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Strategic Management
Name ID
1. Sarif Ahamed Sawon 120216034
2. Md. Sourav Hossain 120216037
3. Azaaz Munshi 120216086
4. Sagor Chandra Podder 120216017
5. Tithi Debnath 120216096
6. Jannatul Ferdows 120216020
7. Razib Hassan 130216009
8. Mizanur Rahman 120216002
9. Javed Kaysar 120216019
Policies means by which annual
objectives will be
achieved
Where we are now?
Where are we now?
Where we want to go?
How are we going to get there?
the principal benefit of strategic management has
been to help organizations formulate better
strategies through the use of a more systematic,
logical, and rational approach to strategic choice
Communication is a key to successful strategic
management
Enhance
Communication
Deeper Improve
Understanding
Greater
Commitment
Result
 It allows for identification, prioritization, and
exploitation of opportunities.
 It provides an objective view of management
problems.
 It represents a framework for improved
coordination and control of activities.
 It minimizes the effects of adverse conditions and
changes.
Why Some Firms Do No Strategic
Planning
1. Lack of knowledge in strategic planning
2. Poor reward structures
3. Waste of time
4. Too expensive
5. Laziness
There are no Opportunity of training in
strategic planning so people have very
poor knowledge on less experiences in
strategic planning.
Poor reward structures
When an organization assumes success
it often fails to reward success .when
failure occurs then the firm may
punish.
 Some firms belief that planning is not a
productive activity so they thought strategy
planning means waste of time
Too Expensive
• An organization don’t has budget for
strategic planning as the assume it as
an expensive activity
 People provide less emphasis in
strategic planning because its not
involved in productive activity.
Why firms do no strategic
planning
 Fear of failure
 Overconfidence
 Prior bad experience
 Self-interest
 Fear of the unknown
Fear of failure
By not taking action, there is little risk of
failure unless a problem is urgent and
pressing.
Over confidence
Being over confident or overestimating
experience can bring demise.
Prior bad experience
People may have had a previous bad
experience with planning, that is, cases
in which plans have been long,
inflexible, cumbersome or impractical.
When some one has achieved status, privilege
or self esteem through effectively using an old
systems, he or she often sees a plan as a threat.
People may be uncertain of their abilities to
learn new skills, of their aptitude with new
systems, or of their ability to take on new roles.
1. Intuitive Decision making
2. Strategic Plan only satisfy accreditation
requirement
3. Treating strategic plan as an event, rather
than process
4. Fail to communicate the plan to employees
5. Not allowing enough time
Top managers make many intuitive decision that
conflict with the formal plan. It is not guiding the
actions of the staff.
Strategic planning only satisfy accreditation and
regulatory requirements instead of adding value
to the firm’s processes. It does not gather
information necessary to strategy thinking.
Some managers think strategic plan as an annual
static event. They are unable to treat it as an
changeable process.
Fail to communicate the plan to
employees
Some employees in the organization are
unconscious about what they are working for and
they also do not know what the strategic plan is ?
Some management teams want to get their
planning process just as quickly as possible.
They run through each of the process steps as
quickly as they can.
Presentation strategic management
Presentation strategic management
Presentation strategic management
Presentation strategic management
Presentation strategic management
Presentation strategic management
Presentation strategic management
Presentation strategic management
Presentation strategic management

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Presentation strategic management

  • 2. Name ID 1. Sarif Ahamed Sawon 120216034 2. Md. Sourav Hossain 120216037 3. Azaaz Munshi 120216086 4. Sagor Chandra Podder 120216017 5. Tithi Debnath 120216096 6. Jannatul Ferdows 120216020 7. Razib Hassan 130216009 8. Mizanur Rahman 120216002 9. Javed Kaysar 120216019
  • 3. Policies means by which annual objectives will be achieved
  • 4. Where we are now? Where are we now?
  • 5. Where we want to go?
  • 6. How are we going to get there?
  • 7. the principal benefit of strategic management has been to help organizations formulate better strategies through the use of a more systematic, logical, and rational approach to strategic choice
  • 8. Communication is a key to successful strategic management
  • 10.
  • 11.  It allows for identification, prioritization, and exploitation of opportunities.  It provides an objective view of management problems.
  • 12.  It represents a framework for improved coordination and control of activities.  It minimizes the effects of adverse conditions and changes.
  • 13. Why Some Firms Do No Strategic Planning 1. Lack of knowledge in strategic planning 2. Poor reward structures 3. Waste of time 4. Too expensive 5. Laziness
  • 14. There are no Opportunity of training in strategic planning so people have very poor knowledge on less experiences in strategic planning.
  • 15. Poor reward structures When an organization assumes success it often fails to reward success .when failure occurs then the firm may punish.
  • 16.  Some firms belief that planning is not a productive activity so they thought strategy planning means waste of time
  • 17. Too Expensive • An organization don’t has budget for strategic planning as the assume it as an expensive activity
  • 18.  People provide less emphasis in strategic planning because its not involved in productive activity.
  • 19. Why firms do no strategic planning  Fear of failure  Overconfidence  Prior bad experience  Self-interest  Fear of the unknown
  • 20. Fear of failure By not taking action, there is little risk of failure unless a problem is urgent and pressing.
  • 21. Over confidence Being over confident or overestimating experience can bring demise.
  • 22. Prior bad experience People may have had a previous bad experience with planning, that is, cases in which plans have been long, inflexible, cumbersome or impractical.
  • 23. When some one has achieved status, privilege or self esteem through effectively using an old systems, he or she often sees a plan as a threat.
  • 24. People may be uncertain of their abilities to learn new skills, of their aptitude with new systems, or of their ability to take on new roles.
  • 25. 1. Intuitive Decision making 2. Strategic Plan only satisfy accreditation requirement 3. Treating strategic plan as an event, rather than process 4. Fail to communicate the plan to employees 5. Not allowing enough time
  • 26. Top managers make many intuitive decision that conflict with the formal plan. It is not guiding the actions of the staff.
  • 27. Strategic planning only satisfy accreditation and regulatory requirements instead of adding value to the firm’s processes. It does not gather information necessary to strategy thinking.
  • 28. Some managers think strategic plan as an annual static event. They are unable to treat it as an changeable process.
  • 29. Fail to communicate the plan to employees Some employees in the organization are unconscious about what they are working for and they also do not know what the strategic plan is ?
  • 30. Some management teams want to get their planning process just as quickly as possible. They run through each of the process steps as quickly as they can.