Important Steps in Strategic Decision Making

This article focus to explain Important Steps in Strategic Decision Making. An institute must have a long term strategy in rest to make sure that it stays a step ahead of its competitors. Selecting a strategy is not a directly advance assessment. It involves a lot of thought procedure before going ahead with a particular strategy. Here briefly discuss some steps in Strategic Decision Making: Problem identification, Seek information, Brainstorming sessions, Choose the best alternative, Implementation and Evaluation.