Figure 2.5: The three traditional poles of a strategic plan
Senior Management
Environment Resource
Source: Adapted from Aktouf (1996) Traditional manager and beyond Paris:
Morin publication page 91.
Mode of Strategic Management
In the descriptive and prescriptive management texts, strategic management
appears as a cycle in which several activities follow and feed upon one
another. The strategic management process is typically broken down into five
steps:
- Mission and goals
- Environmental analysis
- Strategy formulation
- Strategy implementation
- Strategy evaluation.