STRATEGIC MANAGEMENT PRACTICES: A REVIEW OF GLOBAL TRENDS

Abstract

This paper presents a comprehensive review of strategic management practices, highlighting the evolving global trends shaping organizational decision-making and competitive advantage. It explores how companies across different industries and regions adopt various strategic frameworks to respond to dynamic market environments, technological advancements, and globalization. Key themes include the integration of digital transformation, sustainability considerations, innovation management, and agile strategic planning. The review also examines the role of leadership in steering strategic initiatives and the increasing emphasis on data-driven strategies. By synthesizing recent literature and case studies, this study provides valuable insights for practitioners and academics seeking to understand contemporary strategic management dynamics and future directions.