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Evaluation, Development Process & Organisation of Strategies - Coggle…

- - - - Challenging to manage planning strategy
        
        CHAPTER 12 link
        
        How to determine suitability if not actually planned prior?
  - - - Challenging to determine suitability of long term strategy over time as threats will be contiually chaniging.
      - Stakeholder buy in - some may heavily support the idea, say with companies that offer incentives to employees to continually learn, however it is harder for external shareholders to guage long term benefit it the short term.
      - Provides flexibility as discussed in CHAPTER 14
- - - - Balanced score card analysis
        
        Customer perspective, internal management , products, skills and finances
      - Triple bottom line analysis
        
        Social, environmental aspects considerd in addition to finances
  - - - Acceptability
        
        Stakeholder agreement and buy in
      - Feasibility
        
        Resources and capabilities focused
        
        CHAPTER 14 Link
        
        Structures and ability to effectively implement a strategy, especially on global scale (p.448)
      - Suitability
        
        threats and opppotunities for organizations
        
        CHAPTER 13 link
        
        Emergent strategy developement (p.419)
        
        Allows for strategies to be more adaptable based on needs at the time