Question: Write a personal response to the following: Organizations require a dual focus: a long term vision and efficient immediate operations. Day-to-day management centers on execution,

Write a personal response to the following: Organizations require a dual focus: a long term vision and efficient immediate operations. Day-to-day management centers on execution, involving the efficient allocation of resources, oversight of tasks, and ensuring a smooth operational flow to meet current objectives. This approach is largely reactive, addressing immediate issues and maintaining stability (Kotler & Keller, 2016). Strategic management, conversely, prioritizes direction. It entails analyzing the external environment, establishing an organization's purpose and future aspirations, setting long-term goals, and developing plans to achieve them. This process is proactive, anticipating future trends and positioning the organization for success (Porter, 2008). A robust strategic management process fosters a competitive advantage by facilitating well-informed decisions regarding market positioning, innovation, and resource distribution. By anticipating changes and adapting proactively, companies can gain an edge over competitors. Integrating corporate social responsibility (CSR) into strategic management further strengthens this advantage. Consumers increasingly support ethical businesses. A genuine commitment to CSR, demonstrably embedded within strategy, enhances brand reputation, attracts skilled employees, and cultivates customer loyalty - all contributing to a sustainable competitive advantage (Kotler & Keller, 2016). References Kotler, P., & Keller, K. L. (2016). Marketing management (15th ed.). Pearson Education. Porter, M. E. (2008)

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