The phrase "strategic management" is sometimes used as a synonym for "strategy," but the two terms are not actually the same. A company's strategy is its plan for victory in competition with other ...

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 ...

Strategic management is a change process, something that is going to take time to develop, cultivate, and assimilate into your business process. At the onset, you might want to focus more on ...

Strategic management involves long-term plans and objectives that allow a company to leverage capabilities, increase opportunities, and achieve competitive advantage. Although there are many ...

Another significant reference is the COSO ERM (Enterprise Risk Management) framework, developed by the Committee of ...