Professional Documents
Culture Documents
Student Names
1:maxamuud siciid yuusuf
2:Abdiasis Ahmed Ali
3:Abdulahi Abdisalam Maxamed
4:Abdiasis maxamed maxamud
5-Abdulahi abdiqadir isse
6-Sadaam said maxamuud
7-Sumayo Faatax Jaamac
Basic Concept of Strategy
Management and corporate
government
Faculty: Business Administration
Semester: seven
Subject: strategic management
Topic: Presentation
Specific Topic:Basic Concept of
Strategy Management and corporate
government
Lecture: moha lambo
CONTACT
HOW TO REPRSENT:
WHO REPRESNT DURATION
•introduction CABDULAHI 5minutes
ABDISALAM
MOHAMED
CABDULAHI
ABDISALAM
MOHAMED
introduction
History of Strategic mangement
Strategy roots back to the military which was used for
drafting, plan of war , shaping individual campaign and
deciding which battles to engage in. in military sense,
strategy is the art of war or the art of general key decision-
maker.
Until the 1940 strategy seen as primary a matter for the
military. military history is filled with stories about strategy
Strategic management Discipline originated in beginning
the 1950 and 1960.
History of corporate governance
The modern of practice of corporate governance has its
roots in the 17 the Century Dutch Republic
The first record corporate governance dispute in history
took place 1609 between the share holders \investors
(most notably Isaac le Marie ) And directors Dutch east
India company(voc)
The worlds first Formally listed public company
Corporate governance is a system by which companies are
directed and controlled
Strategic Managemnts sets
the ugend for future action
Strategic goals states what is to be achieved and when
Strategic policies set the guidelines and limited for the
action to achieve strategic goals.
Strategic programs states the step by step action
necessary to achieve major of objectives
Strategy management:
is asset of managerial decisions and action that determines the long-
run performance of a corporation
Strategy management consists of three stages:
Strategy formulation ,strategy implementation ,strategy evaluation.
strategy management involves:
Internal and external environment scanning
Strategy formulation
Strategy implementation
Evaluation and control
Relationship b\w strategic mangement and corporate
governance
Welcome to…..
MAXAMUD SACIID
YUUSUF
Process of Strategy Management
The strategic management process includes 7 steps:
Setting the Goal – The first and foremost stage in the process of strategic management
requires the organization to set the short term and long term goals it wants to achieve.
Initial Assesment – The second stages says to gathers as much data and information as
possible to help state the mission and vision of the organization.
Strategy Formulation – Strategy formulation is the process of deciding the best course
of action to be taken in order to achieve the goals and objectives of the organization.
Strategy Implementation – Executing the formulated strategy
in such a way that it successfully creates a competitive advantage
for the company. In simple words, putting the chosen plan into
action.
ABDIASIS MAXAMED
MAXAMUUD
Components of Strategy Management
Strategic Intent
Strategic Intent of an organization clarifies the purpose of
its existence and why it will continue to exist. It helps
paint a picture of what an organization should
immediately do to achieve the company’s vision.
Mission
Mission component of strategy management states the
role by which an organization intends to serve its
stakeholders. It describes why an organization is operating
that helps provide a framework within which the strategies
to achieve its goals are formulated.
Vision
The visual component of strategy management helps
identify where the organization intends to be in the
future. It describes the stakeholder dreams and aspirations
for the organization.
Goals and Objectives
Goals help specify in particular what must be done in
order to attain an organization’s mission or vision. Goals
make the mission component of strategy management
more prominent.
Welcome to…..
SUMAYO FATAX
JAAMAC
Basic Elements of Strategic
Management
1. Environmental scanning (internal &
external analysis)
2. Strategy formulation (mission, objectives,
strategies, policies). What we do.
3. Strategy implementation (programs,
budgets, procedures). How we do it.
4. Evaluation and control (e.g., financial
outcomes)
Environmental Scanning
Strategy Formulation
the development of long-range plans for the effective
management of environmental opportunities and threats
in light of organizational strengths and weaknesses.
(Derived directly from SWOT analysis.)
Strategy implementation
the process by which strategies and policies are put into
action through the development of