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MODELS IN STRATEGIC MANGEMENT
STRATEGIC DESION
MAKING
3/23/2015 1NOBLE INSTITUTE OF MANAGEMNT
AND TECHNOLOY
Presented By: Nagendra Maurya
Strategic Model
• Strategic management model refers to the
pattern or mode of strategic management.
According to the strategic management model,
a number of steps are taken to achieve the
objectives of a company. Different strategic
management models are chosen by various
companies according to their conveniences.
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TECHNOLOY
Strategic Model
• Strategic management model is also
known as strategic planning model. A
strategic planning model is selected for
the purpose of formulating and
implementing the strategic management
plan of a particular organization.
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TECHNOLOY
Strategic Model
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TECHNOLOY
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Steps Involved In This Strategic
Planning Model
• Mission
• Objectives
• Situation Analysis
• Formulation of Strategies
• Application
• Control
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TECHNOLOY
Applications
• Research and development
• Marketing
• Production
• Procurement
• Information systems
• Human resources
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TECHNOLOY
Forms of Strategic Management
Models
• Basic strategic planning model
• Alignment strategic planning model
• Goal-based or issue-based strategic planning
model
• Self-organizing or organic strategic planning
model
• Scenario strategic planning model
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TECHNOLOY
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TECHNOLOY
Strategic Decision Making
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TECHNOLOY
Decision-Making
Decision-making can be
regarded as the cognitive
process resulting in the
selection of a belief or a
course of action among
several alternative
possibilities
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• Strategic decision-making is the processof developing and putting into actionchoices that will influence the long-termwelfare of the organization. Thesechoices often involve majororganizational changes and largeresource commitments that are difficultto reverse once they are implemented.
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Strategic Decision Making
Process
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