DESCRIPTION
Strategy is often a challenging topic. This Toolkit will help you in the development of your business strategy with some models such as:
*Common STEEP Factors
*Five Forces Questions
*5 Market Test
*Generic Strategies
*Competitor Analysis
*SWOT
*TOWS Analysis
*Grand Strategy Selection Matrix
*Grand Strategy Clusters
*Risks & Mitigations
This Strategy Toolkit is designed to provide a comprehensive framework for analyzing and developing your business strategy. It includes detailed instructions and templates for assessing common STEEP factors, enabling you to evaluate their impact on your industry. The toolkit also offers a structured approach to understanding the interrelationships between trends and forecasting future directions, ensuring you derive actionable insights.
The Five Forces analysis section allows you to score and weigh various industry factors, helping you determine their significance. By carefully considering each factor, you can gain a clearer understanding of your industry's attractiveness. The toolkit also includes a resource and capability assessment, guiding you to evaluate your firm's competitive strengths and weaknesses systematically.
The toolkit's TOWS analysis tool integrates internal strengths and weaknesses with external opportunities and threats, providing a broad spectrum of strategic options. This tool helps you map out potential strategies and analyze them in greater depth. The risk assessment matrix included in the toolkit enables you to evaluate threats to your strategic recommendations and outline appropriate mitigations, ensuring a robust and resilient strategy.
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Source: Best Practices in Strategy Frameworks Excel: Strategy Toolkit Excel (XLSX) Spreadsheet, Daniel M.
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