MGMT 210 Week 2 Discussion 1 | Devry University
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- 26 Aug 2021
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MGMT 210 Week 2 Discussion 1 | Devry University
Week
2: Strategic Planning Management Process
Considering the current state of human resource management and
the competitive business environment, managers should examine the role of
strategic planning and focus on its inclusion as an essential aspect of conducting
functions within human resource management and as a matter of helping companies
meet their goals. Let explore this rationale further through the following
discussion questions.
What is meant by the term “strategy”?
What is a strategic plan?
What is a mission statement?
Explain why strategic planning is important to
all managers and describe with examples each of the eight steps in the
strategic management process.