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Business Strategy: How Business Missions and Core Competencies Inform Strategic Planning

   

Added on  2023-04-03

19 Pages583 Words313 ViewsType: 313
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Business Strategy: How Business Missions and Core Competencies Inform Strategic Planning_1

Table of Content
●Introduction
●1.1 How business missions and core competencies
inform strategic planning while preparing strategic
plans.
●1.2 Factors considered when formulating strategic
plans.
●1.3 Effectiveness of techniques used when
developing strategic business plans.
●References
Business Strategy: How Business Missions and Core Competencies Inform Strategic Planning_2

INTRODUCTION
Business Strategy
●Action plan for any business;
●How a company will operate its activities;
●Include purpose, structure and functions.
Business Strategy: How Business Missions and Core Competencies Inform Strategic Planning_3

1.1 How business missions and core competencies
inform strategic planning while preparing
strategic plans.
●Strategic planning is an activity which defines the company's
strategy and resource allocation.
●Should know what is the current situation of their company.
●Has various elements which are included in it.
Business Strategy: How Business Missions and Core Competencies Inform Strategic Planning_4

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