Study Task 3 - SV-104

Answering by Drawing Concept Mind Map question below:

Question: 1 Why Need Strategy Management In Business??

Stewardship
Internal Financial
Business process

Strategy Organizational
Management in
business Capacity
Customer
stakeholder

Competitor Analysis

Assess strengths and weaknesses

Identify key success

factors
Scan environment for
opportunities and threats

Develop a vision and translate it into a mission

statement

 Create goal and objective

 Formulate strategies  Establish accurate controls
 Translate plans into actions
2. What is strategy management?

analyzing the competitive setting objectives analyzing the

environment
internal organization,

evaluating strategies
Strategy management analysis, decision, action

ensuring that management rolls out the

strategies across the organization
3. What is the Key Core Competencies of Strategy Management?

Value-added service
No third parties
Responsiveness
Involvement

Key Core
Team Building Flexibility
Competencies of
Strategy Management

Innovation customer service

Superior quality

4. WHAT IS STRATEGY MANAGEMENT IN OPERATION NEED TO FORCUS ON?

5. What are the process of Strategic Management ?