Top Strategic Management Online Publishing Journals | Open Access Journals

Journal of Environmental Hazards

ISSN: 2684-4923

Open Access

Top Strategic Management Online Publishing Journals

Strategic management is about defining and explaining the techniques managers should adopt in order to gain improved results and a competitive advantage for their company. It is said that a company has a competitive advantage if its productivity is higher than the average profitability for all organizations in its market. The method of strategic management determines the policy of the organisation. It's also the mechanism that lets managers make the organization's choice of a set of strategies that will allow it to achieve better results. Strategic management is a continuous process that evaluates and controls the business and the industries in which an organization is involved; evaluates its competitors and sets goals and strategies to meet all existing and potential competitors; and revalue strategies on a regular basis to determine how those strategies have been implemented and whether they have been successful or need replacing. Employees become more trustworthy, more committed, and more satisfied with each organizational task as they can correlate well. With the help of strategic management, they can understand the reaction of environmental changes on the organization and the likely response of the organization

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