This is a well known concept that was developed in the 1950?s. Since then, it has evolved and being enriched. It is the process of specifying the organization's mission
and objectives, developing policies and plans, often in terms of projects and programs, which are designed to achieve these objectives, and then allocating resources to implement the policies and plans, projects and programs. A balanced scorecard
is often used to evaluate the overall performance of the business
and its progress towards objectives.
At OWG we have enhanced strategic management by integrating it to the dynamics of the corporation. This integration uses monitoring systems which provides early warnings when there are lurking factors that may negatively affect business performance