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MUHAMMAD ZOHAIB SALEEM
Roll No: HICCNTF13BSCS14
Assignment:-
Principles of Management
The strategic management process is divided into
different steps. These steps are following as:
 Identifying the organization’s current mission,
Goals, and strategies
 Design and external analysis
 Doing an external analysis
 Formulating strategies
 Implementing strategies
 Evaluating strategies
Mission:-
A statement of the purpose of an
organization.
Goals:-
Desired outcome for individual group or
organization.
Strategic management is also important because of the
nature of organization. They are compose of divers
divisions departments functions and work activities
manufacturing marketing accounting and so for that
call need to be coordinated and focused on
organizational goals and strategic management does
this.
Opportunities:
Positive trends in external
environment factors.
Threats:-
Negative trends in an external environment
factors.
Resources:-
An organizational resources are it’s asserts.
Financial, physical, human, intangible that are used by
organizations to services to its customers.
Capabilities:-
Capabilities are its skill and abilities in doing
work activities needed in business.
Core-competences:-
The manager value creating capabilities and skills
of the organization are known as its core-competences.
SWOT:-
The word S.W.O.T. is a abbreviation of the
different words. The description of these words is
following as:
Strength:-
Any activities the organizations dose well or any
unique resources that it has against the competitor.
Weakness:-
Activities the organization does not do well or
resources it need but does not process.
After analysis the all mater of organization the
manager formulate the planning’s for their
organization.
In this step we implement our planning of the
organization that it is the implementation of the
strategies.
To take feedback from other about your strategies
and check the planning is called evaluating results.
What is the Strategic management process?

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What is the Strategic management process?

  • 1.
  • 2. MUHAMMAD ZOHAIB SALEEM Roll No: HICCNTF13BSCS14 Assignment:- Principles of Management
  • 3.
  • 4.
  • 5. The strategic management process is divided into different steps. These steps are following as:  Identifying the organization’s current mission, Goals, and strategies  Design and external analysis  Doing an external analysis  Formulating strategies  Implementing strategies  Evaluating strategies
  • 6. Mission:- A statement of the purpose of an organization. Goals:- Desired outcome for individual group or organization.
  • 7. Strategic management is also important because of the nature of organization. They are compose of divers divisions departments functions and work activities manufacturing marketing accounting and so for that call need to be coordinated and focused on organizational goals and strategic management does this.
  • 8. Opportunities: Positive trends in external environment factors. Threats:- Negative trends in an external environment factors.
  • 9. Resources:- An organizational resources are it’s asserts. Financial, physical, human, intangible that are used by organizations to services to its customers. Capabilities:- Capabilities are its skill and abilities in doing work activities needed in business.
  • 10. Core-competences:- The manager value creating capabilities and skills of the organization are known as its core-competences. SWOT:- The word S.W.O.T. is a abbreviation of the different words. The description of these words is following as:
  • 11. Strength:- Any activities the organizations dose well or any unique resources that it has against the competitor. Weakness:- Activities the organization does not do well or resources it need but does not process.
  • 12. After analysis the all mater of organization the manager formulate the planning’s for their organization.
  • 13. In this step we implement our planning of the organization that it is the implementation of the strategies.
  • 14. To take feedback from other about your strategies and check the planning is called evaluating results.