Sunday 14 November 2010

Section 3 summary

To summarise section 3.

There is no one best way to define, design or implement strategy. Internal and external pressures vary from country to country, industry to industry and from public to private, and accordingly must be interpreted differently for different types of organisation.

There is a generic process of strategic analysis, choice and implementation which can be applied in all contexts.


Analysing:-
  • Assessing stakeholder expectations
  • Environmental analysis
  • Examining Resources and Strategic Capability
Choosing:-

  • Identifying options
  • Evaluating options
  • Selecting a strategy
Implementing:-
  • Culture and the managing of change
  • Organisational Structure
  • Management systems
(for more see p29u1s4)

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