Project in the context of

STRATEGIC
MANAGEMENT
 Professional Portfolio
MA. HERMA R. RIO
Education: BSC major in Business Management-La Salle College- Bacolod
BSC major in Accounting- West Negros College- Bacolod
Work Experience: Previous
Fiscal Examiner
Provincial Accounting Office – May 1992 – March 15, 2018
Current
Internal Auditor
Internal Audit Division( Office of the Governor)-March 16, 2018 to Present
We do:
Management Audit
Operations Audit
Reports directly to the Local Chief Executive

OUR REPORTS ARE CONSIDERED CONFIDENTIAL

 STRATEGIC MANAGEMENT
 It is the continuous process that evaluates and
controls projects and programs of the
organization;
 Provides overall direction to do the right thing
for the organization;
 Involves identifying objectives;
 Developing policies and plans to achieve those
objectives;
 Allocating resources to implement the plans;
 Ensure the achievement of goals within a
stipulated period;
 Why Strategic Management is
important?
 Itguides the organization to move in a
specific direction;
 Itattempts to prepare the organization for
future challenges in exploring and reaching
opportunities;
 Itensures long- term survival of the
organization;
 Itassists in the development and growth of
the organization.
 Strategic Management Process
External Analysis
*Opportunities
*Threats

Mission, Vision &

Strategy
Goals of the Strategy Strategy Evaluation &
Organization SWOT Formulation Implementation Control

Internal Analysis
*Strengths
*Weaknesses
 Components of the Strategic
Management Process

1. Identify the Mission, Vision, and

Goals
 Mission : purpose; why the organization exist

 Vision: provides direction; what are you trying to

achieve in the future? It is the end result of a strategic
planning process.

 Goals: Targets or a destination (specific, measurable,

attainable, relevant, timely )
 Components of the Strategic
Management Process

2.Environmental Analysis

 Doing external analysis- focuses on identifying

opportunities and threats.

 Doing internal analysis- focuses on identifying the

strengths and weaknesses
 RISK IDENTIFICATION

EXTERNAL INTERNAL SOURCES

SOURCES
natural
disaster

Internal Audit Manual for LGU

PGNO Internal Audit Manual
DSWD Risk Management Manual
 Components of the Strategic
Management Process
3. Strategy Formulation
 Develop and evaluate strategic alternatives
 Select appropriate strategies for all levels in the
organization to provide relative advantage to the
organization
 Match organizational strength to environmental
opportunities
 Correct weaknesses and guard against threats
 SWOT
 Components of the Strategic
Management Process

4. Strategy Implementation
 Effectively putting organizational structure
and activities to the environment;

 The environment dictates the chosen strategy;

effective strategy implementation requires an
organizational structure matched to its
requirements.
 Components of the Strategic
Management Process

5. Strategy Evaluation and Control

(How effective are the strategies?)
• Measuring performance
• Taking remedial or corrective actions
• Exercising control,
• Recreating strategies.
 Benefits of Strategic Management

 Helps the organization to think about and plan for its

future;
 Continuous monitoring and testing of organizational
activities resulting in greater operational efficiency;
 Prepares the organization to be ready for the future
with optimism;
 Enhanced awareness of threats;
 Identification of opportunities.
 IMPACT OF STRATEGIC
MANAGEMENT IN THE
ORGANIZATION

Adoption of a sound
Strategic Management leads
to high organizational
performance.
 Mission, Vision,
Goals

Strategy Environmental
Evaluation & High Analysis
Control Organizational
Performance

Strategy Strategy
Implementation Formulation-

COMPONENTS OF THE STRATEGIC MANAGEMENT PROCESS