Paper Details
Strategic Management: Trends and Best Practices
Authors
Dr. Dharmesh Srivastava, Dr. Ranjana Srivastav
Abstract
Strategic management is an essential discipline in business that involves setting and achieving major goals through the evaluation of internal and external environments. As the global market evolves, staying updated with emerging trends and best practices is crucial for maintaining a competitive edge. This paper explores five key trends and best practices shaping the future of strategic management: digital transformation and innovation, sustainability and corporate social responsibility (CSR), agile strategic planning, data-driven decision making, and globalization with cross-cultural competency. Each of these elements plays a vital role in helping organizations adapt to and thrive in complex business landscapes.
Keywords
Strategic Management, Digital Transformation, Innovation, Sustainability
Citation
Strategic Management: Trends and Best Practices. Dr. Dharmesh Srivastava, Dr. Ranjana Srivastav. 2019. IJIRCT, Volume 5, Issue 4. Pages 1-7. https://www.ijirct.org/viewPaper.php?paperId=2409029