THE NATURE OF STRATEGIC MANAGEMENT & THE BUSINESS VISSION AND MISSION

Assalamualaikum . ok, now i'm wrote my second post. Today we learned our first chapter about strategic management. Well, as usual i feel so enjoy in this class. I'm not feel stress in this class. huhu. Miss Ummi really attracked us about her lesson. Today we olls learned about the definition of strategic management, its strategic, vision & mission and many explanation about it. Strategic means formulating, implementing, and also evaluating cross functional decisions that enable an organization to achieve its objective.  In strategic management, we got three strategies which is Strategy formulation, strategy implementing & one more is strategy evaluation.In strategy formulation we got vision,mission, Identify organization external opportunity and threats, identify  strength and also weakness, decide what business to enter, what business to abound, avoid hostile takeover, how to allocated resources and also whether to enter international markets. Next strategy is Strategy of Implementing, in this strategy we often called the action stage, Implementing also requires a firm to establish annual objective, devise policies, motivate employees and allocate resources so that formulated strategic can be executed.Lastly, about strategy of Evaluation. In this strategy, evaluation was important in reviewing external and internal factors. The next chapter we've learned about Vision and mission. I love alot about this chapter. in this chapter i can say and summarized that vision and mission is very important t achieve our aim or objective. To grab the Vision we should have the mission . In conclusion, Vision is about WHAT we want to become and Mission is HOW we want to become WHAT we want to be.  As a student we also should have the vision and mission. For an example, i want to be the successful person, so i need to study hard and got an excellent result. Not just in academic but i have to success in all aspect, so I can got a title Successful Person. I thinks that's all for today. Happy reading. huhu. sorry about my grammar. Thank You :)