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 ...

Reviewed by Julius MansaFact checked by Yarilet PerezReviewed by Julius MansaFact checked by Yarilet Perez Strategic management evaluates and may reorganize company resources to achieve new goals and ...

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 ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...