Difficulty: Moderately Easy
Things You’ll Need:
- Buy-in from managers and time to develop the plan.
- An idea of the company's vision and how to get there.
Introduction
Step1
Strategic Management is the groundwork for a company’s vision and allows a company to be ready to capitalize on opportunities. Strategic management is a process of evaluating a company’s mission, establishing the company’s design, developing the company’s organization and relationships, and guiding the company’s plan to execution to ensure that the management is consistent with the company’s strategy.
Step2
Strategic management also enhances or protects the company’s interests and defines the way a company wants to expand or focus.
Step3
Strategic management if often overlooked and should be the first step in defining a company's core values, mission, and product focus.
Novice 
