Thursday, November 21, 2019
Strategic management Assignment Example | Topics and Well Written Essays - 750 words
Strategic management - Assignment Example anagement since its emergence in the 1950s, strategic management has been appreciated in the modern organizations as a critical strategy to attaining sustainable competitive advantage. Similarly, research in the field has been abundant though a majority of these research studies focus on the Western context. In this paper, Elbanna (2013) seeks to explore strategic management in the context of Arab Middle East economy. This researcher chooses to focus on public organizations in UAE to evaluate the characteristics, development, planning and evaluation of strategic planning, including the success factors. Abu Dhabi and Dubai are the selected samples because these two host most of the federal organizations; local organizations in the emirates are required to have strategic plans; and over 66% of the UAE population live in these two emirates. The results which consistently exhibited minimal disparity between the federal and local organizations give evidence of widespread strategic managem ent practices in UAE public sector, including the planning, development, implementation and evaluation. Even with this success, the researcher observes gaps in the approach in UAE. Thus, the article concludes by giving the authorââ¬â¢s recommendations on how to fill the gaps so that the public sector in UAE would realize the full benefits from strategic management. It would be deduced from this article that strategic management has been widely adopted among UAE public organizations despite little research on the same in the given context. This being among the few articles on the UAE context, Elbanna (2013) indicates that UAE public organizations appreciate the importance of strategic management even with the policy directive requiring public organizations to update their strategic plans. With both federal and local governments exhibiting positive attitude towards strategic management, it would be useful for this to be fostered as it would ensure effective implementation of strategic
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