2nd week lecture!!~

Salam allsz..

Today i wanna story mory about the 2nd clss of my new favourite subject...of course laa Strategic Management...hehehe

Actually this story is also an outdated one because the class in on last Tuesday, but only today that I have the idea+ mood to post about what I learnt in the lecture..so sadis meyh..sob..sob..sob...(T_T)..

Last week is the introduction to strategic management, so basically the first 2 chapter covered was about the nature of strategic management and also the nature of vision and mission of an organization...but, to make sure this entry is not a long one, (I'm sure u guysz pown don't want a long one right...kekeke) I will juz summarize on this 2 topics together..okeyh???

Strategic management is basically is a process where the strategist formulate, implement and evaluate any decisions that enables the organization to achieve their objectives. There are 3 key stages in strategic management which are 1st is STRATEGY FORMULATION. 2nd is STRATEGY IMPLEMENTATION and last stage is STRATEGY EVALUATION.

ok..rather than read my broken english writing, better u alls take a look at the pic below.. I'm sure u guys will get some ideas on strategic mngemnt juz from that picture...Like u know, "Picture's worth a thousand words" right?? kekeke...ok stop ur craziness for a while cik tkah! kekekeke

During the strategy formulation stages, we have to develop the vision and mission of the organization. The vision and mission is the most important thing that we have to set up before other things cause if we unsure of what we wanna do, how to achieve the vision, what strategy should we do, it would effect the entire process of strategic management. So guys, the vision must clearly state what we wanna be and achieve for the long run. While a mission statement should include all aspects that the organization wanna tackle such as customer, product and services, the markets, the technologies used, the philosophy of the organization, their public image and so on in order to achieve the vision

During the strategy implementation stage, the organization will executes all the strategy  and action plans that they have formulated before..In this time, the organization should make analysis on all strategy that they have executes whether the strategy works or not.. Only then,the strategy evaluation stages take places and the organization can decide whether they should stick to the old strategy or maybe they can switch to a better plan and strategy.

Basically, that is my understandings from the first lecture...But one thing is, the strategic management is not only applied to a business operations or organization only...LIFE also needs to strategy and planning..there is no skip route to success...everything needs to planning..

i do think so..do u think so??

So, its never to late to change...If before this we never have a vision or goal in our life, START now guys.... we are in a learning process called life...so, never give up and always be strongggg k....ok, till then...wassalam

START OUR VISION AND MISSION  NOW!!

may ALLAH bless us~~