Strategies of Business

1. Strategic Management
Presented by
Rahul Kalra
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2. Cause of Stress
• As an engineer, we need to go through lot of
mental stress, handle extreme pressure under
extreme conditions, get the work done within
the dates given.
• From where does this pressure originate from,
it originates from the very base of the
company, The Strategic Team of the company
which believes to achieve heights within
limited span of several years.
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3. Objective
 Strategy
Strategic Planning
Components of Strategic Plan
Strategic Plan
 Contents of Strategic Plan Document
Strategic Management
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4. Strategy
• A plan of action designed to achieve a long-
term or overall aim (Coherent Economic
Strategy).
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5. Strategic Planning
• Strategic planning is an organizational management activity
used to set priorities, focus energy and resources, strengthen
operations, establish agreement around intended outcomes,
assess and adjust the organization's direction in response to a
changing environment.
• It is a disciplined effort that produces fundamental decisions
and actions that shape and guide what an organization is, who
it serves, what it does, and why it does it, with a focus on the
future.
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6. Components of Strategic Plan
 Scouting
Planning
Devise
Implement
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7. Strategic Plan
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• A strategic plan is a document used to communicate with the
organization the organizations goals, the actions needed to
achieve those goals and all of the other critical elements
developed during the planning exercise.
• Responsible actions needed to be taken for company’s growth
are shared with the company’s assets in this document.

8. Strategic Management
• Strategic management activities transform the static plan into
a system that provides strategic performance feedback to
decision making and enables the plan to evolve and grow as
requirements and other circumstances change.
• Strategic management is all about big decisions, and it's
through the strategic manager and the board of directors and
senior managers that these decisions are turned into actions
that will help the firm compete surely.
• Strategic Execution where the high level plan is translated into
more operational planning and action items
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9. SUMMARY
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10. 5/24/2015
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Thank you