Discuss how the material you have learned in this course can be applied to creating a strategic plan for your life, personal goals, professional career, etc. What would that plan entail? Would you need to conduct a SWOT analysis or perform an environmental scan? Describe how you can apply strategic management principles to your personal plan
Discuss how the material you have learned in this course can be applied to creating a strategic plan for your life, personal goals, professional career, etc. What would that plan entail? Would you need to conduct a SWOT analysis or perform an environmental scan? Describe how you can apply strategic management principles to your personal plan.
Strategic management:
It provides the view of objective oriented approach with the use of three specific components are -
- Environmental scanning,
- Strategy formulation and
- Implementation and strategy evaluation.
Strategic management principles to your personal plan:
When strategic management principles are use in personal plan like planning for career, planning for social life, Financial stability, marriage, children education, retirement. etc. it provides more focused, calculate, conscious planning approach to achieve personal goal. this will help in identify what's most important in our and what success wants to achieve.
Personal plan would entail: -
To analyze the goal and objective want to achieve in personal life, like as a student - main goal to get maximum score in exams. or as a working professional plan to make success in job in terms of salary, image, social status, brought car, house. etc.
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