How can the alignment of day-to-day operations and the strategic management process help fulfill short- and long-term strategic decisions that can help increase the industry’s value.

Learning Goal: I’m working on a business discussion question and need an explanation and answer to help me learn.

Answer each questions with a minimum word count of 175 words each. Both answers must include a reference and in text citations. Answers must be thorough and concise.

1.How can the alignment of day-to-day operations and the strategic management process help fulfill short- and long-term strategic decisions that can help increase the industry’s value.

2. How is a vision statement related to a strategic mindset? Explain?

3. Of these elements, which do you feel are the most important? Explain why?

  • Strategic management involves adapting the organization to its business environment.
  • Strategic management is fluid and complex. Change creates novel combinations of circumstances requiring unstructured non-repetitive responses.
  • Strategic management affects the entire organization by providing direction.
  • Strategic management involves both strategy formation (he called it content) and also strategy implementation (he called it process).
  • Strategic management is partially planned and partially unplanned.
  • Strategic management is done at several levels: overall corporate strategy, and individual business strategies.
  • Strategic management involves both conceptual and analytical thought processes.

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