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 ...

Every business, regardless of its size and industry, needs to have a financial controls policy in place. Its role is to provide guidance on the keeping of financial accounts and records, payments, ...

Strategic management planning is instrumental in helping a company achieve its goals. For a business to grow and thrive, the team needs to be a well-oiled machine that knows what it’s working towards, ...

Strategic management in the public sector encompasses the formulation and execution of policies and plans that align governmental operations with long‐term objectives. This field integrates planning, ...

There is a Japanese saying that goes, "When you're dying of thirst, it is too late to think about digging a well." This saying exalts the importance of strategic management to success in any endeavor.