Top 5 Careers in Strategic Management

Careers that stand out to be different from others

What is Strategic Management? Strategic Management is

1. Formulation of Business Goals

2. Implementation of the Ideas to Achieve those Goals .

3. The planning is done by the Strategy Analysts on the company behalf of the owners.

4. Based on the Resources of the company and assessing the Internal and External factors in which the company competes .

Key Questions Of Strategy Planning

What do we do For whom do we do How do we excel

How is Strategy Planning Achieved? By SWOT Analysis :- # Strength - Best possible utilization # Weakness - Minimize the organizational weakness # Opportunities - Make use of the Rising Opportunities # Threats- Shouldn't be Ignored

How to be a Strategic Manager?Role of a Strategic manager is always challenging . It includes Consider the Financial Planning & Analysis(FP&A) Marketing Technology Involved Customer Acceptance

All these key factors are interrelated and are well taught in the Postgraduate Diploma in Strategic Management courses which are now available online.

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Job Options In Strategic Management

Strategic Planner

Track, anaylyse and organise the company as well as competitive data for the management , in order to device the action plan.

Strategic Manager

They are at the higher management level and is authorised to make decisions for the firms.

Strategic Cost Analyst

Determines the cost of business activities ,analyse the break even to determine the true opportunity cost of resources devoted to various corporate activities.

Alternate Career Options

Human Resource Manager

Works in co-ordination with the top executive to develop staffing plans according to the company needs.

Medical and Health Managers

Coordinate healthcare services for employers which usually include managing employees and finances, setting policies, and ensuring adherence to applicable regulations.

Conclusion

Strategic Management is an ongoing process.

In the revolution of industrialization, strategizing has become a vital part and with time it would expand more.

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