Strategic Management: A Dynamic Perspective

Strategic Management: A Dynamic Perspective refers to the process organizations use to adapt their goals and actions in response to changing environments. It emphasizes not just planning for the future, but also being flexible and responsive as circumstances shift, such as market trends, competition, and technology. This approach recognizes that businesses must continuously evaluate their strategies and make adjustments to stay relevant and successful. By focusing on adaptability, organizations can better navigate uncertainties and capitalize on new opportunities, ensuring long-term growth and sustainability.