Defining strategic management has never been easy. I recently confronted this problem again while teaching two courses on strategic management this past summer. I have taught strategic management many ...

When middle managers participate in the strategic planning process, organizational performance usually improves. Higher-quality decisions result when both senior and middle managers, instead of only ...

The phrase "strategic management" is sometimes used as a synonym for "strategy," but the two terms are not actually the same. A company's strategy is its plan for victory in competition with other ...