How often should strategic management activities be performed anually or quarterly?
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The full strategic planning process should be conducted at least once every three years. As noted above, these activities should be conducted every year if the organization is experiencing tremendous change.....
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The strategic management activities are performed annually.
Explanation:
- The strategic planning process should be conducted annually and every year the plans and actions and activities should be updated.
- The strategic management activities are initiated for planning and strategizing for the future on issues that are critical and are central to the business organization.
- It is used for determining the goals and objectives annually that relate to the organization's long term objectives.
- These could performance evaluating mechanisms or could be instruments for monitoring the progress for the long term objectives of the company.
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