This PPT slide, part of the 51-slide Complete Guide to Business Strategy Design PowerPoint presentation, outlines a framework for business strategy formulation, emphasizing the importance of assessing twelve key elements to evaluate the overall health of a strategy. It is structured into 4 main categories: Corporate Goals, Situation Diagnosis, Strategy Levers, and Action Plan. Each category contains specific components that guide organizations in defining and refining their strategic approach.

Under Corporate Goals, the elements include agreeing on the mission, vision, and values, setting 3-5 year goals, and communicating these goals effectively. This section stresses the foundational role of clear objectives in guiding strategic direction.

The Situation Diagnosis category focuses on understanding the market landscape. It includes defining the market or segment, assessing its attractiveness, and evaluating the competitive position within that segment. This analysis is crucial for identifying opportunities and threats that could impact strategic choices.

Moving to Strategy Levers, the slide highlights the need to review competitive options and make informed strategy choices. Documenting the strategy is also emphasized, ensuring that decisions are well-articulated and actionable.

Finally, the Action Plan category addresses the execution of the strategy. It includes ensuring communication and buy-in from stakeholders, assigning initiatives and projects, and setting targets to monitor progress. This structured approach not only facilitates strategic alignment, but also enhances accountability throughout the organization.

Overall, the slide serves as a practical guide for executives looking to audit their business strategy, ensuring that all critical elements are thoroughly evaluated for effective implementation.

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Consulting Frameworks Strategy Development Chief Strategy Officer