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One method used by upper level management to generate or maintain an organization’s prosperity is strategic management. Strategic management is the set of decisions and actions that result in the design and activation of strategies to achieve the objectives of an organization and to determine where the business is heading, how the business gets there and how the enterprise will know if it got there or not. (Pearse, J. A., and Robinson, R., 2005).
The key to maximize an organization’s probability of being both independent and prosperous over a long-term is to pursue a strategy model that defines the business, the ends it seeks, and the means it will use to accomplish those ends...
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