Master the essentials of Strategic Management with comprehensive notes and insights. Designed for AKTU MBA students, explore frameworks, case studies, and strategies to achieve academic excellence.
Explore the concept of a strategic audit: learn the guidelines for conducting one and discover the key benefits it brings to evaluating and enhancing a corporation’s performance and strategy.
Learn about the common problems in measuring performance and discover essential guidelines for establishing effective control mechanisms to ensure accurate assessment and continuous improvement.
Explore benchmarking: understand its key concept, various types, common challenges, and the step-by-step process that helps businesses improve performance by comparing with industry standards.
Learn about responsibility centers: explore the different types, their practical uses in organizations, and the challenges faced in managing and measuring performance effectively.
Balanced Scorecard approach: a comprehensive framework to measure key performance, aligning financial, customer, internal processes, and learning metrics for business success.
Primary measures of corporate performance: understand key metrics like profitability, productivity, and growth, and learn why they are vital for business
Enterprise Risk Management: explore key concepts and the framework that helps organizations identify, assess, and manage risks to achieve their objectives
Explore activity-based costing: understand its key concepts, learn the steps involved in implementation, and see real-world examples
What control means in business: explore the different types of organizational control, from strategic to operational and how they help ensure effective management
About the strategy evaluation and control process: understand its definition and key steps to ensure effective implementation and continuous improvement