While the discussion in this article describes the shareholder value creation process, which as mentioned is a financial model concept, it is the essence of strategic management as well.

The strategic management process consists of five steps. First, the business owner analyzes the barriers to organizational success as well as any opportunities that may exist.

Nonprofit leaders, midlevel managers, and frontline staff sometimes view strategic planning as one more task heaped onto near ...

Specifically, learn: A practical strategic management process and how to use the framework for planning and developing a unit’s strategic plan. How to translate high-level goals into actionable plans ...

The integration of generative AI technologies into strategic portfolio management represents a significant leap forward in the field.

Strategic Management Journal publishes original refereed material concerned with all aspects of strategic management. It is devoted to the improvement and further development of the theory and ...

Strategic Management Journal, Vol. 16, No. 6 (Sep., 1995), pp. 477-495 (19 pages) The two perspectives of strategy process most firmly established in the literature-strategic choice and ecology-assume ...

Roberto Vassolo is Professor in Strategic Management at IAE Business School. He is co-author of Strategy as Leadership: Facing Adaptive Challenges in Organizations (Stanford University Press 2022).

Managers spend a great deal of time preparing, researching and communicating the strategic management process, which may impede day-to-day operations and negatively impact the business.