The strategic management process is more than just a set of rules to follow. It is a philosophical approach to business. Upper management must think strategically first, then apply that thought to a ...

A preoccupation with immediate issues can result in a small businesses losing sight of the importance of planning for long-term business goals and objectives. The first step in management refers to a ...

Let's be honest. Most strategic business plans fail. There is a plethora of writing on the subject of why. My list of reasons is quite long, but I'll save that for another time. Let's focus on just ...

Reverse goal setting is a technique that can transform the way you approach your aspirations. By starting with the end result in mind and working backward, you can create a clear pathway to achieve ...

Defining strategic management has never been easy. I recently confronted this problem again while teaching two courses on strategic management this past summer. I have taught strategic management many ...

Setting strategic short-term goals for a business is essential to maintaining momentum and achieving long-term objectives. Short-term goals not only provide clear direction and measurable milestones ...