Our Strategy crafting approach comprises the 7 steps as shown below:
Step1: Identify Stakeholder’s expectations and needs
Key deliverables
- Stakeholders mapping
- Stakeholders’ expectations
- A presentation/report involving the implications to the strategy
Step2: Analysis of the External Work Environment (PESTEL)
Key deliverables
- List of factors having high impact on the success or failure of the strategy
- A presentation/report involving the implications to the strategy according to the analysis of the external environment
Step3: Identifying Possible Scenarios
Key deliverables
- List of potential scenarios
- A presentation/report involving the implications to the strategy according to the analysis of scenarios
Step4: SWOT and TOWS Analysis
Key deliverables
- List of strengths, weaknesses opportunities and threats
- Cluster internal and external factors
- A presentation/report involving the possible strategic options:
- Identify strategies of strengths and opportunities S-O
- Identify strategies of weaknesses and opportunities W-O
- Identify strategies of strengths and threats S-T
- Identify strategies of weaknesses and threats W-T
- Defining implications on SGL strategy
Step5: Identification of Key Strategic Issues
Key deliverables
- List of key strategic issues/constraints
- Implications to the Strategy according to the analysis of major strategic issues
Step6: Strategic Option identification and Clustering
Key deliverables
- List of possible strategic options
Step7: Strategic options testing and strategy recommendation
Key deliverables
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Strategic Options Assessment
- Shortlisted Strategic Option (s)
- The Strategy Vision, Mission, Values and Strategic Objectives
- Alignment of the initiatives with its Strategic Objectives
