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Process of Strategic Management as a Tool of Management in Turbulence Time

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F26867184%3A_____%2F21%3AN0000007" target="_blank" >RIV/26867184:_____/21:N0000007 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Process of Strategic Management as a Tool of Management in Turbulence Time

  • Original language description

    The paper views the process of strategic management as one of the key tools of a top manager in managing an organization in a period of turbulent changes. Strategic management can be understood as a process where the top manager defines the goals of the organization as a whole and formulates and subsequently implements a strategy to achieve the declared goal. The priority is to make full use of the organization's resources and at the same time make the most of market opportunities. The purpose of strategic management is to eliminate the risks of strategic traps and bring the organization into a situation in which it can anticipate changes, respond to them, induce changes, and use them to its advantage. The method of the systematic literature review systematizes and subsequently integrates selected models of the strategic management process. The result of the paper is the construction of such a model of the strategic management process, which best reflects the current problems of the turbulent environment.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    50204 - Business and management

Result continuities

  • Project

  • Continuities

    N - Vyzkumna aktivita podporovana z neverejnych zdroju

Others

  • Publication year

    2021

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    International Days of Science 2021 proceedings

  • ISBN

    9788074550973

  • ISSN

  • e-ISSN

  • Number of pages

    8

  • Pages from-to

    109-116

  • Publisher name

    Moravian Business College Olomouc

  • Place of publication

    Olomouc

  • Event location

    Olomouc

  • Event date

    Jan 1, 2021

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article