In essence, the strategic plan is a company’s game plan.Leaders can’t leave growth to chance. They should have a Strategy for growing as well as for applying new knowledge faster than their competitors. A Strategic leader (SL) needs to develop concrete plans to help the organization accomplish its goal. As per Prof Porter astrategic leader need to continuous create unique and valuable position for its firms and product and servicesby involving a different set of firms activities and making trade-offs in competingcreating fit among a company’s activities.
SL need to in real time deliberateas, where are we now? Where do we want to go? And How are we going to get there? These three questions help the firm develop profitability and profit growth thus increasing stakeholders and shareholders value. A SL need to create value and capture value through Adapting to change in external trends, internal capabilities, and resources and Effectively formulating, implementing &evaluating strategies.
Sr Executives from organisation and entrepreneurs
Management Development Programmes (MDP) Office
Indian Institute of Management Indore
Prabandh Shikhar, Rau-Pithampur Road
Indore 453556, Madhya Pradesh, INDIA
Email : mdp@iimidr.ac.in
Tel. : +91-731-2439750, 2439752, 2439753, 24397544
Fax : +91-731-2439800