Strategic Management

Strategic management

Each organization is both a social institution and an open social system. It highlights many subsystems of production, innovation, social security, commercial, financial and more.

The management subsystem is of particular interest in the organization (enterprise, school, university, etc.). It performs various functions and tasks that can be classified into two groups. The first concerns the teaching of operational, ongoing activities and tasks, which are relatively routine. They are related to the present and near-future of the organization. This is the so-called operational management, which is oriented to achieve optimal functioning and achieve high efficiency.

Management functions and tasks of strategic management

Another set of managerial functions and tasks is about preparing the future of the organization, which makes it possible to ensure a good connection between the organization and its social environment in accounting for its changes and dynamics. This is already strategic management, which is closer to the use of the imagination of governing, rather than the use of routine professional tools. Reference: Organizational priorities,

This management is innovative in that it provides for the change and development of an organization that seeks to adapt to ongoing changes in the environment and, if possible, even anticipate them to maintain or win certain leadership positions in the environment. Advance adaptation of the organization to changes in its environment requires innovative thinking and considerable effort on the part of the management.

Strategic management is about goal setting

Strategic management is related to the formation of goals and objectives of the organization in the context of maintaining certain relationships with the environment, which contribute to the achievement of goals and correspond to its internal capabilities. Strategic management focuses on three major and interconnected components of society, major goals, and long-term planning. Strategic management covers issues of long-term nature and the achievement of the main goals of the organization.

Strategic Management in Education

Strategic management in education is a new theory, methodology, and practice in the changing reality today. It reflects the basic principles of the theory and practice of strategic management and successfully applies its methods and means for defining strategic goals, analyzing strengths, weaknesses, opportunities, and risks, selecting and implementing strategies in educational organizations. Their effect is determined by the ability of the management staff to absorb, understand and apply the general philosophy of strategic management in education, which forms the necessary culture and orientation of thinking in the development of the educational system at its various levels.

Strategic management in a broad aspect includes strategic decisions and strategic actions that are applied to formulate and implement strategies that ensure coherence between the organization and its environment and enable the achievement of long-term organizational goals. Reference: Managing business organizations and adding business value

Strategic management is also a process of management

Strategic management is also a process of management, the need for the organization to move from the state in which it is to another, desired state, ie. it is moving towards the future.

Determining the focus of an organization is possibly one of the most difficult tasks that a management team must solve because:

  • the strategic direction is based on the unknown future;
  • there are many choices available to the management team;
  • organizations operate in a dynamic and competitive environment;
  • strategic management involves people managers and everyone else who works in the organization.
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