Understanding Mission and Vision

The first step to any strategic management (or planning) process is defining the Mission and Vision of your organization. So…what does that mean? Very simple: A mission is what you do, your purpose, the reason you exist. A Vision describes what you want to become, how...

Getting Started in Strategic Management

I think I’ve jumped-the-gun a bit with my posts. I realized that I began discussing advanced applications and tools in the Strategic Management process but never actually defined what strategic management is! Strategic Planning is PART OF Strategic Management Every...

Making Rational Decisions (QSPM)

How do we make decisions? Depending on the size of the company or program, that answer tends to be very involved. Turning the question on me, I would reply with a number of different metrics: Cost, Political issues, technical worthiness, and so on… The problem is that...