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