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Strategic Management Model - MIM

Strategic Management ModelGatheringInformationSocietalEnviron ment:General forcesNaturalEnvironment:Resources andclimateTaskEnvironment:Industry analysisInternal:Strengths andWeaknessesStructure:Chain of commandCulture:Beliefs, expectations,valuesResources:Assets, skills,competencies,knowledgeExternal:Op portunitiesand ThreatsDeveloping Long-range PlansMissionReason forexistenceObjectivesWhatresults to accomplishby whenStrategiesPlan toachieve themission &objectivesPoliciesBroadguidelinesfor decisionmakingEnvironmentalScanning:Stra tegyFormulation:Feedback/Learning: Make corrections as neededPutting Strategy into ActionMonitoringPerformanceProgramsActiv itiesneeded to accomplisha planBudgetsCost of theprogramsProceduresSequenceof stepsneeded to do the jobPerformanceActual r

Environmental Sustainability Issue: PROJECTED EFFECTS OF CLIMATE CHANGE 12 1.3 Theories of Organizational Adaptation 12 1.4 Creating a Learning Organization 13 1.5 Basic Model of Strategic Management 14 Environmental Scanning 16 Strategy Formulation 17 Strategy Highlight 1.1: DO YOU HAVE A GOOD MISSION STATEMENT? 18 Strategy …

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