Question

What to consider when analysing an organization's strategic development?

Answer 1

To determine your strategy, you must understand fully the internal and external environmental factors that affect you. With that understanding, you can identify your clear advantages and use these to be successful. From there, you can make informed choices and implement your strategy effectively.

So, strategy creation follows a three-stage process:

Analyzing the context in which you're operating.

Identifying strategic options.

Evaluating and selecting the best options