Eddielogic

– Thoughts on Strategy and Management

February 5, 2007
by Oliver
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Elements of “Strategic Management”

Due to specific disadvantages (e.g. over-formalized-process, lack of co-operation between HQ/planners and business units) the concept of strategic planning was advanced to another more comprehensive concept in the 1980s. The comprehensive concept is called “strategic management”. In comparison to the logic-rational elements … Continue reading