It is difficult to approach a subject in controlled border lines; often we mar the essence of a subject. The academic boards end up doing a tattered job while concluding syllabi. Education is interdisciplinary in nature. When it comes to Management Studies, it is much more complex in nature. One such subject is Strategic management which revolves around organization’s resources to achieve its goals and objectives. Strategic management involves setting objectives, analyzing the competitive environment, analyzing the internal organization, evaluating strategies and ensuring that management rolls out the strategies across the organization. At its heart, strategic management involves identifying how the organization performs compared to its competitors and recognizing opportunities and threats facing an organization, whether they come from within the organization or from competitors. An organization thrives based upon the internal and external culture, leadership and employee’s moral is very important. Strategic management is divided into several schools of thought. A prescriptive approach to strategic management outlines how strategies should be developed, while a descriptive approach focuses on how strategies should be put into practice. These schools differ over whether strategies are developed through an analytic process in which all threats and opportunities are accounted for, or are more like general guiding principles to be applied.
I have recently authored and published my book on Strategic Management. I have covered the contemporary aspects of volatile markets across the globe, and, as I have mentioned above, my book runs into other interdisciplinary areas. I have tried to maintain academic integrity and honesty. I would like to receive reader’s observations.
