Abstract

Strategic management is a shortto long-term development plan concerning the goals of an enterprise. Formulating appropriate strategic management is of great and far-reaching significance for the current development and sustainable development of the enterprise There is no doubt that the formulation of strategic management is very important. In the new era, under the condition of rapid economic development, the way enterprises formulate strategies and the development of strategic formulation have very important research value. This paper thus examines the characteristics of strategic management and the process of strategic management, the current situation of the development of entrepreneurial enterprises in the new era, and then uses quantitative analysis to analyse the impact of the Midea group on the strategic management of enterprises, puts forward several issues and decisive factors that should be considered for strategic management, and puts forward important implications for the strategic management of entrepreneurial enterprises.

Highlights

  • In the period of rapid economic development, the development of enterprises has been actively leading the transformation and development from the beginning

  • A diversification strategy can improve the ability of enterprises to withstand risks and can help enterprises to develop quickly after a risk and to recover previous levels of development

  • Enterprises should consider the following factors when carrying out strategic management and judge whether the enterprise is suitable for diversification strategy according to its own situation

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Summary

Introduction

In the period of rapid economic development, the development of enterprises has been actively leading the transformation and development from the beginning. Uncertain factors such as the international situation of economic development have brought higher requirements for enterprises. The development of enterprises may be to create culture. He Faith attracts capital and registered company stakeholders to produce products or service sales to earn profits. This is the basis of enterprise development. Consumers are becoming more and more strict in their choices This is definitely a big challenge for companies, and it seems to meet the requirements of the consumer market [1]. The strategic choice environment of enterprises is becoming more and more complex, so it needs a comprehensive and coordinated development to improve their own capabilities, and enhance their own competitiveness. Enterprises can still maintain their core competitiveness and achieve the conclusion of sustainable development [2]

Characteristics and processes of enterprise strategic management
Strategic management analysis
Strategic management options
Implementation of strategic management
Strategic management evaluation
Development background
Globalization background
Competitive increase
Dynamic environmental factors
Promotion of science and technology
Need for social responsibility
Development status
The strategic direction tends to internationalization
Strategic subjects tend to be diversified
The implementation of the strategy tends to be strict
Germination and production
Development and determination
Growth and present
Midea enterprise and strategy
Analysis of profitability
Financial risk analysis
The influence of enterprise strategy on enterprise operation
Wrong judgment of the economic environment
Untimely strategic adjustment
Conclusion
Fully understand their own economic environment
Findings
Timely strategic assessment and strategic adjustment
Full Text
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