<p>Right man for the right job will help greatly to formulate strategy.</p><p>&nbsp;</p><p>It paves way to set clear corporate goals and values and allows them to be understood and absorbed before empowering managers to take decisions.</p><p>&nbsp;</p><p>Strategies are vital to make an organization to grow.</p><p>&nbsp;</p><p>Strategic management process consists of determination of mission and objectives of the organization in the light of its unique strength and weaknesses and assessment of opportunities and threats.</p><p>&nbsp;&nbsp;&nbsp;</p><p>In all the concepts of strategy the purposes missions objectives goals and major action plans and policies are emphatically exercised to make it an empire with excellence.</p>
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