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- DictionaryStra·te·gic/strəˈtējik/
adjective
- 1. relating to the identification of long-term or overall aims and interests and the means of achieving them: "the company should take strategic actions to cope with fundamental changes in the environment"
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What does strategic mean?
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STRATEGIC definition: 1. helping to achieve a plan, for example in business or politics: 2. used to provide military…. Learn more.
Strategic definition: pertaining to, characterized by, or of the nature of strategy. See examples of STRATEGIC used in a sentence.
Definition of strategic adjective in Oxford Advanced American Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
- What Is Strategic Management?
- 5 Steps of The Strategic Management Process
- Examples of Strategic Management in Practice
- Careers That Apply Strategic Management
- Pursue Strategic Management with Coursera
Strategic management involves developing and implementing plans to help an organization achieve its goals and objectives. This process can include formulating strategy, planning organizational structure and resource allocation, leading change initiatives, and controlling processes and resources. Strategic planning involves identifying business chal...
It's common to view the strategic management process as a five-step process. The steps are identification, analysis, formation, execution, and evaluation.
Implementing and overhauling information systems and technology Let's say Company A is a startup that has been scaling rapidly. They hired a strategy consultant to come in and conduct an audit. The consultant finds that the company is paying for apps and tools that it doesn't use. They conduct survey research to understand employee needs and compil...
To some extent, strategy is necessary for plenty of management and leadership roles in nearly any industry. But strategic management is slightly different since it involves managing the evolution of strategies that are important to an organization's bottom line. These are a few careers that apply strategic management as a core part of the role: 1. ...
A career in strategic management can be challenging and rewarding, offering a unique perspective on how businesses operate. If you're ready to take the next step toward a career in strategic management, consider the Strategic Management and Innovation Specializationoffered by the Copenhagen Business School on Coursera. This program covers how to fo...
Defining Strategy. Strategy has been studied for years by business leaders and by business theorists. Yet, there is no definitive answer about what strategy really is. One reason for this is that people think about strategy in different ways.
Strategy generally involves setting goals and priorities, determining actions to achieve the goals, and mobilizing resources to execute the actions. [4] A strategy describes how the ends (goals) will be achieved by the means (resources). [5]
Adjective. Expand. 1. Of or relating to military strategy; useful or important in… 2. Of, relating to, or characterized by the identification of… 3. Golf. Relating to or involving a type of course where… † Noun. The art, practice, or science of military strategy; =… Earlier version. strategic, a. and n. in OED Second Edition (1989) adjective. 1.a.
