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Approaches of strategic management

Introduction to Creative Thinking

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Strategic management can depend upon the size of an organization, and the proclivity to change of its business environment. These points are highlighted below:
Much of the thinking done in formal education emphasizes the skills of analysis--teaching students how to understand claims, follow or create a logical argument, figure out the answer, eliminate the incorrect paths and focus on the correct one
Whittington's perspectives of Strategic Management
Management by objectives (MBO )
Whittington outlined three other approaches to strategic management thinking. They have in common responsiveness to factors other than the profit maximization and market position goals of the classic approach.
Management by objectives (MBO), also known as management by results (MBR), is a process of defining objectives within an organization so that management and employees agree to the objectives and understand what they need to do in the organization in order to achieve them.
 
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