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which method/s do you use to formulate the strategy?
- Define your goal (vision)
- Define your competitiveness (SWOT analysis) within the target market(s) relative to your competitors
- Define how to use the results of this analysis to reach your goal(s) - Strategy formulation
- Effectively commuicate your strategy to your management team and define the strategy' success factors and the performance measures for each of them
- Get your management team to draw thier plans to implement the strategy
- Implement the plans and evaluate your strategy using the success factors performance measures
- Review the strategy (not less than annually) and modefy if required
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