ANALYSIS
ANALYSIS
THE DETAILED EXAMINATION OF STRATEGIC PLANNING
ABOVE Data must be evaluated carefully.
WRITTEN BY MICHAEL LOPEZ
Strategic analysis is the process of conducting research in an organization and its operational environment in order to develop a strategy. From an academic or business perspective, strategic analysis has various definitions, but the process consists of several constant parts. First, there is evaluation and analysis of data.
Next, assessment happens for the internal and external environments. Several analytic methods, such as the SWOT Analysis and Porter's Five Forces Analysis, are also applied (CFI Team, 2022). Information gathered for strategic planning must be examined and organizational contexts determined. Analytical methods aid evaluation and planning.
"ANALYSIS IS THE CRITICAL STARTING POINT OF STRATEGIC THINKING" - KENICHI OHMAE ANALYSIS
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