The perceived quality of strategic management within a private organisation in Ekurrhuleni district

Abstract

In today's fast-paced business world, strategic management plays a crucial role in keeping businesses ahead of the competition. However, there is little research on how private organisations perceive the quality of their strategic practices, tools, and decisions. To fill this gap, the researcher conducted a study analysing the strategic management quality of a private organisation in Ekurhuleni. Findings were made that high-quality strategic decisionmaking processes and tools are essential for small business stakeholders. It is crucial for business leaders and decision-makers to understand the importance of implementing comprehensive, quality strategic management practices to improve their organisation's strategic practices and gain a better understanding of the correlation between strategic management and instruments and decisions of strategic practices. These results demonstrate the need for private small businesses to develop strategic frameworks that prioritize long-term planning, realistic objectives, and identifying challenges and opportunities to sustain their existence. This study investigated the perceived quality of strategic management in a private organisation for practical and academic purposes and the findings are consistent that high level perceptions of strategic practices and related concepts are valued by stakeholders, even in small private organisations.