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1.5 benefits of strategic mgt

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1.5 benefits of strategic mgt

  1. 1. 09/24/13 nsserwanga@yahoo.com Benefits of Strategic Mgt. to a student
  2. 2. 09/24/1309/24/13 nsserwanga@yahoo.comnsserwanga@yahoo.com  Why study strategic management asWhy study strategic management as a student?a student?  How can a manager benefit from theHow can a manager benefit from the strategic management discipline?strategic management discipline?  Aren’t there managers who haveAren’t there managers who have succeeded without the knowledge ofsucceeded without the knowledge of strategic management?strategic management?
  3. 3. 09/24/13 nsserwanga@yahoo.com  Ability to analyze strategic situations,Ability to analyze strategic situations, craft appropriate business strategiescraft appropriate business strategies and implement themand implement them  Stimulates critical thinking about theStimulates critical thinking about the futurefuture  Ensures full exploitation ofEnsures full exploitation of opportunitiesopportunities
  4. 4. 09/24/13 nsserwanga@yahoo.com • Points the way for employees to follow • Ability to build competitive superiority • Objective resource allocation
  5. 5. 09/24/13 eabaho@mubs.ac.ug, 0782672898 •Enhances strategic analytical skills •Combines skills, knowledge and experience from other disciplines •Higher chances of success
  6. 6. 09/24/13 eabaho@mubs.ac.ug, 0782672898 •Enhances strategic analytical skills •Combines skills, knowledge and experience from other disciplines •Higher chances of success

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