The Mintzberg Process of Strategic Management

The Mintzberg Process of Strategic Management describes how organizations develop their strategies through five interconnected activities: 1. **Strategy Formation:** Crafting plans to meet goals. 2. **Strategy Planning:** Formalizing and documenting these plans. 3. **Strategy Implementation:** Putting plans into action. 4. **Strategy Evaluation:** Assessing progress and outcomes. 5. **Strategic Thinking:** Continually analyzing the environment to adapt strategies. It highlights that strategy isn’t a one-time event but a dynamic, ongoing process involving deliberate planning and flexibility, shaped by real-world insights and organizational learning.