Академический Документы
Профессиональный Документы
Культура Документы
Strategy need not be an explicit exercise . A professional who goes about his job in
chosen way and manner and consistently winning customers with the valu e he delivers and expanding his business does have a strategy even if he hadnt thought about strategy or spent hours analyzing his competitors / industry.
Strategy exercise need not be an annual event or for that matter occupy ones
calendar periodically. As the situation demands or as foreseen, strategy exercise should kick start. In a happening industry / environment companies may be forced to relook at their strategy every six months. In a sedate or mature industry, strategy can even be a once in two or three year s affair. The determinant for the timing of strategy exercise is the ground situation (either real or forecasted) and not the calendar. However nothing stops periodic review of business strategy to confirm assumptions / choices made and that the performance is on desired lines .
Strategy may be, formally, formed at the top but the inputs for the same should
come from all interested sources from within and from all corners of a business / company. Feedback systems play a huge role in strategy formation.
New market
Strategic insights
+++