How Do I Choose the Best Strategic Management Conference?

Strategic management is a dynamic management process that makes decisions about the future direction of an enterprise and implements those decisions.

Strategic management process

A standardized and comprehensive strategic management process can be roughly divided into three stages:

(1) Strategic analysis phase;

(2) Strategy selection and evaluation stage;

(3) Strategy implementation and control phase.

Analyze and evaluate the strategic environment of the enterprise, and predict the future development trends of these environments, as well as the possible impact and direction of these trends on the enterprise.

An analysis of the external environment of the enterprise and an analysis of the internal environment or conditions of the enterprise.

The external environment of a company generally includes the following factors or forces: government-legal factors,

After the enterprise's strategic plan is determined, it must achieve concrete strategies and strategic objectives through specific practical actions. There are three general ways to advance the implementation of a strategy:

One is to formulate functional strategies, such as production strategies, research and development strategies,

Features of the strategic management process:

The formulation of a strategic outlook, the establishment of a target system, the formulation of a company strategy, the implementation and execution of a strategic plan, and the evaluation of performance have basically outlined the tasks of strategic management. But in fact, it is not so clear, and it is not necessarily strictly in this order. There are many cross-impacts and cycles in these five tasks. For example, thinking about what strategic actions to take often involves two other questions: Are these actions implemented with satisfactory results? How are these actions implemented? The choice and formulation of the company's strategic outlook and organizational mission are also mapped to the company The establishment of goals (both of which have important significance in the direction of the company's development). The establishment of the target system needs to consider the current business performance, the strategic means to improve the current business performance, and the actual performance that the company can obtain when the company faces challenges. The formulation of corporate strategy decisions is intertwined with the following issues: the choice of the company's long-term development direction, and whether the company has established a target system in all key financial and strategic areas. Obviously, the tasks of selecting the company's development direction to formulate the organizational mission, establish the company's target system, and formulate the company's strategy must be combined and carried out as a whole, and cannot be separated.

Second, the completion of these five strategic management tasks is not separated from other responsibilities and responsibilities of managers, such as: daily business management, dealing with the crisis facing the company, participating in management meetings, reviewing information, and dealing with personnel. Issues, special tasks and civil obligations, etc. Therefore, from the perspective of the success or failure of the entire company, the management of strategy is a management function that is crucial, but specific to each manager in the company, not all managers are facing this problem.

Third, the formulation and implementation of strategies require an indefinite amount of time for managers. The occurrence of various changes is disorderly and unpredictable. The occurrence of various events may suddenly come like a spring breeze, or they may come like a shred; they may occur independently, or if the machine gun bursts are in a series: their impact on the strategy may be easy to estimate, and It can be difficult. Therefore, it may take a lot of time to evaluate and adjust the company's strategic plan, and sometimes it is sufficient for a moment. In particular, just as finding ways to strategic change, there are many techniques to weigh the timing of implementing strategic change.

Finally, a lasting and time-consuming aspect of strategic management is: enabling each individual to achieve performance that supports the strategy, make the best contribution, and continuously improve the content and implementation of the current strategy, so that The current strategy is getting better. Managers tend to spend most of their energy on improving the company's strategy bit by bit instead of making some fundamental changes to the current strategy. Excessive change often disrupts company employees and creates confusion among company customers, which is usually unnecessary. In most cases, continually improving the implementation of current strategies will often have many good results. Consistently improving the implementation and execution of an excellent strategy is usually the path to strategic management success.