Objective: Develop strategic directions and choices.
- Setting Strategic Objectives
- SMART goals aligned with vision
- Strategic Options & Alternatives
- Growth, stability, retrenchment strategies
- Business-Level & Corporate-Level Strategies
- Differentiation, cost leadership, diversification
- Value Proposition & Competitive Advantage
- What makes the organization unique?
- Strategy Selection & Prioritization
- Decision-making frameworks
Activity: Develop strategic goals and choose best strategic option