Register now or log in to join your professional community.
Operations strategy is to provide an overall direction that serves the framework for carrying out all the organization’s functions.
The strategic management process involves analyzing cross-functional business decisions prior to implementing them. Strategic management typically involves:
Analyzing internal and external strengths and weaknesses.
Formulating action plans.
Executing action plans.
Evaluating to what degree action plans have been successful and making changes when desired results are not being produced.
Strategic management necessitates a commitment to strategic planning, which represents an organization's ability to set goals to determine the decisions and actions that need to be taken to produce those results.
Management level is different
strategic operation refers to, collective decision taken by the " Board members", of the organization to maximize the profit, and to increase the volume of sales, by advertisement , or some other means.
Strategic management refers to, maintaining the plan , and trying to improve the performance.