The perceived quality of strategic management within a private organisation in Ekurhuleni district
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Authors
Moller, Petrus Jacobus Lodewikus
Issue Date
2023-11-30
Type
Dissertation
Language
en
Keywords
Strategic management , Strategic decision making , Small private organisations , Strategic management tools
Alternative Title
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.