strategic management

Popular Terms
The systematic analysis of the factors associated with customers and competitors (the external environment) and the organization itself (the internal environment) to provide the basis for maintaining optimum management practices. The objective of strategic managementis to achieve better alignment of corporate policies and strategic priorities.

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When you are trying to find new ideas a good strategic management plan can lead you where you need to go.
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The lad's strategic management course proved to pay dividends when he found himself stranded on a desert island with an angry bear.
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Being good at strategic management will help you to out think your competitors and stay one or two moves ahead of them.
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