Problem
The strategic management process is key to the leadership of a company. Discuss what is involved in the leadership of this process and how it differs from the day-to-day management of the company.
1) Why is strategic planning important to the organization? What makes it strategic? How does strategic planning help the organization? Give current event examples or examples from actual, real-life situations.
2) What legal issues do companies face when creating a strategic plan? What effects do legal issues have on a company's strategic planning process? Discuss in terms of local, national, & global compliance strategies