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STRATEGY AND STRATEGIC PLANNING

FUNCTIONAL STRATEGY

Strategies are formulated and implemented at the level of the management of each business function, such as the functions of Human Resources, finance, operations, and marketing. This level will also be the center of information management strategies in a greater level or at the top level is like a business and corporate. Each type of functional units required to develop a business strategy in order to contribute to the success of the overall business strategy or all of its

OPERATIONAL STRATEGY

Strategies are formulated and implemented in the operational units such as sales, distribution, storage, promotion, inventory, payroll and others as his. The success of a manager on a range of strategy is going to determine some of the smoothness of the process and the success of the organization as a whole


STRATEGY AND STRATEGIC PLANNING

Establish strategic vision, mission, goals and determining strategies is a process of planning for the future in any company. Given the strategic planning includes the company's performance in the short and long term, as well as the plan of action to face great rivals and also tough.

The preparation of this strategy is an exercise entrepreneurship, which means activities that require the ability author strategies can seize opportunities and manage all risks. As we already know, the environment that we face are not always stable and predictable properly sometimes in the company's many ups and downs. For now, the changes even tend to fluctuate and are difficult to predict. The more rapidly changing environment it is increasingly critical for managers to become an entrepreneur (creative) is someone who is able to predict the conditions and adjust strategies to deal with these changes.

 
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