Introduction
Strategic management is contemplated as the indispensable segment that delineates monitoring,
and ongoing planning. The fundamental concept of strategic management showcases a
consequential role to pursue the effectiveness and deploying organizational strategies in order
to apparatus management strategies. The major concern of strategic management is to maintain
strategic planning that is beneficial to determining the strategic direction of organizations like
Heartsong LLC. Aside from this, strategic management also depicts a major role to analyse
competitors’ actions in order to get competitive advantages. Understanding, and identifying
organizational goals is another major concern of strategic management.
Organizational Overview: Heartsong LLC is considered a “designer and manufacturer of
replacement heart valves” (refer to the case study). The manufacturer and designer
organization buildup a worldwide reputation that dispenses leading-edge, and high-quality
artificial heart valves. Heartsong tends to develop and grow its operations rapidly. The overall
growth of the business of the firm relies on its production capacity and the ability to manage