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Strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all”. (Peter Drucker)
“Without a strategy, an organization is like a ship without a rudder, going around in circles. It’s like a tramp; it has no place to go.” (Joel Ross and Michael Kami)
Share your thoughts on the above quotations.
How much do you agree with previous statements? Justify your answer with strategic management processes- Elaborate with a strategic analysis to your answer?
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