The chapter suggests that a definition of strategic management includes four components: Developing a strategic vision and

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The chapter suggests that a definition of strategic management includes four components:

  1. Developing a strategic vision and sense of mission
  2. Formulating, implementing, and evaluating
  3. Cross-functional decisions
  4. Achieving its objectives


Discuss how each of these three sub-elements is important to understanding the challenge of strategic project management. How do projects serve to allow an organization to realize each of these three components of strategic management?

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