Formulation of Organizational strategies

Question 1

Environmental Analysis

Answer 1

1. external environment
   climate
   economy
   political
   legal
   competition
   media
   fashion
   technology
2. internal environment
   organizational culture
   profit and cash flow
   management
   human resource
   physical assets

Question 2

Internal factors

Answer 2

Pestel
1. P- government policy, political stability, corruption, tax policy, trade restriction, foreign trade policy,

2. E- economic growth, exchange rates, interest rates, inflation rates, disposiable income, unemployment rates
3. S- population growth rate, age distribtution, career atititudes, safety emphasis, health consiousness,- lifestyle attitudes, cultural barriers
4. T- technology incentives, level of innovation, automation, R and D activity, technological change and awareness
5. E- weather, climate, environmental policies, climate change, pressures from NGOS,
6. L- discrimination laws, antitrust laws, employment laws, consumer protection laws, copyright and patent laws, health and safety laws

Question 3

planning and implementing strategies

Answer 3

1. Diagnosis- swot analysis, & s framework, PESTEL framework
2. Design-VMOs, strategic mapping- changes, develop strategies, action plan, monitoring and evaluation plan
3. Deploy- plan of action and assign responsibilities
4. evaluate- monitoring system, evaluation system
5. enhance-review the strategies and implement, identify new areas of improvement and review plan of action.

Question 4

Layout of Strategic Plan Document

Answer 4

1. mission
2. vision
3. BAckground/ situational or environmental analysis
4. goals
5. Objectives
   6.strategies
6. plan of action
7. monitoring and evaluation plan.