Different Type of Strategists in a Business Organisation
Individuals or groups who are involved in the formulation, implementation, and evaluation of strategy are called strategists. There are various kinds of strategists in an organization.
Here are the different type of strategists in a business organization.
· Board of directors – They are the owners of an organization like the shareholders, controlling agencies, financial institutions etc.
· Chief Executive Officer – The CEO is answerable for all aspects of strategic management starting from the formulation to evaluation.
· Entrepreneurs – These are the strategists who start a new business and are implementers and evaluators of strategies.
· Senior Management – They include managers at the highest level managerial hierarchy and look after renovation, the progression of technology, etc.
· SBU level executives – They are profit center heads or divisional heads who manage a diversified company as a portfolio of businesses.
· Corporate planning staff – They play a supporting role and put in order and communicate strategic plans.
· Consultants – These are individuals, academicians or consultancy companies who are specialized in strategic management activities.
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