When to use Strategic Analysis Strategic planning is the process of developing a shared vision of your organization’s future and deciding upon the major steps you will take to move the organization in that direction. A strategic analysis is one of the key phases and requirements to the development of any strategic plan. The strategic planning process determines: (1) what your organization wants to achieve, usually expressed as strategic objectives and (2) how you will direct the … [Read more...] about Strategic Analysis and Planning
Strategic Analysis This is a term often used with an assumption that the people hearing it understand its meaning. Strategic Analysis is said to be: ‘… the process of conducting research on the business environment within which an organisation operates and on the organisation itself, in order to formulate strategy.’ BNET Business Dictionary What is meant by the term "strategic analysis" differs from academic to academic and business o business, however there are some common factors. These … [Read more...] about Strategic Analysis
What is a Strategic Analysis? A strategic analysis is an external review of what is happening in the environment in which your organization operates now, as well as short, medium and long term futures. It requires looking at several situations: What is happening now that may impact the organisation What might happen that could impact the organization What is the organizations response likely to be to change? How well prepared are the people in the organization to respond to … [Read more...] about What is a Strategic Analysis?