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Assessment of Strategic Management Practices

The case of EIC

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Erschienen am 01.09.2018
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ISBN/EAN: 9786139902699
Sprache: Englisch
Umfang: 96
Auflage: 1. Auflage

Beschreibung

The most critical challenge facing most organizations today is coping up & dealing with a saturated market where there are many competitors & empowered & informed customers. Insurance companies besides the dynamism are highly vulnerable to challenges with high failure rate as they bear the risks inherent in their operation & the risks transferred to them by way of insurance. Insurance companies should they succeed in the business environment should have a sound strategic management system in place. Strategic management as a series of decisions to determine long term objectives includes the phases of environmental scanning, strategy formulation, strategy implementation and monitoring & evaluation. EIC, the leading insurance service provider in Ethiopia is one of the organizations applying strategic management. Under this book, assessment of strategic management practices of the Coporation has been conducted. Both qubtitative and qulaitative data has been employed for undertaking the assessment. The book is organized into five chapters.

Autorenportrait

Amelework Mekonnen is Senior Risk Management Officer at the Ethiopian Insurance Corporation. She has previously worked as Product Development & Pricing officer at the same organization. She has ALMI Certificate from LOMA, MBA from St Mary's University & LLB from Addis Ababa University. She is interested in the areas of Risk Management & Compliance.

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