Strategic Management as a Key to Educating the New Aviation Professional

This paper discusses the differences and similarities between management and strategic management and a framework for the aviation strategic management process is also proposed. The steps of the aviation strategic management process include: (1) scanning the aviation environment; (2) analyzing the aviation organization; (3) formulating the corporate strategy; (4) formulating the business strategy; and (5) implementing the corporate and business strategies through the formulation of functional strategies. The paper argues that knowledge of strategic management principles along the above mentioned process can help aviation organizations, just like organizations in other industries to achieve high strategic and financial performance and develop a clear understanding of industry competitive dynamics. Aviation Strategic Management as a course of study can significantly enrich the educational experience of students in aviation programs and mold them into competent aviation professionals as it provides an effective way to synthesize technical information and apply this information on everyday industry issues. The authors propose that strategic management can and should be an inextricable piece in aviation curricula, both at the graduate and undergraduate levels and can be used as an excellent theoretical foundation for aviation capstone courses.

• Corporate Authors:

  Transportation Research Forum

  P.O. Box 5074
  Fargo, ND  United States  58105
• Authors:
  • Dostaler, Isabelle
  • Flouris, Triant
• Conference:
  • Transportation Research Forum, 48th Annual Forum: 2007
  • Location: Boston University, Boston Massachusettes, United States
  • Date: 2007-3-15 to 2007-3-17
• Publication Date: 2007

Language

• English

Media Info

• Media Type: Print
• Features: References;
• Pagination: 15p
• Monograph Title: Transportation Research Forum, 48th Annual Forum

Subject/Index Terms

• TRT Terms: Air transportation; Air transportation policy; Aviation; Competition; Management; Personnel; Strategic alliances; Strategic planning; Training
• Subject Areas: Administration and Management; Aviation; Education and Training; Society;

Filing Info

• Accession Number: 01079444
• Record Type: Publication
• Files: TRIS
• Created Date: Oct 22 2007 10:14AM