. . ... Strategic Management Strategic management is a set of management decisions and actions that determines the long-run performance of a.... STRATEGIC MANAGEMENT What is Strategic Management? Strategic management is the set of managerial decision and action that determines the long-run.... Strategic Management. GM . Dr. Lindle Hatton. CANOE THEORY. Think of your organization as a long canoe The canoe has a destination.... This definition also suggests that strategic management comprises three key components, namely, strategy formulation, strategy implementation and strategy.... Sometimes the term strategic management is used to refer to strategy formulation, implementation, and evaluation, with strategic planning referring only to.... In this paper we examine the impact various compensation programs have upon business-level strategy for technology-intensive firms.. Strategic management is about managing the future, and effective strategy formulation is crucial, as it directs the attention and actions o