Hierarchical Levels Of Strategy
- Topics:
- Strategy Formulation
- Tags:
- Internet,
- Level,
- Management,
- Strategic Management,
- Strategy
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Overview: Strategy can be formulated at three hierarchical levels viz. corporate level, business unit and functional or departmental level. Strategy is all about competing and surviving as a firm but experts argue that products of an organization compete and not the corporation. The products of an organization are developed by the business units, which are managed by the corporate level. The process helps in contributions from each level of strategic hierarchy to the corporate level. The paper elaborates the three distinct levels of strategic management.
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Format: HTML | Date: Jan 2003 | Pages: 1
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