STRATEGIC MANAGEMENT FOR ECONOMIC GROWTH: PRACTICAL APPROACHES AND IMPROVEMENTS

Abstract

This article analyzes the role and structural significance of strategic management in driving modern economic
development from both scientific-theoretical and practical perspectives. While traditional approaches often examine
corporate strategy in isolation, this study addresses this gap by evaluating strategic planning, the formation of competitive
advantages, and long-term sustainable growth as key macroeconomic drivers. Using a systematic approach, comparative
analysis, and statistical evaluation of a multinational enterprise operating within an emerging economy, the research
provides empirical evidence of how optimized management frameworks generate broader economic spillover effects.
The findings demonstrate that effective strategic management not only enhances enterprise competitiveness but also
significantly strengthens local supply chains and improves resource utilization efficiency. Ultimately, the paper offers
practical, data-driven recommendations aimed at improving strategic management systems to support sustainable
economic growth.