Supply Chain Finance
Strategic Management refers to the process by which an organization formulates, implements and evaluates its strategic initiatives and decisions to achieve its goals and objectives. It involves analyzing the external environment, assessing the organization's resources and capabilities, setting priorities, allocating resources, and coordinating activities across different functions of the business such as supply chain management and corporate governance. Strategic Management is concerned with creating and sustaining competitive advantage for the organization in the long run by aligning its strategy with its mission, vision and values. It requires a systematic approach and continuous learning to adapt to changing market conditions and to capitalize on emerging opportunities.