Strategic Business Plan: Techniques for Evaluation and Factors

This presentation provides a strategic analysis of a newly developed business plan, focusing on key elements such as vision, mission, goals, and objectives. It identifies factors that may impact the plan, including organizational structure, external and internal influences, stakeholders, and political and technological factors. The presentation also evaluates the effectiveness of techniques like the Boston Consulting Group portfolio matrix (analyzing dogs, question marks, stars, and cash cows) and the SPACE (Strategic Position and Action Evaluation) matrix, considering external factors (industry attractiveness and environmental stability) and internal factors (competitive advantage and financial strength). This resource is available on Desklib, where students can find a variety of solved assignments and study materials.

BUSINESS
STRATEGY

CONTENT
Business plan
Vision mission goals and objectives
Factor which may affect it
Techniques for evaluation

This presentation consist of strategic analysis of a newly
developed business plan by an individual. A representation
of all factors which may impact and assist in doings so are
given in this presentation.
INTRODUCTION

BUSINESS PLAN
The plan for business is as follows:
 Developing a website
 Acquisition of products through various sources
 Marketing of it through various mediums
 Providing customers with best services
 Reviewing the plan

1.1 Business missions, visions, objectives, goals & core
competencies
Strategic planning includes various elements which
helps in its proper operations. These elements
are:
 Mission
 Vision
 Objectives
 Goals
 Core Competencies

1.2 Factors that have to be considered when
formulating strategic plan
Factors which may affect formulation of strategic plan are:
 Organisation Structure
 External Factors
 Internal factors
 Stakeholders
 Political factors
 Technological factors

1.3 Effectiveness of techniques used while strategic
business plans
Two techniques are used:
 Boston Consulting Group portfolio matrix
 SPACE (Strategic Position and Action Evaluation
matrix)

CONT...
Boston Consulting Group portfolio matrix
 Dogs
 Question Mark
 Stars
 Cash Cows