Strategic Financial Management & Design

Coach: Syed Sarmad Hasan

 Strategy…Strategic
Strategic Management
a set of managerial decisions and actions that
determines the long-run performance of a
corporation
 Management
• Drucker. “Management is the art of getting
things done through the other peoples”. —
Mary Parker Follett. “Management may be
defined as the art of applying economic
principles that underline control of men and
materials in enterprise under consideration”.
— Kimball and Kimball.
SM Steps
SM Model
Environmental Variables
 Sapphire Mission
Our mission is to be recognized as premier
supplier to the markets we serve by providing
quality yarns, fabric and other textile products
to satisfy the needs of our customer
Our mission will be accomplished through
excellence in customer service, sales and
manufacturing supported by teamwork of all
associates
 Benefits of SM
• The attainment of an appropriate match, or
“fit,” between an organization’s environment
and its strategy, structure and processes has
positive effects on the organization’s
performance.
• Strategic planning becomes increasingly
important as the environment becomes more
unstable.
 Benefits – Cont.
• Clearer sense of strategic vision for the firm
• Sharper focus on what is strategically
important
• Improved understanding of a rapidly changing
environment