Strategic Management
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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.
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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
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
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.
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.
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.
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.
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.
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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