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The focus and title of this assignment report is: Strategic Management: an organisational process aimed at developing and executing the business strategy to maximise stakeholder

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The focus and title of this assignment report is: \"Strategic Management: an organisational process aimed at developing and executing the business strategy to maximise stakeholder value creation\" An introduction that guides the reader to what the report is about and what it will present. [approx. 50-100 words). The body of the report, fully referenced with credible academic sources, with subheadings as appropriate, should address the strategic management concepts and issues, and: Define and explain strategy, its purpose and the components of the strategic management process (approx. 100 waords). Explain what types of organisations might benefit from conducting the strategic management process, and why {approx. 100 words). Explain the differences between the 1/0 and REV models in guiding what an organisation should do to earn above- average returns [approx. 110 words). * Discuss the relationship between strategy, vision-mission and the stakeholders of the organisation [approx 120 waords). ldentify the input information necessary for conducting external strategic analyses and explain the types and purpose of such analyses (approx. 120 words). Explain the significance of understanding the internal organisation in the context of its general and industry environments [approx 100 words). Discuss the value of conducting strategic analysis towards formulating the strategic intent and action of the organisation, embodied in the generic business strategy of the organisation. (approx. 150 words). Conclusion Conclude with statements of key takeaway points of the preceding discussion that explain the importance for Managers to understand strategy and the strategic management process for their organisation. (approx. 100 words)

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