this ppt is related to strategic managment strategies used in a business and to boost the production and do the work efficiently. this ppt is usefull for students that are studying bba in 2 nd year

3. STRATEGIC THINKING
Strategic thinking skills are any skills that enable you to use critical
thinking to solve complex problems and plan for the future. These skills
are essential to accomplish business objectives, overcome obstacles, and
address challenges—particularly if they're projected to take weeks, months,
or even years to achieve.

5. Strategic Thinking Skills Include:
1. Analytical skills: To ideate a strategy that helps your organization reach
its objectives, you must be capable of analyzing a variety of inputs—
from financial statements and KPIs, to market conditions, emerging
business trends, and internal resource allocation. This initial analysis is
crucial to creating a strategy that aligns with the current reality facing your
organization.
2. Communication skills: Putting a strategy into place for your company,
regardless of its size, requires solid communication skills. The ability to
communicate complex ideas, collaborate with internal and external
stakeholders, build consensus, and ensure everyone is aligned and
working toward shared goals are all central to strategic thinking.

6. 3. Problem-Solving skills: Strategic planning is often used to solve
problems or address challenges, such as missed financial targets,
inefficient workflows, or an emerging competitor. Implementing a strategy
that addresses the central challenge you face requires you to
first understand the problem and its potential solutions. From there, you
can craft a strategy that solves it.
4. Planning and Management Skills: Strategy isn’t just about thinking of
a solution—it involves implementation, too. Once data has been analyzed,
the problem is understood, and a solution has been identified, you need
strong planning and management skills to bring everything together.

11. STRATEGIC PLANNING
Strategic planning is a process in which an organization's leaders define
their vision for the future and identify their organization's goals and
objectives. The process includes establishing the sequence in which those
goals should be realized so that the organization can reach its stated vision.

19. Elements of Strategic Management:
The strategic management process is made up of four elements: situation
analysis, strategy formulation, strategy implementation, and strategy
evaluation. These elements are steps that are performed, in order, when
developing a new strategic management plan.

20. 1. Situation Analysis
Situation analysis is the first step in the strategic management process. The
situation analysis provides the information necessary to create a company
mission statement. Situation analysis involves scanning and evaluating the
organizational context, the external environment, and the organizational
environment. This analysis can be performed using several techniques.
Observation and communication are two very effective methods.
2. Strategy Formulation
Strategy formulation involves designing and developing the company
strategies. Determining company strengths aids in the formulation of
strategies. Strategy formulation is generally broken down into three
organizational levels: operational, competitive, and corporate.
Operational strategies are short-term and are associated with the various
operational departments of the company, such as human resources, finance,
marketing, and production. These strategies are department specific. For
example, human resource strategies would be concerned with the act of
hiring and training employees with the goal of increasing human capital.

21. 3. Strategy Implementation
Strategy implementation involves putting the strategy into practice. This
includes developing steps, methods, and procedures to execute the strategy.
It also includes determining which strategies should be implemented first.
The strategies should be prioritized based on the seriousness of underlying
issues. The company should first focus on the worst problems, then move
onto the other problems once those have been addressed.
4. Strategy Evaluation:
Strategy evaluation involves examining how the strategy has been
implemented as well as the outcomes of the strategy. This includes
determining whether deadlines have been met, whether the implementation
steps and processes are working correctly, and whether the expected results
have been achieved.

22. STRATEGIC MANAGEMENT: MODEL

23. STRATEGIC DECISION MAKING PROCESS