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Stage 1: Developing a Strategic Vision
Strategic vision is the future of the company‟s products, services, market, customer and technology. These are focused to improve its current market position and its future prospect.
It must be determine the proper directional path the company and should take changes in the company‟s product and services.
Strategic manager in company carefully draw and reasoned to make conclusions about how to try to modify the company‟s business and market position in business.
Top management‟s views and conclusions about the company‟s attribute towards the products, services, customer, market and technology, these are focusing and constitute a strategic vision for the company.
A strategic vision defines management aims and aspirations for the business and points an organizing in a particular direction path towards the strategic path for identifying the current trends and estimation of the future trends towards the company‟s business.
Well and clear defined strategic vision ready to communicates management „s aspirations to stake holders and it helps to guide and encourage energies of company personnel in a common direction.
https://itunes.apple.com/gb/book/corporate-strategy-formulation/id552917554?mt=11
http://www.amazon.com/CORPORATE-STRATEGY-ebook/dp/B004AM5NTC
https://ebookstore.sony.com/ebook/b-hiriyappa/strategic-management-and-business-policy/_/R-400000000000001015475
Strategic vision is the future of the company‟s products, services, market, customer and technology. These are focused to improve its current market position and its future prospect.
It must be determine the proper directional path the company and should take changes in the company‟s product and services.
Strategic manager in company carefully draw and reasoned to make conclusions about how to try to modify the company‟s business and market position in business.
Top management‟s views and conclusions about the company‟s attribute towards the products, services, customer, market and technology, these are focusing and constitute a strategic vision for the company.
A strategic vision defines management aims and aspirations for the business and points an organizing in a particular direction path towards the strategic path for identifying the current trends and estimation of the future trends towards the company‟s business.
Well and clear defined strategic vision ready to communicates management „s aspirations to stake holders and it helps to guide and encourage energies of company personnel in a common direction.
https://itunes.apple.com/gb/book/corporate-strategy-formulation/id552917554?mt=11
http://www.amazon.com/CORPORATE-STRATEGY-ebook/dp/B004AM5NTC
https://ebookstore.sony.com/ebook/b-hiriyappa/strategic-management-and-business-policy/_/R-400000000000001015475
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