The success of organizations is dependent on the extent to which they able to establish a strategic plan that meets its needs and objectives. Every institution has goals, missions and goals that it seeks to adhere strictly to as a consequence remaining relevant in their particular jurisdictions. Strategic management aids an organization in planning and defining approaches that should be employed in ensuring success. Inappropriate management is occasioned by the failure by the management of respective organizations to institute proper management practices that can steer the firm through a positive path towards achieving the predetermined objectives.
