Every company that has to remain relevant has to make sure that is more grounded to the use of strategic management for its operation. It is therefore by strategic management that any company be It small or large is able to have a clear picture of what It is supposed to achieve and with what duration of time as stipulated in its plan.
It is also having a top leader such as a CEO that key decisions on strategic management can come from. The person who is given the mantle to head a company as the CEO is supposed to be a very sharp person so that he or she runs the organization according to the environment that the firm is situated. For Any company to fully say that it has hit its targets, a lot of hardwork must be channelled towards these aims.
The company CEO can take part to develop on a strategic plan that will outline the specific mission of a company. Plans are formulated for the various reasons such as coordination and of much importance is to motivate. These opportunities may include cheap skilled labor force.
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