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In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's managers on behalf of stakeholders, based on consideration of resources and an assessment of the internal and external environments in which the organization operates. Strategic management provides overall direction to an enterprise and involves specifying the organization's objectives, developing policies and plans to achieve those objectives, and then allocating resources to implement the plans. Academics and practicing managers have developed numerous models and frameworks to assist in strategic decision-making in the context of complex environments and competitive dynamics. Strategic management is not static in nature; the models can include a feedback loop to monitor execution and to inform the next round of planning.
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Roy D. Shapiro is an American academic. He is the Philip Caldwell Professor of Business Administration Emeritus at the Harvard Business School. He has taught MBA students and corporate executives. He is the co-author or co-editor of five books.
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Leonard A. (Len) Schlesinger is an American author, educator, and business leader. He is currently the Baker Foundation Professor at Harvard Business School and President Emeritus of Babson College where he served as the college's 12th President from 2008 through 2013.
Srikant Datar is an Indian-American economist and the Dean of Harvard Business School. At Harvard, he concurrently serves as the Arthur Lowes Dickinson Professor of Business Administration. In 2021, he was awarded the Padma Shri, the fourth-highest civilian award in India.
Frances Frei is a Professor of Technology and Operations Management and the course lead for first-year diversity and inclusion studies at Harvard Business School. Her research investigates how leaders create the conditions for organizations and individuals to thrive by designing for excellence in strategy, operations, and culture. She regularly advises senior executives embarking on large-scale change initiatives and organizational transformation, including embracing diversity and inclusion as a lever for improved performance.
References
- 1 2 3 "James L. Heskett". Harvard Business School. Retrieved March 19, 2017.
- 1 2 "HARVARD EASING BUSINESS STUDENT WORKLOAD". The New York Times. April 8, 1982. Retrieved March 20, 2017.
- ↑ Kotter, John (February 10, 2011). "Does corporate culture drive financial performance?". Forbes. Retrieved March 20, 2017.
- ↑ "40th anniversary bestselling author: Christopher Bartlett". thecasecentre.org. Archived from the original on 2020-06-18. Retrieved 2020-06-18.
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