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22 views

Guidelines

Uploaded by

Alicia Feliciano
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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GUIDELINES: FINAL REQUIREMENT

1. Identification
The first step in strategic management is evaluating the company’s current direction. This often
includes understanding the company’s goal, mission and overall strategic direction. Assessing where
the company’s current process will help you achieve your goal.
2. Analysis
Once you understand the current process, you must analyze the details. What is working? What is
not working? What input from organizational stakeholders can you gather? This is the time to answer
any questions that will help solidify the necessary elements of the strategic plan. A SWOT analysis, or
identification of strengths, weaknesses, opportunities and threats, is a useful tool.
3. Formation
Once you have the information you need, it is time to create an action plan for reaching the goal.
Make sure the steps are clear, focused and directly related to the goal. Prepare easy-to-understand
implementation guidelines if the process or procedure will impact many people within the
organization.
4. Execution
Follow the steps outlined in your strategic plan. Make sure that all stakeholders are implementing the
plan as designed for maximum efficiency.
5. Evaluation
Evaluate the final product. Did you achieve your goal? Was the process implemented appropriately
company-wide? Based on your answers to these questions, you can reflect and revise as needed.

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