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External environmental factors have an inevitable impact on every business; therefore, it is essential to conduct in-depth analyses that can be used to strategize for gaining a competitive advantage and planning for uncertainties brought by these factors. These factors can be identified using tools such as PESTLE analysis and Porter’s Five Forces, along with strategic tools like the EFE Matrix for internal evaluation of opportunities and threats, and the Competitive Profile Matrix (CPM) to analyze the strengths and weaknesses of the business’s competitors. The intelligence collected and analyzed using these tools provides actionable insights on how to strategize, maintain a strong position in the industry, and gain a competitive edge by understanding competitors, leveraging the company’s strengths, and identifying opportunities for growth in the next industry life cycle. - AGP3D002

There are 3 levels in the strategic management. First, the corporate level this is where the CEO resides, this is the level where the personnel in charge was focused on the path that the company should take. Second, business level. This is the most common strategy being used in the business industry, the main use of this is for competitive strategy of the company, this is where the division manager resides, and the last one is operational level. This is the marketing, finance, and production of the company resides and mostly the work doer of the company. HJB3B001

Strategic management guides businesses in making effective decisions that drive short-term efficiency and long-term growth. It helps organizations adapt to changes, meet obligations, and stay competitive in evolving markets. By continuously refining strategies, businesses can achieve stability, profitability, and sustainable success. ABB3B001

This video gave me a clearer understanding of marketing, emphasizing the importance of knowing customers’ needs and maintaining consistency in products, services, and communication. I also learned the difference between wants, needs, and demand and how they connect, with needs forming the foundation. Along with the 4Ps of marketing, this insight helps in creating strategies that truly align with customer expectations. - BCG2CG4

I realized that there is a lot of powerful data analysis tool in spreadsheet applications like Microsoft Excel and Google Sheets. It allows me to summarize, analyze, explore, and present large amounts of data efficiently and aggregate data using functions like SUM, AVERAGE, COUNT, etc.-OMQYG7

This topic involves understanding customer needs, delivering satisfaction, and loyalty through effective marketing strategies. it's detailed and well explained video. fun to watch. JFD25G7

1. I learned about Importance of Strategic Planning in Organizations must analyze their internal and external environments to develop a clear vision, mission, and long-term goals. Effective strategic planning helps businesses stay competitive, allocate resources efficiently, and adapt to market changes. Here are two key learnings on **Strategic Management**: 2. I learned about Competitive Advantage Matters that successful strategy focuses on building and sustaining a unique competitive advantage. This can be achieved through cost leadership, differentiation, or market focus. Companies that continuously innovate and align their strategies with industry trends are more likely to achieve long-term success. -ML3D001

Effective communication is crucial in personal and professional settings, enhancing relationships and productivity by promoting attentive listening, precise expression, and empathy, while combating barriers like interruptions and preconceived notions. Improve discussions through activities like active listening, emphasizing key points, and adjusting tone and body language. KRJNO3D001

The strategic management video explains important ideas about business planning and decision-making. It helps viewers understand how to analyze competition, plan strategies, and use resources wisely. This series is useful for anyone who wants to improve their leadership and management skills. WL3D001

Strategic management is the process of establishing goals, examining the competitive environment, and carrying out plans to attain long-term success. It include making judgments regarding resource allocation, market positioning, and corporate expansion. RNB3D001

Strategic management is the ongoing process of defining a vision, establishing clear goals, and making informed decisions to align actions with an organization's mission and ensure its long-term success through continuous adaptation and improvement. BMV3D001

Strategic management is the process of setting an organization's direction, analyzing internal and external factors, and implementing strategies for long-term success. It involves defining a vision, assessing competition using tools like SWOT and PESTEL, and formulating corporate, business, and functional strategies. Competitive advantage is achieved through cost leadership, differentiation, or focus strategies. While strategic tools like Porter’s Five Forces aid decision-making, challenges such as market shifts and technological disruptions require organizations to remain flexible and innovative for sustainable growth. AMM3D001

Strategic management is the comprehensive process of analyzing an organization's internal and external environment, formulating strategies, implementing them effectively, and continuously evaluating performance to achieve long-term competitive advantage and organizational success. MPMO3B001

Strategic management is the process by which an organization formulates and implements major goals and initiatives on behalf of its stakeholders. These stakeholders may include shareholders, executives, employees, customers, communities, and suppliers. It is the management of a firm's resources to successfully achieve its goals and objectives. It is an action plan to ensure that performance targets are met and that the business continues to grow. AOS3B001

Strategic management guides a company’s long-term success through corporate, business, and functional-level strategies. Corporate strategy focuses on growth and market positioning, business strategy on competition, and functional strategy on operational efficiency. MRB3B001

Business success depends on strategic management because it allows companies for actively developing their future rather than just accept it. To ensure long-term growth and competitiveness, careful planning, implementation, monitoring, and analysis are essential. GGP3D001

Strategic management is all about setting goals for an organization and figuring out how to achieve them. It involves looking at both the internal and external environment, planning, and then implementing strategies. My key takeaways to remember are having a clear vision, analyzing the competitive landscape, using internal resources effectively, and continuously reviewing and improving strategies. Lastly, it's about staying ahead in the market and ensuring long-term success.- JLMMS3D001

Strategic management outlines the long-term plans that guide shorter-term decisions. It is crucial as it sets the direction for a business, ensuring its sustainability. All departments within the company work together to implement these plans and achieve organizational goals. Strategic management is a continuous effort that is vital for the long-term success of any business. SBC3D001

Strategic management is a process that helps organizations set long-term goals, allocate resources effectively, formulate effective strategies, implement action plans, and evaluate outcomes to ensure sustained growth. It involves creating strategies at different levels: corporate, business, and functional, ensuring alignment from top-level decision-making to daily operations. By adapting strategies to different organizational contexts such as small businesses, multinationals, public sectors, and non-profits, organizations can effectively respond to changing environments. MCH3B001

Strategic management is an ongoing process that involves planning, monitoring, evaluating, and reviewing all necessary elements for an organization to achieve its long-term objectives. It is determine to plan the future direction of an organization and guarantee its capacity to thrive and stay competitive in a constantly changing business landscape. By this, it ensure the organization to forecast market trends and respond quickly to the unexpected conditions. KFPP3D001

Strategic management involves planning and utilizing an organization’s resources to achieve long-term goals while considering stakeholder interests. It drives business growth by implementing strategies that enhance performance and efficiency. By prioritizing long-term success over short-term gains, it helps companies remain competitive, comply with regulations, and sustain profitability. MBBT3B001

Strategic management is also an action plan to ensure the performance targets are met in the long-term goals of the company it also has 3 strategic levels the corporate level, business level, and functional level strategy this will help your company to decide based on their function on what they should do to meet the maximum capabilities of the company. there is also have process strategy the IFIE that they follow to identify internal and external opportunities, threats to their mission vision, and values . strategic management play important role in every business these will be their guide on how their company should run in long term. AGQ3B001

Strategic management is the process of defining an organization's long-term direction, making key decisions, and allocating resources effectively. It involves analyzing internal and external factors, formulating strategies, implementing them, and evaluating performance for continuous improvement. Businesses that apply strategic management gain a competitive advantage by adapting to market changes and optimizing their operations. MGMC 3D001

Strategic management helps businesses create a clear plan to reach their goals and stay ahead of competitors. Companies must adapt to changes in the market to survive and keep their customers. Using resources wisely, like money and people, helps businesses stay strong and successful. RMAT3B001

Strategic management ensures an organization sets long-term goals, analyzes internal and external environments, and implements strategies across corporate, business, and functional levels to achieve competitive advantage. It integrates vision, mission, and values while adapting strategies for various organizational contexts like small businesses, multinationals, and nonprofits - HCE3D001

Strategic management is how businesses plan and make smart moves to grow and stay ahead of the competition. There are different levels big company decisions, how a business competes, and specific department strategies. A clear vision, mission, and values help guide companies, and every type of organization uses strategic management to succeed. CDB3D001

Strategic Management means that all business decisions, strategies, and actions are designed to achieve specific, measurable objectives. This approach ensures that an organization stays focused on its mission, vision, and long-term success. MRPU3D001

Strategic management is the process of setting clear goals, developing effective strategies, and making informed decisions to ensure long-term business success. It’s not just about having a plan but also making smart decisions to stay ahead of competitors and adapt to changes. Good strategic management helps a business grow, stay strong in tough times, and reach success step by step. SDL3B001

Strategic management is the process of planning, organizing, implementing, and evaluating actions to achieve an organization's long-term goals. It involves analyzing the internal and external environments, identifying opportunities and threats, and making decisions about resource allocation and strategic direction. I’ve learned that an organization needs to formulate and implement, which includes shareholders, executives, employees, customers, communities, and suppliers. Also, corporate levels are made by the top level of management, which is about the corporation or company having strategic business knowledge within the organization. While business level is focused on achieving a competitive edge by the strategic planning for the business. Lastly, the functional level is focused on the plans and actions within the organization to achieve their business goals and objectives. -TJA3B001

Strategic management involves defining both short-term and long-term goals while effectively coordinating resources to accomplish them. It serves as a flexible roadmap, monitoring performance and guiding progress toward objectives. As the foundation of a business, it steers the organization toward success, influencing its direction at every stage. KAAP3B001

Strategic management drives businesses by setting objectives, making the most of available resources, and guaranteeing expansion at all operational levels, strategic management propels companies forward. To increase competitiveness, it adheres to a systematic process of evaluation, development, implementation, and review that is in line with the organization's vision, mission, and values. It functions at the corporate, business, and functional levels to match organizational goals with strategies. BFDP3B001

Strategic management is a crucial process that helps organizations align their actions with long-term goals. It operates at three levels: corporate , business , and functional . A clear vision, mission, and values guide decision-making and strategy development. The strategic management process involves analyzing the current state, formulating strategies, implementing them, and monitoring progress. Depending on the organization’s context, strategies must be adapted to ensure effectiveness and success. CMFF3B001

Strategic management is all about setting goals, figuring out the best way to reach them, and making sure a business stays competitive and successful in the long run. It involves understanding strengths, spotting opportunities, making smart decisions, and adjusting when things change. RRD3B001

Businesses can achieve greater profitability by optimizing key factors such as cost reduction, competitive pricing, customer value enhancement, and overall efficiency. By strategically managing expenses, understanding market demand, and applying effective pricing psychology, companies can maximize revenue while ensuring long-term customer satisfaction and market competitiveness. ORR3B001

A strategic management involves in developing, executing and managing the strategies so that a business will achieve its desired outcome. By maintaining the competitive edges, and responding to the trends of the market. It encompasses analyzing both internal and external factors that will allow themselves to risk decisions and ensure the long-term stability and sustainability of the business. GALC3B001

Strategic management plays a crucial role in setting and executing objectives that align with the needs of various stakeholders, ensuring efficient resource utilization to achieve organizational targets. The mission statement defines the organization's core purpose, while the vision statement establishes long-term aspirations that shape strategic choices. Different types of organizationswhether private, public, or nonprofit-necessitate customized strategic approaches that reflect their distinct goals and stakeholder priorities. RDP3B001

Strategic management is an action plan that helps an organization by setting goals and implementing strategies to achieve its objectives. Also, using SWOT analysis tools to identify potential challenges and opportunities. Ensuring that the organization has a clear vision and mission to maintain the competitive advantage. KJM3D001

Strategic management is essential for organizations to define and achieve their long-term goals by formulating and implementing effective strategies. It operates at three levels which are corporate, business, and functional wherein each level it contributes to overall success through stability and expansion strategies. By integrating vision, mission, and values, strategic management ensures sustained growth, competitive advantage, and efficient resource allocation for each and every organization. AMY3D001

Strategic management is the process of formulating, implementing, and evaluating strategies to achieve long-term organizational goals, ensuring competitiveness and sustainability. It operates at three levels: corporate strategy, which defines overall direction; business strategy, which focuses on market positioning; and functional strategy, which optimizes departmental operations. The strategic management process involves analyzing the environment, setting objectives, formulating strategies, implementing plans, and continuously evaluating performance to adapt to changing conditions. JOI3D001

Strategic management is the process of planning, implementing, and evaluating strategies to achieve an organization’s goals and objectives. By focusing on a clear vision, mission, and values, businesses can move beyond short-term thinking and stay competitive. This process improves efficiency and helps organizations adapt and succeed in changing markets. BCN3B001

Marketing is more than just selling products; it is about building lasting and profitable relationships with customers. At the heart of this process is understanding customer needs. Businesses must identify what their target audience values most to provide solutions that truly meet their expectations. Consumer preferences evolve, and technological advancements shape new trends, making it crucial for companies to adjust their strategies accordingly. -CCCC2CG6