"Strategic Management of T.". 1. Strategy formation”, written by a team of authors, is an important work for anyone interested in modern approaches to management and strategy development in business. In a rapidly changing market and global competition, understanding the fundamentals of strategic management becomes not only desirable, but vital for successful business. In the first part of this extensive edition, the authors immerse the reader in the world of strategic thinking, revealing key concepts and tools that help shape effective strategies. The book begins with a definition of strategic management, its role and importance in the management of organizations. The reader will learn how to correctly assess the internal and external factors influencing the choice of strategy, as well as how to use SWOT analysis to identify strengths and weaknesses, opportunities and threats. The topics raised in the book cover a wide range of issues, ranging from market analysis and the competitive environment to the development and implementation of strategies. The authors share practical examples that illustrate how theoretical concepts are applied in real life. This makes the material not only accessible, but also as practical as possible for readers seeking to apply the acquired knowledge in their professional activities. The book will be especially interesting for students and teachers of business schools, as well as practicing managers, entrepreneurs and anyone who wants to deepen their knowledge in the field of strategic management. It is suitable for readers of different ages and levels of training, from beginners to experienced professionals, as it presents both basic concepts and more complex approaches to the formation of strategy. The style of the authors is distinguished by clarity and logical presentation, which makes it easy to digest the material . They use a lot of illustrations, graphs and tables, which makes reading more exciting and visual. This approach helps the reader not only to understand the theory, but also to see how it works in practice. In addition, the team of authors includes experts in various fields, which provides a multifaceted view of the problem and allows to cover various aspects of strategic management. Readers interested in books such as Kim and Moborn's Blue Ocean Strategy or Michael Porter's Competition will find Strategic Management a lot of useful and inspiring. This book will be a great addition to the library of anyone who wants to be one step ahead in the world of business and management. In conclusion, “Strategic management of . 1. Strategy formation” is not just a textbook, but a real find for everyone who strives for success in their professional activities. It offers the reader not only theoretical knowledge, but also practical tools that will help to develop their own approach to the formation of strategy. If you want to learn how to think strategically and make informed decisions, this book will be your reliable assistant on the way to success.