Discuss how Strategic Management concept are applied in any organization.
Strategic Management concept can apply to Semiconductor supply chain. The extension of pandemic lockdown at China was hurting supply chains in worldwide industries. Using strategic formulation, international semiconductor companies generating alternative strategies to qualify manufacturing factories at south east asia as 2nd source to supply in parallel to what had been setup at China for the past 20 years. The strategy implementation and evaluation will be carried out by functional team working closely with the outsource factories.