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Asked by Ritesh on :Feb. 27, 2018

Developing annual objectives & short-term str…

Developing annual objectives & short-term strategies that are compatible with the selected set …

Developing annual objectives & short-term strategies that are compatible with the selected set of long-term objectives are one of the major task of strategic management. Is it correct ?

0

Jeeba Mar. 08, 2018

Yes, it is correct.

Strategic decisions are formulated focusing the long term objectives of the organisation. So we can say that strategies are future oriented.

Without bifurcating grand strategies and long-term objectives into annual objectives and short-term strategies, implementation of the strategies is not possible. Dividing objectives, into annual plans help to move forward in a systematic manner.

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