Your report should incorporate the following areas:
1. State the Vision and Mission statement of your organization. Suggest any changes in vision and/or mission statement if you deem necessary.
2. Conduct an Internal Analysis of your chosen organization to define its Strengths and Weaknesses. Provide any evidence where necessary.
3. Create the current market map of your chosen organization (i.e., map all the customer segments and geographies (market spaces) your organization serves with each of its existing products/services)
4. Choose a market space your chosen organization is present and conduct an External Analysis (i.e., identify trends related to PESTEL and PorterÂ’s Five Forces).
5. Define what the Strategic Priority should be for the market space you analyzed above (in other words, what Strengths your chosen organization can leverage, what Weaknesses it should try to minimize, what specific Opportunities or Threats it should address) and what initiatives should be put in place to address it.
Type of Organization
– If your organization is part of a larger international organization, you may consider only your country’s division. Avoid considering individual departments or sections of an organization as this will constrain you to deal with functional-level strategy only.
– If your organization is a government department, proceed with an analysis of that division, providing, it is a budgetary center. Dealing with a subdivision will constrain you to deal with functional-level strategy only.
– If your organization is an independent, not-for-profit entity, proceed according to the advice above.
Strategic Management Model
Environmental
Scanning:
Strategy
Formulation:
Strategy
Implementation:
Evaluation
and Control:
Gathering
Information
Developing
Long-range Plans
Putting Strategy
into Action
Monitoring
Performance
External:
Opportunities
and Threats
Natural
Environment:
Resources and
climate
Societal
Environment:
General forces
Task
Environment:
Mission
Reason for
existence
