STR 581 Wk 1 Discussion - Strategic Management Process

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STR 581 Wk 1 Discussion - Strategic Management Process

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students.  I look for specific, "real-world" applications of principles.

Due Thursday 

Respond to the following in a minimum of 175 words: 

The strategic management process is key  the leadership of a

and how it differs from the day-to-day management of the company. 

·        Why is strategic planning important to the organization? What makes it strategic?

How does strategic planning help the organization? Give current event examples

or examples from actual, real-life situations.

·        What legal issues do companies face when creating a strategic plan? What effects do

legal issues have on a company’s strategic planning process? Discuss in

terms of local, national, & global compliance strategies.

Due Monday 

Reply to at least 2 of your classmates. Be constructive and professional in your