I. Framework: Internal and external.
Exactly where are we right now?
Essential questions for Strategic Framework:
What are the environmental opportunities and threats?
What are the organisation’s strengths and weaknesses?
What is the fundamental objective of the organisation?
How does culture form strategy?
II. Content: Strategic choices.
Precisely what is our approach to make things happen?
Essential questions for Strategic Choice:
How ought to business units contend?
Which businesses to include in the portfolio?
Where ought to the company remain competitive globally?
Is the organisation innovating properly?
III. Course of action: Development and implementation.
How do we want to make it realized?
Essential questions for Strategy Development & Implementation
Which strategies are applicable, appropriate and attainable?
What sort of strategy-making process is required?
What are the needed organisation structures and techniques?
How should the company cope with adequate changes?
Who ought to do what inside the strategy process?