Elements of Strategic Process:
Steps in the Strategy Process and main components
Principle:
Process from identification to implementation of strategy
Issues:
KSF & CSF
Stakeholders interests
Does it create competitive advantage (add value) how is et measured
Can change be realized and sustained, competitor response
How to secure new capabilities – investment, organic innovation or M&A/SA/JV
Applications:
To create fit between organisational resources and targeted market + ability to sustain fit
Source of Strategic Process:
Henley Business School