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Strategic management happens to be the dynamic process which encompasses all the stages involved in determining the goals of an organisation with respect to its external environment.It also includes the stages which were undertaken beforehand. A model is helpful to keep under observation the various steps in strategic management. There are many models developed for this purpose. Their complexity and explicitness varies over a range. Strategic Management Model Assignment Help shall illustrate some of the models along with the key elements in general.
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Strategy Approach
Scientific Methodology for Strategic Management Assignment Help
We use best scientific approach to solve strategic management Assignment as recommended and designed by best professors and experts in the World. The approach followed by our experts are given below:
Defining Problem
The first step in solving any strategic assignment is to define its problem carefully. In order to do this step, our experts read the case two three times so as to define problem carefully and accurately. This step acts as a base and help in building the structure in next steps.
Structure Definition
The second step is to define structure to write the assignment. Different assignments has different requirements and so as the structure. Our experts understand this and follow student;s university guidelines to come out with best structure so that student will receive best mark for the same.
Research and Analysis
This is the most important step which actually defines the strength of any assignment. In order to provide best analysis, our experts not only refer case materials but also outside materials if required to come out with best analysis for the case.
Conclusion & Recommendations
A weak conclusion or recommendations spoil the entire strategic analysis. Our expert know this and always provide good chunks of volume for this part so that instructors will see the effort put by students in arriving at solution so as to provide best mark.
Strategic Management Model
While examining the concepts of strategies, models need a few basic elements explained in Strategic Management Model Assignment Helpon the basis of which they function.
• Elements: One of the major elements is the execution of an environmental analysis. The other elements being establishing organisational direction, formulating organisational strategy, implementation of that strategy and the final one is evaluation and control of the strategy. All these elements interact within them simultaneously while the model functions. For further detailed account on the different models that were developed, students need to go through Strategic Management Model Assignment Help.
• Andrew’s model: this was formulated by Kenneth Andrew. This model is quite simple in its functioning. It emphasises on the choice of a strategy. But has no space for the implementation and control of the strategies.
• Schendel and Hofer model: Dan Schendel and Charles Hofer initiated this particular model which includes both the planning and control of the strategy. This categorically states three sub processes. Namely: environment analysis, resource analysis and value analysis. While the basic steps remain in the normal order.
• Korey’s model: this model was formulated by Jerzy Korey. This primarily has three phases. The first phase happens to be of primary analysis phase. The second one being the strategic planning phase, the last one is of strategic management phase. There are a few sub processes which interact with each other during the planning process. They are: planning studies, review and control and feasibility studies. This model includes a lot of facets of planning and control process which is by far not found in other models as described above. For instances on planning model, refer Strategic Management Model Assignment Help.
• Thompson and Strickland model: this model works on the theory that nothing is final in a management system. Everything is subject to further modification in the future. The five tasks of this model are developing a vision for the concerned business, conversion of this vision into clearly stated objectives, striving towards achieving these objectives by formulating strategy and implementing it, and finally reviewing the performance based on various situations.
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