Essay About Strategy Evaluation And Major Products

Environmental Scanning Questions only
Step 3: Environmental Scanning
How do we evaluate the scope of our operations and primary competitors?
What industry forces work for and against us? What strategic group are we in, and what are the mobility barriers?
Whom do we serve and who has a stake in our actions? What are their needs and requirements?
What major products and services do we provide these stakeholders?
How do we provide these products and services?
How can we improve these products and services?
Based on the above, do you think stakeholder support will remain about the same?
Based on the above, what is the scenario for the future?
Step 4: Strategy Evaluation
What business(es) should we be in to add shareholder value? What is our generic business strategy? How about our international strategy?
How do you evaluate this current strategy?
What really makes the difference between success and failure in our business? What are the industry key success factors?
Is the strategy consistent with the foregoing analysis?
Is the strategy consistent with desired risk, available resources, and timing?
Step 5: Administrative Considerations
What is the role of headquarters? How are we creating a “learning organization”?
How are our value-creating activities organized? How should we measure and re-organize these processes?
What kind of structure characterizes our organization?
In what ways and in what directions do our systems focus people’s attention and energy?
What are the guiding concepts or fundamental ideas around which we have built our organization?
What are the basic management characteristics in this organization?
Describe our approach to human resource management.
To what extent do the above structure, systems, and processes uniquely reinforce and support our strategy?
Can we change and transform the organization?
Step 6: Action Planning
Which activities will enhance our organization’s performance?
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