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STRATEGIC MANAGEMENT

IMPORTANCE OF THE SERVICE

Introduction of Strategic Management Service generally enhance the following strengths
to the organization:

  • Attention is focused on the long-term future of the business rather than getting bogged down in short-term problems.
  • Activities of various sections of the business are coordinated.
  • Each manager will know what the organization is aiming to achieve and will have criteria for evaluating various courses of action.

  

    STRATEGIC MANAGEMENT SERVICES IN DIAGRAM

 

PROCEDURES & OUTCOMES OF THE SERVICES

 SERVICES  PROCEDURES & OUTCOMES
ESTABLSIHING
STRATEGIC
PLANNING
PROCEDURE

PROCEDURES
 Developing Strategic Vision and Mission.
 Setting a long term objective with SWOT Analysis.
 CSFs Analysis
 KPIs determining
 Value chain Analysis
 Crafting a suitable strategy with defined strategic plan.
 Monitoring the proper execution of plans by evaluating the
performance.
 Above all the procedures shall be done with direct co-
ordination of relevant departments. 

OUTCOMES
Only proper execution of plan shall add the value of the organization
as follows:
 It will help the organization to a steady and smooth growth.
 Way of the business shall be defined and any shortfalls of the core
competence shall be identified

STRATEGY AND
COMPETITIVE
ADVANTAGE
 PROCEDURES

 Selecting suitable competitive strategy.
 Implementing the selected competitive strategy.
 Revamping the value chain to find effective cost control.

OUTCOMES
It will help
 to overcome the rivals
 to gain market shares
 to ensure the growth of the organization.

BUDGET &
BUDGETERY
CONTROL
 PROCEDURES

 Preparing periodic budget including long term capital budget
 Forecasting financial performance
 Evaluating budget variance periodically.

OUTCOMES
It will help to achieve the goal and to evaluate the actual performance.

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Our Address

Escrow Ltd.
142/B, Green road (3rd Floor)
Dhaka-1215, Bangladesh
Phone: +88 02 9116183

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