The ultimate goal of effective strategic management is to achieve and maintain a competitive advantage (David, 2013). Over the past 7 weeks we’ve spent time understanding the fundamentals of strategic management: formulation, implementation and evaluation. As you think over the learnings of the past 7 weeks and the goal of achieving and maintaining a competitive advantage you must also think about effective decision making, which is critical to an organizations success.

In your opinion, what is the single major benefit of using a strategic management approach to decision making? There is really no right or wrong answer, however, please support and justify your answer using APA formatted references.

The ultimate goal of effective strategic management is to achieve and maintain a competitive advantage (David, 2013). Over the past 7 weeks we’ve spent time understanding the fundamentals of strategic management: formulation, implementation and evaluation. As you think over the learnings of the past 7 weeks and the goal of achieving and maintaining a competitive advantage you must also think about effective decision making, which is critical to an organizations success.

In your opinion, what is the single major benefit of using a strategic management approach to decision making? There is really no right or wrong answer, however, please support and justify your answer using APA formatted references.