The 8 dimensions of strategic management refer to various components or elements that organizations need to consider when developing and implementing their strategic plans. These dimensions help ensure that the organization's strategy is comprehensive and well-rounded. Here are the 8 dimensions of strategic management:

Dr Baqer Al-hardrawi thank you for your contribution to the discussion

8 Dimensions of Strategic Management

Strategic management is the process of developing and implementing strategies to achieve organizational goals. It is a long-term process that involves analyzing the external environment, developing internal capabilities, and formulating and implementing strategies.

The eight dimensions of strategic management are:

Difference Between Managerial and Operational Controls

Managerial and operational controls are two types of internal controls that organizations use to ensure that their goals are being met. Managerial controls are designed to ensure that the organization is on track to achieve its long-term strategic goals. Operational controls are designed to ensure that the organization's day-to-day operations are running efficiently and effectively.

Dr Murtadha Shukur thank you for your contribution to the discussion

Strategic control involves monitoring and adjusting an organization's overall strategy to ensure that it is aligned with its mission and objectives. Operational control, on the other hand, involves the day-to-day management of the organization's operations to ensure they are efficient and effective. Features of the organization that can be aligned include: values, vision, mission, strategic plans, budgets, policies, procedures, functions, themes, objectives, information standards and organization structure. Task or operational control focuses on detailed short-term performance measures whereas management control focuses on higher-level managers and long-term, strategic issues. Operational control involves control over intermediate-term operations and processes but not business strategies. Operational control systems ensure that activities are consistent with established plans. Mid-level management uses operational controls for intermediate-term decisions, typically over one to two years. Strategic management is a continuous process. There are three stages in this process: strategy formulation, strategy implementation, and evaluation and control. Strategy management is also viewed as series of steps. Therefore, the strategic- management process can be best be studied and applied using the model. Any of the three dimensions of strategy value, imitation or perimeter can be the starting point of a strategic initiative. Several sequences of value, imitation and perimeter are possible, and each typifies a strategic development. It supports organizational goals through detailed plans for short-term activities related to a specific department, unit, or function. Strategic planning is long term, typically three to five years. Operational planning is done on the short-term, typically yearly, quarterly, or monthly. The security controls that focus on the management of risk and the management of information system security. The security controls that are primarily implemented and executed by people. Operational control focuses its attention on specific tasks which are performed by organizational units, while management control takes care of functioning of organizational units. Management control is concerned with all activities whereas financial control deals activities having financial implications only.