Discover what strategic management is, how it streamlines resources, evaluates strategies, and empowers organizations to meet their business goals efficiently.

Strategic management is the process in which management implements a plan or strategy that maximizes the utilization of resources for the benefit of the organization. Often times companies implement a ...

This process is based on Gap Analysis. Supposedly, the competitor who manages to execute it better and more wisely (and also carries out the strategy with consistence and persistence)—will be the one ...

For many organizations, the pinnacle of good strategy making is engaging all employees somehow in the strategy process. The reasons for this are fourfold: As the four reasons above show, there’s a ...

One of the most underutilized tools today for developing hearing healthcare strategy is the consumer-patient journey. Mapping the journey, with its hidden barriers and accelerants to care, helps ...

A product development strategy provides a framework for creating new products or improving the performance, cost or quality of existing products. The strategy helps a company achieve business goals, ...

Does everybody see themselves as the chief strategy officer in your company? This fourth article in my series explains that empowerment and accountability don't mean a free-for-all in a people-first ...

Eva-Maria Hempe, NVIDIA, says bio/pharma must centralize AI strategy, tackle silos, prioritize process integrity, and balance quick wins with long-term drug design goals.