Engineering in Kenya

Strategic Management

Benefits of Strategic Management

Posted by on Jun 8, 2018 in Strategic Management | 0 comments


Benefits of Strategic Management have been realized by those firms that have opted to use strategic management as a powerful management tool. Both financial and non financial benefits of Strategic Management can be realized.
Many researchers have concluded that strategic management is an important function of an organization in order to enhance business survival in the market. Engineering in Kenya has more information.

paydot 468x60 Benefits of Strategic Management

There are many benefits that an organization can realize by engaging in strategic management. In general strategic management is a must for modern business and the following are the benefits and organization can realize how to understand the turbulent environment as a result of detailed study on the environment. The management produces the future change and develops appropriate strategies to counter negative change or embrace positive change thus making the organization proactive.

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Components of Strategic Management Process

Posted by on Oct 25, 2011 in Strategic Management | 0 comments

Components of Strategic Management Process can be referred to as procedures to be followed to achieve the purpose of strategic management. This is all part of the continuous process of improving the business in an effort to succeed and reach company goals.

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Strategic planning was developed as an alternative of then was called long-term planning.

Strategic planning is more of leadership driven and vision based. The top management decides on the principles that guide the organization toward established goals.

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Importance of Strategic Human Resource Management

Posted by on Oct 24, 2011 in Strategic Management | 0 comments

Strategic Human Resource Management can been termed as the  linking of human resources department with the strategic goals and objectives of the organization in order to improve the organization’s  performance and develop the organization’s culture to ensure that there  is innovation and flexibility . Engineering in Kenya has more articles.

Strategic Human Resource Management requires the  accepting  of the Human resource function as a partner in the formulation of the company’s strategies and also in the implementation of those strategies through the human resource activities of the company.

468x60 002 Importance of Strategic Human Resource Management

Strategic Human Resource Management deals with taking care of the organization’s human resource and managing the human resource appropriately to help in the generation of the organization’s profit and also drive the organization towards achieving its goal.

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