Reviewed by Julius MansaFact checked by Yarilet PerezReviewed by Julius MansaFact checked by Yarilet Perez Strategic management evaluates and may reorganize company resources to achieve new goals and ...

Strategic planning refers to what a business wants to do, while strategic management refers to how it's going to do it, explains management strategist Deron King of business consulting firm WIPFLI. A ...

There is a Japanese saying that goes, "When you're dying of thirst, it is too late to think about digging a well." This saying exalts the importance of strategic management to success in any endeavor.