What is a SWOT Analysis? A SWOT analysis is a commonly used tool that helps organisations to understand their current situation, both internally and externally. The SWOT analysis helps…
What is Mission Statement? A Mission Statement is an integral component of a business’s strategic plan. A mission statement describes what business the organisation is in (and what it isn’t)…
How to Create a Mission Statement A mission statement describes what you do, for who, and how. Focusing on your mission each day should enable you to reach your vision.…
Creating the Strategy Model The creation of the strategy model is an integral part of the overall strategy creation process as shown in the diagram. The strategy model is created…
Refining the Emerging Strategy Once the strategic information has been analysed and the strategy model has been created it is time to review and refine it. This review is especially…
Analysing Strategic Data Strategy development is inherently complex so accepting this and managing the complexity creates a much more robust and effective strategic plan. The ‘strategy maps’ that are generated can often become…
What are Strategic Activities? Strategic activities are actions, projects and other activities that are designed to achieve specific outcomes and objectives. Each objective and goal should have a plan (made…
What is Strategic Planning? The future success of your organisation depends on effective strategic planning. Strategic planning is the process of establishing and documenting a direction of your organisation by…
What is a Strategic Objective? Strategic Objectives describes what the organisation want to achieve in the short to medium term and serve as stepping stones for attaining its Goals. Objectives…
What is a Strategy Map? Strategy mapping can vastly improve any strategy communication effort. A strategy map is a graphic that shows a logical, cause-and-effect connection between all of the…