What is strategy, strategic management and strategic HRM ? Explain the characteristics of strategic management.
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A method or plan chosen to bring about a desired future, such as achievement of a goal or solution to a problem. 2. The art and science of planning and marshalling resources for their most efficient and effective use.
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➡ Strategy is a high level plan to achieve one or more goals under conditions of uncertainty. In the sense of the "art of the general," which included several subsets of skills including tactics, siegecraft.
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