MSG Team's other articles

9171 How to End the Culture of Business As Usual After Instances of Corporate Scandals

The Worrying Decline of Corporate Governance Standards Worldwide Of late, there has been a worrying decline in corporate governance standards leading to the exits of many high profile CEOs (Chief Executive Officers) as well as Directors of Boards from such firms, as well as a breakdown in the compact between the corporates and their stakeholders. […]

12137 Live for Your Customer

Take the case of any organization that is considered to be a global leader or a product leader and you will find that the recipe for success lies in the customer centered culture and approach that has been built up in the Company. The customer orientation is not limited to customer service or the front […]

10299 Integrating Marketing Communication to Build Brand Equity

Marketing programs play an important role in building up of brand equity. These marketing programs are related to product, price and distribution channels. And these programs are necessary to create brand image and also to build brand awareness. This task is done through medium of marketing communication, in its most form is advertising. Marketing communication […]

11274 The Significance and Impact of Corporate Behavior

The corporate behavior tends to have a direct or sometimes an indirect impact on the economic state of the countries and communities they operate in. The very recent examples was the economic crisis in US, Brazil and Asia in 1998 and hard to forget ever continuing financial meltdown of the current times. Any lack or […]

12510 Brand Management Challenges in Changing Times

Last few decades have changed our world beyond recognition. There has been unprecedented progress in all spheres of life. Technology and scientific advancement has played major role affecting all parts of the economy, politics as well as markets. With globalization and opening of markets we see a lot of changes in the way business is […]

Search with tags

  • No tags available.

Strategic decisions are the decisions that are concerned with whole environment in which the firm operates, the entire resources and the people who form the company and the interface between the two.

Characteristics/Features of Strategic Decisions

  1. Strategic decisions have major resource propositions for an organization. These decisions may be concerned with possessing new resources, organizing others or reallocating others.

  2. Strategic decisions deal with harmonizing organizational resource capabilities with the threats and opportunities.

  3. Strategic decisions deal with the range of organizational activities. It is all about what they want the organization to be like and to be about.

  4. Strategic decisions involve a change of major kind since an organization operates in ever-changing environment.

  5. Strategic decisions are complex in nature.

  6. Strategic decisions are at the top most level, are uncertain as they deal with the future, and involve a lot of risk.

  7. Strategic decisions are different from administrative and operational decisions.

    Administrative decisions are routine decisions which help or rather facilitate strategic decisions or operational decisions.

    Operational decisions are technical decisions which help execution of strategic decisions.

    To reduce cost is a strategic decision which is achieved through operational decision of reducing the number of employees and how we carry out these reductions will be administrative decision.

The differences between Strategic, Administrative and Operational decisions can be summarized as follows-

Strategic DecisionsAdministrative DecisionsOperational Decisions
Strategic decisions are long-term decisions.Administrative decisions are taken daily.Operational decisions are not frequently taken.
These are considered where The future planning is concerned.These are short-term based Decisions.These are medium-period based decisions.
Strategic decisions are taken in Accordance with organizational mission and vision.These are taken according to strategic and operational Decisions.These are taken in accordance with strategic and administrative decision.
These are related to overall Counter planning of all Organization.These are related to working of employees in an Organization.These are related to production.
These deal with organizational Growth.These are in welfare of employees working in an organization.These are related to production and factory growth.

Article Written by

MSG Team

An insightful writer passionate about sharing expertise, trends, and tips, dedicated to inspiring and informing readers through engaging and thoughtful content.

Leave a reply

Your email address will not be published. Required fields are marked *

Related Articles

Cutting Costs Strategically

MSG Team

Corporate Governance – Definition, Scope and Benefits

MSG Team

Strategic Management: Core Competency Theory of Strategy

MSG Team