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Strategic Management

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120 Views

strategic Management or Risk Management... which one is better ???

Rajni 28th Feb, 2022

Hello aspirant,

Hope you are doing well...!!

Strategic Management is the method involved with defining objectives, methodology, and targets to make an organization or association more aggressive. Commonly, essential administration takes a gander at actually sending staff and assets to accomplish these objectives.

Example of Strategic Management includes procedure incorporating item methodology, advertising system, human asset technique, and monetary system. The utilitarian procedure is worried about fostering an unmistakable capability to give a specialty unit an upper hand.


Risk Management is a cycle that permits individual gamble occasions and generally speaking gamble to be perceived and overseen proactively, upgrading accomplishment by limiting dangers and augmenting amazing open doors and results.

Risk management is the term applied to a consistent and efficient technique for laying out the unique situation, recognizing, investigating, assessing, treating, observing, and conveying changes related to any movement, capacity, or cycle that will empower associations to limit misfortunes and augment potential open doors.

Now, go for that which suits you.

Hope this helps you!

All the best!!

138 Views

Please help me i am confuse in 1) Marketing management 2) strategic management 3) Event management Which is best

Saurabh 22nd Apr, 2019
I will give you a basic idea of the above courses and my take on each of them.
Some parameters that I will take into consideration will be
Salary
Work life balance
Promotions
Roles
Marketing management:
this field is all about working with people. If you like being in charge of people, this is your fit. You need to have good communication skills because you will be constantly talking to clients. Not only will you be in charge of sales people but you will also have to pitch in and do the selling part. Ones who like it will enjoy this part.
Roles: Every industry needs Marketing and hence the roles variety offered is more in marketing. You will get to work in a lot of industries. But be careful as the learning curve is very high when you change industries.
Salary and promotions: very good starting salaries. Increments too are incredible. But with higher increments, greater expectations are put on the person  to perform.

Work life balance: This is a travelling job. You will have to travel a lot in this field. You might not be able to give family a lot of time in this field. But for those who like travelling, this is a dream job.


Strategy Management: Strategic management essentially means the implementation and formulation of various strategies in order to achieve the goals of the company.
Roles: As a strategy manager your role will depend on the situation of the company. It could be that you have to strategize the company's expansion or save it from the competition of other companies. Strategists are required when needed, and this puts greater pressure on the manager to perform.
Salary and promotions: salary depends on company and your role. If you are successful in bringing value,  you will be paid handsomely. Strategy managers can find themselves a seat among he board of Directors too.
Work life balance: good balance can be achieved here. You will be pulled in work when the required deadline comes closer but at other times you are mostly less worked after you have given the road map for the organization to follow.
Event management: Creating and executing an event from scratch is what is taught in the course. You will have to be able to multi task if you want to thrive in this field. It gets very stressful very often.
Pay: This field is very volatile and there may be times when there are no events to be done and you will be sitting with no work. And at other times you will be loaded with work uptill your neck. Pay depends on the size and importance of the event.
Roles: Variety of roles and a variety of work is available in this field. You get to meet interesting people and experience things. You can even start your own event management company once you have enough experience.
Now all being said,  it's up to you to choose.
Money: marketing > strategy > event
Work life balance: strategy > event > marketing
Satisfaction: strategy > event > marketing..
This is just my opinion and your choice should be based on your interest and passion.

76 Views

Average salary we get after doing this course and also tell te highest salary

khushboo pokhriyal 15th Apr, 2019

Dear Krushna,

The average salary of strategic management specialist is around INR 4,00,000 to 18,00,000 after post graduation. Some job position are IT manager (11,00,000) , financial manager (9,00,000) , finance advisors (4,00,000) , etc.

Regards

10187 Views

Difference between strategy and strategic management

Unnam sreekanth 17th Feb, 2019

Hello aspirant,

I can help you with better information.

Strategic Management is all about identification and description of the strategies that managers can carry so as to achieve better performance and a competitive advantage for an organization.

It is a continuous process that evaluates and controls the business and the industries in which an organization is involved.

The business management on other hand, is the day to day job of the manager. It consist of 5 functions planning, organising, staffing, directing & controlling. 

Hope above information is helpful to you

Thank you

157 Views

Hi, I got 90.69 in CAT 2019, but only in 69.26 in QA. Can i expect any calls? I am in General category. Can i edit my profile?

Siddhant 5th Jan, 2019

Hi Sam,

Congrats on a good overall score.

Chances for IIM calls are bleak. But you can expect calls from GIM,TAPMI,KJ SIMSR etc. I would suggest you to apply to top 10 best private bschools which accept CAT scores.

All the best,
Cheers.

129 Views

Private mba colleges for strategic management in india

shreyapandey96 Student Expert 4th Aug, 2018

Dear Student,

Some of the well known private MBA Colleges for a course in Strategic Management are Alliance University (Bangalore), Birla Global University (Bhubaneshwar), Mittal School of Business/Lovely Professional University (Phagwara), MIT School of Management(Pune).

You may  also want to visit https://bschool.careers360.com/colleges/list-of-executive-mba-in-strategic-management-colleges-in-india for more details.

Thank you.

144 Views

Reena mehta college in bhayander west given a wrong question paper of strategic management to all M.com part 1 fresher students.

vinayak thapar 22nd Jun, 2018

Hello Sa Design

thanks for reaching to us. We cannot help you with university’s internal exam. You need to contact your university for this matter only they can help you solve this. 

1532 Views

Difference between strategic management & business management

Ayush Jain 25th Jan, 2018

Heyy,

Itis often thought that business management is just another synonym for strategic management. truth is that this is a misconception. The two are different things in a business. Strategic management is all about designing the overall strategy for the company. There are three things attached to it, first one is strategic ananlysis which can be defined as doing a systematic analysis of where the company stands. The second one is making strategic choice & this has to do with formulating a course of action. The last one is strategic implementation & this can be defined as technical details on how to put the designed activity into work. 

The business management on other hand, is the day to day job of the manager. It consist of 5 functions planning, organising, staffing, directing & controlling. 

Business Management decision are usually short lived and are based on general guidelines where as Strategic management decision are for long term purpose. 

The organisation sets a goal where in the strategic management gives different strategies to achieve the goal and the management carry out the strategies to achieve the goal. 

I hope you are clear with my answer. 

431 Views

What is strategic management

manisha.gupta 24th Jan, 2018

Strategic Management is all about identification and description of the strategies that managers can carry so as to achieve better performance and a competitive advantage for an organization.

It is a continuous process that evaluates and controls the business and the industries in which an organization is involved.

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