PITFALL OF STRATEGIC MANAGEMENT PLANNING (SMP)
1. LESS CONTROL OVER DECISION AND RESOURCES
2. STRATEGIC PLANING ONLY SATISFY THE REGULATORY REQUIREMENT
3. SMP TOO HASTILY MOVING FORM MISSION DEVELOPMENT TO STRATEGY FORMULATION
4. SMP FAILING TO COMMUNICATE THE PLAN TO EMPLOYEES
5. TOP MANAGERS NOT ACTIVELY SUPPORTING THE SMP
6. FAILING TO USE PLANS AS A STANDERS FOR MEASURE PERFORMANCE
7. FAILING TO INVOLVE KEY EMPLOYEES IN ALL PHASES OF PLANNING
8. ONLY STRATEGIST ARE HIGHLIGHTED
9. FAILING TO CREATE A COLLABORATIVE CLIMATE FOR CHANGE
WHAT IS VISION STATEMENT
WHAT IS MISSION STATEMENT
WHAT IS OBJECTIVE
KEY TERM OF STRATEGIC MANAGEMENT
WHAT IS FACTOR IN STRATEGIC MANAGEMENT
PITFALL,DRAW BACK IN STRATEGIC MANAGEMENT
TYPES OF STRATEGIES
MBA NOTES
PITFALL OF STRATEGIC MANAGEMENT PLANNING (SMP)
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