PPA 265 exam 2 mayhew jmu| Ques ons and answers |
Updated RATED A+ 2026
strategic management
Integra ve management field that combines analysis, formula on, and implementa on in the
quest for compe ve advantage
- long term thinking and the integra on of strategic planning in all management systems
- Understanding external market opportuni es
and challenges while crea ng service delivery
systems to address the needs and interests of
mul ple stakeholders
strategic planning
- Formalized process by which an organiza on makes a study of its vision for the future
- a set of concepts, procedures, and tools designed to help leaders, managers, and planners
think and act strategically
what does a strategy entail?
- execu ve leadership
- incremental adjustments
- ar cula on and dissemina on of vision
- alignment
what is the purpose for strategic management?
Management focus that accounts for changes in the environment & the organiza ons placed
w/in it
•Technology
•Markets for services
•Funding sources
•Compe on
Both internal & external
, what are the 4 principles of strategic management?
- concern with long-term
- integra ng goals/objec ves into a coherent hierarchy
- the process is not self-implemen ng
- external perspec ve
- aware of poli cal authority
pros of strategic management
- implementa on and organiza onal culture
cons of strategic management
- mission and goals for public organiza ons
- rigidly applied
- bias against crea vity and innova on
- public context
- accountability
- se,ng of objec ves
pros of strategic planning
- proac ve rather than reac ve
- addresses "real" problems and forces them to be considered
- formal mandate
- builds rela onships
- increases knowledge of organiza onal ac vi es
- broad focus
cons of strategic planning
- a lot of money
- me
- possible conflict w/in organiza on
- issues with authority
first steps of a strategic plan
mission statement and vision statement
mission statement
Updated RATED A+ 2026
strategic management
Integra ve management field that combines analysis, formula on, and implementa on in the
quest for compe ve advantage
- long term thinking and the integra on of strategic planning in all management systems
- Understanding external market opportuni es
and challenges while crea ng service delivery
systems to address the needs and interests of
mul ple stakeholders
strategic planning
- Formalized process by which an organiza on makes a study of its vision for the future
- a set of concepts, procedures, and tools designed to help leaders, managers, and planners
think and act strategically
what does a strategy entail?
- execu ve leadership
- incremental adjustments
- ar cula on and dissemina on of vision
- alignment
what is the purpose for strategic management?
Management focus that accounts for changes in the environment & the organiza ons placed
w/in it
•Technology
•Markets for services
•Funding sources
•Compe on
Both internal & external
, what are the 4 principles of strategic management?
- concern with long-term
- integra ng goals/objec ves into a coherent hierarchy
- the process is not self-implemen ng
- external perspec ve
- aware of poli cal authority
pros of strategic management
- implementa on and organiza onal culture
cons of strategic management
- mission and goals for public organiza ons
- rigidly applied
- bias against crea vity and innova on
- public context
- accountability
- se,ng of objec ves
pros of strategic planning
- proac ve rather than reac ve
- addresses "real" problems and forces them to be considered
- formal mandate
- builds rela onships
- increases knowledge of organiza onal ac vi es
- broad focus
cons of strategic planning
- a lot of money
- me
- possible conflict w/in organiza on
- issues with authority
first steps of a strategic plan
mission statement and vision statement
mission statement
