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Strategic management is important because it allows an organization to initiate activities, influence activities and be proactive rather than reactive in its strategy so that it has full control over its own destiny. Str... More »

According to a Houston Chronicle article by Grant Houston, strategic management accounting is a form of business inquiry that combines the accounting criteria of an organization with external factors that influence the o... More »

www.reference.com Business & Finance Business Resources Accounting

Strategic management typically evolves in a corporation through a four-step process of auditing, development, implementation and evaluation. Strategic management changes companies via a collective system of processes, pl... More »

www.reference.com Business & Finance Corporations
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Effective management is important to an organization because it involves planning and goal setting, along with motivation of workers in order to execute the plans. Effective management creates a direction for the organiz... More »

Operation management ensures that an organization is conducting business at peak efficiency and ability. Operation management includes the development and use of resources that are necessary for a company to deliver good... More »

Strategic management typically evolves in a corporation through a four-step process of auditing, development, implementation and evaluation. Strategic management changes companies via a collective system of processes, pl... More »

www.reference.com Business & Finance Corporations

A strategic plan is a document that delineates the goals of a company or an organization and establishes the actions that are necessary to achieve those goals. It encompasses all critical elements developed in the planni... More »