|
① |
Assess
changes in the environment
>>> |
|
② |
Evaluate your company's
competitive position:
resources,
→
core competencies,
→
corporate capabilities and
limitations |
|
③ |
Assess
expectations of stakeholders,
anyone who has an actual or potential stake in the business,
and define how the business will add value to its stakeholders |
|
④ |
Analyze your
→
competitors
industry, domestic economy, and international economies |
|
⑤ |
Formulate the corporate
→
vision, mission statement,
strategic intent,
→
goals
and policies for the master
strategy
>>> |
|
⑥ |
Formulate the
long-range strategy programs, mid-range programs and
short-run plans |
|
⑦ |
Develop an
industry roadmap that reflects migration patterns of the
major players and analyze company, competitors, industry, and
economy |
|
⑧ |
Develop capacity for
→
Change Management
‒ develop sensitivity to critical
environmental changes and assess changes in the environment |
|
⑨ |
Formulate internal organization
performance measurements |
|
⑩ |
Adjust organization, funding and other components to
implement the above elements |
|
⑪ |
Organize
information flow and
feedback system
for continuous repetition of all essential elements and for
adjustments and changes at each stage |
|
⑫ |
Reassess constantly,
review and evaluate all processes and past decisions |
