what does recent research reveal to be the most important co

what does recent research reveal to be the most important component/activity in the strategic management process

Solution

There are different stages in the strategic management process, but the most important component or stage is the evaluation, feedback and control part of the strategic management process. It is due to the reason that strategy is evolving in nature and it needs flexibility and adaptive nature to be successful. A proper attention upon the regular evaluation and feedback analysis, helps the management to modify the strategy and bring necessary changes according to the scenario. It is only possible through the regular channelization of the feedback after the strategy is implemented by the management of the organization.