Respond to the following in a minimum of 175 words:
The strategic management process is key to the leadership of a
company. Discuss what is involved in the leadership of this process
and how it differs from the day-to-day management of the company.
· Why is strategic planning important to the organization? What makes it strategic?
How does strategic planning help the organization? Give current event examples
or examples from actual, real-life situations.
· What legal issues do companies face when creating a strategic plan? What effects do
legal issues have on a company’s strategic planning process? Discuss in
terms of local, national, & global compliance strategies.