Strategic Management Framework for Navigating Complexity and Driving Innovation for Catalyzing Sustainable Success

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Akapo Oluwaseun Michael , Asunmo Olakunle Olayide

Abstract

This study encapsulates the intersection of sustainability, innovation, digital transformation, and globalization within the realm of strategic management. It emphasizes the importance of integrating environmental and social responsibility with cutting-edge technological advancements and the challenges posed by a rapidly interconnected global landscape. The synthesis suggests a holistic approach to strategic management that embraces sustainability as a driver of innovation and resilience, leveraging digital tools and strategies to create value in a globalized world. To thrive in this dynamic environment and achieve sustainable success, organizations must adopt a strategic management framework that enables them to navigate complexity effectively and drive innovation. This abstract presents key insights and recommendations derived from a comprehensive study on catalyzing sustainable success through strategic management. The study explores essential components of the strategic management framework, including agility, innovation, customer-centricity, ecosystem collaboration, regulatory compliance, and sustainability. Drawing upon real world examples and case studies, the study highlights practical strategies and best practices for organizations seeking to navigate complexity, drive innovation, and achieve long-term viability. By embracing agility, fostering a culture of innovation, prioritizing customer-centricity, forging strategic partnerships, proactively addressing regulatory compliance, and integrating sustainability into business practices, organizations can position themselves for sustainable success in today's competitive marketplace. This abstract offers valuable insights into the practical application of strategic management principles and their implications for organizations striving to thrive in an increasingly interconnected and uncertain world.

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