Strategic Management

October 26, 2022

Otonye Daka

UD75153BPR84332

Enhancing Competitive Advantage through Strategic Management

This document explores the strategic management process, emphasizing the importance of SWOT analysis and the balanced scorecard in achieving organizational goals. It highlights the interrelationships between planning, positioning, and perspective, and underscores the significance of organizational culture in fostering sustainable growth and competitive advantage.

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Assignment Transcript

In this strategic management assignment, I delve into the critical components that drive organizational success. The SWOT analysis serves as a foundational tool for identifying strengths, weaknesses, opportunities, and threats, enabling informed decision-making. Additionally, the balanced scorecard framework translates strategic goals into measurable performance objectives, aligning daily operations with long-term vision. I also emphasize the value of organizational culture in shaping employee behavior and fostering a collaborative environment. By applying these concepts, I aim to enhance my leadership skills, set realistic objectives, and improve overall organizational performance. This course equips me with the necessary tools to navigate challenges, implement effective strategies, and contribute to sustainable growth within my organization.

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