Long-term Strategic Management System Integration Model (LSMSIM)

Has three stages and eight links of the long-term strategic management system model. Strategic management includes three levels or stages: the formulation of strategic goal, strategic planning, and the implementation and management of strategies, which can be further divided into eight key elements (or links). LSMSIM describes the internal connection between these elements of strategic management and the connotation of establishing a long-term mechanism for strategic management. The first stage is to define strategic goals, and to draw blueprints that not only refine goals but also mobilize the whole society. In fact, the process of define strategic goals must go through the process of future foresight (or future forecast), strategic analysis and strategic selection. The second stage is strategic planning that meets these goals, includes the deployment of key technologies, key projects and soft and hard industries, and the deployment of strategic support system, especially the relevant institutional arrangements and policies. The third stage is strategy implementation and management of: key projects and technologies (including technology transfer and intellectual property management, input-output management of soft/hard capital), capacity building: (tracking, evaluating, feedback and adjusting strategy throughout the whole process of strategy deployment) and the establishment of long-term mechanism to make the strategic management cycle fully institutionalized. Strategic management can be seen is an inseparable chain.