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Strategic management: past experiences and future directions: Part 2
Author(s) -
Hussey David
Publication year - 1997
Publication title -
strategic change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.527
H-Index - 16
eISSN - 1099-1697
pISSN - 1086-1718
DOI - 10.1002/(sici)1099-1697(199710)6:6<331::aid-jsc322>3.0.co;2-y
Subject(s) - competence based management , strategic thinking , strategic management , competence (human resources) , strategic financial management , strategic planning , process management , business , management , knowledge management , sociology , management science , marketing , computer science , engineering , economics
• This is the concluding part of an article exploring ways to improve strategic management. • Five critical components to successful strategic management are suggested: quality of analysis, creative strategic thinking, an appropriate process of strategic management which fits the situation of the organization, an obsession with implementation, and the competence and capabilities of the decision leaders. • Some ways are suggested to increase the prospects for strategic success. © 1997 John Wiley & Sons, Ltd.