Strategic Administration: A Management Tool Applied in the Financial Work Environment

Abstract

The history of strategic management, its importance in companies and its value outside of them will be reviewed. Five main points of the management process will be presented. The first is to review the nature of strategic management; the second observe the administration process; the third is the formulation of the strategy; the fourth is the implementation of strategic management; the fifth and last is control as management. Knowledge of what strategic management is in the workplace will be evaluated based on its different concepts.