Information Keeda

SITUATION ANALYSIS Description also available in video format (attached below), for better experience use your desktop.   Introduction ·        Situation Analysis is the systematic collection and study of past & present data to identify o    Trends o    Forces o    & conditions with the potential to influence the performance of the business & the choice of appropriate strategies ·        Example can be the o    Description & analysis the health status & health services of an area o    Assess the extent to which health services address health needs o    Identifying factors facilitating or preventing progress of health o    Prioritises problems and needs so the plans and strategies can address them   Importance ·        First step of a Planning cycle ·        Effective management tool ·        Consider both positive/negative potential outcomes ·        Forecast changes both internal & external ·        Refreshers strategy & ta

STRATEGIC MANAGEMENT Description also available in video format (attached below), for better experience use your desktop. Introduction ·        Strategic is the o    Unified o    Comprehensive o    & integrated plan that is related to the strategic advantages of the firm to the challenges of the environment ·        It is designated to ensure that the basic objectives of the enterprise are achieved ·        Strategic Management is an art and science of o    Formulating o    Implementing o    & evaluating cross functional decisions that enables an organization to achieve its objectives   Process of Strategic Management ·        ·        Strategic Intent o    Vision §   It is the statement that expresses organization’s ultimate long-run objectives. §   It is what the firm ultimately like to become §   It is closely related with strategic intent and is a forward thinking process §   Example:- Microsoft – “A computer software on every desk and