A critical review of the challenges and limitations of strategic management literature

Introduction 3
1. History of strategic management concepts 3
2. Strategy 4
3. Strategy management 6
Conclusion 11
Introduction
High competitive environment, rapid change in production technologies, scientific and technological progress require mobility and strategic thinking from managers. The solution to this urgent problem is possible only through creating an effective strategic management system that will allow determine the priority direction of the development of enterprises, maximize their potential, and skillfully implement the developed strategy.
An organization is usually created for a specific purpose, and this goal determines the principles of its existence and development. All work performed by both ordinary employees of the organization and its managers should be focused on achieving this specific goal, and it should balance the internal resources and the external environment of the company so that the purpose is achieved in the expected reasonable time.
Strategic managem...

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