scribd company logo
1 of 9
Strategic Management
By Rudra Prasad Pradhan
Rudra prasad@Taxila Business School
Definition
• Strategy is the action that Managers take to attain One or more
Organizational Goals.
• Strategic Management: It’s the process of Planning, Monitoring,
Analysis and Assessment of all the activities that is necessary to attain
Organizational goals and objectives.
Rudra prasad@Taxila Business School
Strategic Management Process:
Environmental
Scanning
Strategy
Formulation
Strategy
implementation
Strategy
Evaluation
Rudra prasad@Taxila Business School
Strategy Formulation:
• Setting the Organization’s Objective.
• Evaluating The Environment.
• Setting Quantitative target.
• Divisional Plans.
• Performance analysis.
• Choice of Strategy.
Rudra prasad@Taxila Business School
Strategic Implementation:
• It is the translation of chosen strategy into organizational action to
achieve the goals and objectives.
• Strategic Decision
• Long term.
• Future planning.
• Accordance with Mission and vision.
• Deals with Organizational Growth.
Rudra prasad@Taxila Business School
BCG matrix:
Rudra prasad@Taxila Business School
Porter’s Five Force model:
Rudra prasad@Taxila Business School
Strategy:
Rudra prasad@Taxila Business School
strategy
Corporate strategy Business unit strategy Functional Level strategy
Overall Direction of Company
And management of its Business.
Competitive and Cooperative
Strategy.
Maximize Resource and
Productivity.
Strategy Without Tactics is the Slowest Route to
Victory. Tactics without strategy is the Noise
Before Defeat.
Sun Tzu(The Art Of War)
Rudra prasad@Taxila Business School

More Related Content

What's hot

Mentor Scheme poster
Mentor Scheme posterMentor Scheme poster
Mentor Scheme poster
Jo Betterton
 
StratPlanningRecruitmentREV5
StratPlanningRecruitmentREV5StratPlanningRecruitmentREV5
StratPlanningRecruitmentREV5
Jerry Janis
 
J d hr manager _director
J d   hr manager _directorJ d   hr manager _director
J d hr manager _director
Confidential
 
MB0043 –Human Resource Management
MB0043 –Human Resource ManagementMB0043 –Human Resource Management
MB0043 –Human Resource Management
smumbahelp
 
Introduction to hrm
Introduction to hrmIntroduction to hrm
Introduction to hrm
nyot91
 

What's hot (20)

Correcting Performance & Behaviour Problem ... For Staff Members
Correcting Performance & Behaviour Problem ... For Staff MembersCorrecting Performance & Behaviour Problem ... For Staff Members
Correcting Performance & Behaviour Problem ... For Staff Members
 
Why Coaching
Why CoachingWhy Coaching
Why Coaching
 
Engage! V6
Engage! V6Engage! V6
Engage! V6
 
MS in Human Resource Management and Organizational Effectiveness
MS in Human Resource Management and Organizational EffectivenessMS in Human Resource Management and Organizational Effectiveness
MS in Human Resource Management and Organizational Effectiveness
 
Goal Setting
Goal SettingGoal Setting
Goal Setting
 
Kathy Youngs Resume
Kathy Youngs ResumeKathy Youngs Resume
Kathy Youngs Resume
 
Mentor Scheme poster
Mentor Scheme posterMentor Scheme poster
Mentor Scheme poster
 
EMPLOYEE TRAINING AND DEVELOPMENT
EMPLOYEE TRAINING AND DEVELOPMENTEMPLOYEE TRAINING AND DEVELOPMENT
EMPLOYEE TRAINING AND DEVELOPMENT
 
Employee health & safety SOMS
Employee health & safety SOMSEmployee health & safety SOMS
Employee health & safety SOMS
 
StratPlanningRecruitmentREV5
StratPlanningRecruitmentREV5StratPlanningRecruitmentREV5
StratPlanningRecruitmentREV5
 
J d hr manager _director
J d   hr manager _directorJ d   hr manager _director
J d hr manager _director
 
AGM HR Standards 2015 Slides by Mr Marius Meyer
AGM HR Standards 2015 Slides by Mr Marius MeyerAGM HR Standards 2015 Slides by Mr Marius Meyer
AGM HR Standards 2015 Slides by Mr Marius Meyer
 
Terry La Combe Ppt Resume 7 11
Terry La Combe Ppt Resume 7 11Terry La Combe Ppt Resume 7 11
Terry La Combe Ppt Resume 7 11
 
Planning in nursing
Planning in nursingPlanning in nursing
Planning in nursing
 
7 qc tools and spc training, December. 2015
7 qc tools and spc training, December. 20157 qc tools and spc training, December. 2015
7 qc tools and spc training, December. 2015
 
Kaizen
KaizenKaizen
Kaizen
 
Behavior specialist
Behavior specialistBehavior specialist
Behavior specialist
 
AYUSH BANSAL
AYUSH BANSAL  AYUSH BANSAL
AYUSH BANSAL
 
MB0043 –Human Resource Management
MB0043 –Human Resource ManagementMB0043 –Human Resource Management
MB0043 –Human Resource Management
 
Introduction to hrm
Introduction to hrmIntroduction to hrm
Introduction to hrm
 

Similar to Strategic management Basics

Results based performance management system rpms- for dep ed
Results based performance management system  rpms- for dep edResults based performance management system  rpms- for dep ed
Results based performance management system rpms- for dep ed
Olhen Rence Duque
 
Results based performance management system rpms- for dep ed
Results based performance management system  rpms- for dep edResults based performance management system  rpms- for dep ed
Results based performance management system rpms- for dep ed
Meriam Dualan
 
Results based performance management system for deped
Results based performance management system for depedResults based performance management system for deped
Results based performance management system for deped
Maria Teresa Teñido
 
Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...
Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...
Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...
KunalPatel257
 

Similar to Strategic management Basics (20)

Performance appraisal
Performance appraisalPerformance appraisal
Performance appraisal
 
Planning and organizing at supervisory level
Planning and organizing at supervisory levelPlanning and organizing at supervisory level
Planning and organizing at supervisory level
 
management and leadership
management and leadershipmanagement and leadership
management and leadership
 
Results based performance management system rpms- for dep ed
Results based performance management system  rpms- for dep edResults based performance management system  rpms- for dep ed
Results based performance management system rpms- for dep ed
 
STRATEGIC MANAGEMENT
STRATEGIC MANAGEMENTSTRATEGIC MANAGEMENT
STRATEGIC MANAGEMENT
 
Balanced scorecard
Balanced scorecardBalanced scorecard
Balanced scorecard
 
Planning in management process
Planning in management processPlanning in management process
Planning in management process
 
CURICULUM VITAE
CURICULUM VITAECURICULUM VITAE
CURICULUM VITAE
 
4 strategic management process
4 strategic management process4 strategic management process
4 strategic management process
 
Unit 4 Strategy Implementation
Unit 4 Strategy Implementation Unit 4 Strategy Implementation
Unit 4 Strategy Implementation
 
Performance Management presentation
Performance Management presentationPerformance Management presentation
Performance Management presentation
 
Kulamani Panda HR
Kulamani Panda HRKulamani Panda HR
Kulamani Panda HR
 
Resultsbasedperformancemanagementsystem rpms-fordeped
Resultsbasedperformancemanagementsystem rpms-fordepedResultsbasedperformancemanagementsystem rpms-fordeped
Resultsbasedperformancemanagementsystem rpms-fordeped
 
Results based performance management system rpms- for dep ed
Results based performance management system  rpms- for dep edResults based performance management system  rpms- for dep ed
Results based performance management system rpms- for dep ed
 
Result based performance management system rpms- for dep ed
Result based performance management system  rpms- for dep edResult based performance management system  rpms- for dep ed
Result based performance management system rpms- for dep ed
 
Results based performance management system for deped
Results based performance management system for depedResults based performance management system for deped
Results based performance management system for deped
 
Results based performance management system rpms- for dep ed
Results based performance management system  rpms- for dep edResults based performance management system  rpms- for dep ed
Results based performance management system rpms- for dep ed
 
Process & role of strategic management
Process & role of strategic managementProcess & role of strategic management
Process & role of strategic management
 
Planning
PlanningPlanning
Planning
 
Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...
Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...
Quality as strategic decision, SQM PROCESS, Mckinsey 7s model,strategic plann...
 

Recently uploaded

BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
SoniaTolstoy
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
PECB
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
kauryashika82
 

Recently uploaded (20)

Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104Nutritional Needs Presentation - HLTH 104
Nutritional Needs Presentation - HLTH 104
 
Z Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot GraphZ Score,T Score, Percential Rank and Box Plot Graph
Z Score,T Score, Percential Rank and Box Plot Graph
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdfBASLIQ CURRENT LOOKBOOK  LOOKBOOK(1) (1).pdf
BASLIQ CURRENT LOOKBOOK LOOKBOOK(1) (1).pdf
 
APM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across SectorsAPM Welcome, APM North West Network Conference, Synergies Across Sectors
APM Welcome, APM North West Network Conference, Synergies Across Sectors
 
General AI for Medical Educators April 2024
General AI for Medical Educators April 2024General AI for Medical Educators April 2024
General AI for Medical Educators April 2024
 
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
Presentation by Andreas Schleicher Tackling the School Absenteeism Crisis 30 ...
 
Arihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdfArihant handbook biology for class 11 .pdf
Arihant handbook biology for class 11 .pdf
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
9548086042 for call girls in Indira Nagar with room service
9548086042  for call girls in Indira Nagar  with room service9548086042  for call girls in Indira Nagar  with room service
9548086042 for call girls in Indira Nagar with room service
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Measures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and ModeMeasures of Central Tendency: Mean, Median and Mode
Measures of Central Tendency: Mean, Median and Mode
 
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptxINDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
INDIA QUIZ 2024 RLAC DELHI UNIVERSITY.pptx
 
Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)Software Engineering Methodologies (overview)
Software Engineering Methodologies (overview)
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 
Unit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptxUnit-IV- Pharma. Marketing Channels.pptx
Unit-IV- Pharma. Marketing Channels.pptx
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 

Strategic management Basics