Synopsis "Role of Strategic Management in Business Organizations"
The series in seach of management excellence its totality will provide guideline to all managers at all level from foreman to chief executive engaged in all industries, trade and commerce.This book in No.2 in the series: "In Search of management Excellence." The book consists of 9 chapters. Chapter 1 consists of introduction. Chapter 2 consists of Corporate Strategy Explained and includes: Introduction; and Corporate Strategy. Chapter 3 consists of Business And Functional Strategies Explained and includes: Introduction; Generic Strategy Approach; Research And Development (R & D) Strategy; Human Resources (HR) Strategy; Organization Design Strategy; Functional Strategy; and Recent Strategic Thinking In Organizational Context During Last Two Decades. Chapter 4 consists of Strategic Management Process and includes: Introduction; Strategic Management Process, which further includes Formulation Phase Of Strategic Management Process, Implementation Phase Of Strategic Management Process, Evaluation Phase Of Strategic Management Process, Modification Phase Of Strategic Management Process; Strategic Management Elements; Analysis And Diagnosis Of Internal Factors: SWOT Analysis; Factors Influencing Formation Of The Corporate Mission And Objectives; Production And Operations Management Factors; Corporate Resources (Including Personnel) Factors; Marketing And Distribution Factors; Research And Development And Engineering Factors; Finance And Accounting Factors; Analysis And Diagnosis Of The General Environment; The General Environmental Factors; Socio-Economic, Technological And Governmental Factors, which further includes: Socio-Economic Factors, Technological Factors, and Governmental Factors; Analysis And Diagnosis Of The Industry And International Environment, which further includes: The Industry Environment Factors, Factors Associated With Customer Sector, Associated With Supplier Sector, and the International Environment Factors.Chapter 5 consists of Choice Of Appropriate Strategy and includes: Generic Strategy Alternatives, which further includes: Stability Strategies; Expansion Strategies; Retrenchment Strategies, and Combination Strategies; and Strategy Variations. Chapter 6 consists of Implementation Of Selected Strategy and includes: Structure And Resources; the Factors That Influence Strategy Implementation, which further includes: Strategy Formulation, Executors, Relationships Among Different Departments And Different Strategy Levels, Adequate Communication Channels, Implementation Tactics, Consensus Within And Outside The Organization, Adequate Organisational Structure, Organizational Administrative Control Systems, and Commitment By All Levels Of Management And By Employees; Implementation Process; Resources Allocation; Structuring For Strategy Implementation; Planning System For Strategy Implementation; Policies, Plans And Administration; Plans And Policies; Integrating Plans And Policies; Role Of Leadership In Strategy Implementation; Strategy Implementation In International Settings; Evaluation And Control Process; Effectiveness Of Control And Evaluation System; Criteria For Evaluation; Performance Measurement And Feedback; Tool For Feedback And Evaluation; Management By Objectives (MBO); Evaluation And Corrective Action; Successful Management In Today's Electronic Age; Building A High-Trust Organization; and Concluding Remarks. Chapter 7 consists of Strategic Management From Islamic Perspectives and include: Introduction; Need For Management Paradigm; Management From Islamic Perspective; and Ideas Regarding Islamic Perspectives To Strategic Management, which further includes: Management: Islamic Perspectives, Islamic Management Vs. Conventional Management, and Operations Management From Islamic Perspective. Chapter 8 consists of summary and conclusion. Chapter 9 consists of 25 case studies on strategic management The book is supported with bibliography.
