Description of the four phases to define a strategy
Establish the Business Perspective
- The Strategic intent of the business
- and the intentions relevant to the Strategy Area and the strategy to be built
- The Business’ Objectives lead to
- Particularly those relevant to the Strategy Area and the strategy to be built
- The Business Strategies to attain the above Business Objectives
- The Value Chain, ie. Business Processes executed under these strategies
- The Critical Success Factors, required to successfully execute the strategies.
Establish the Actual ‘As Is’ Perspective
- The support required from the Strategy Area is derived from the Business Perspective.
- The actual support provided by the Strategy Area to the Business Strategies, Processes and CSFs.
- Support and related business practices regarded as Best Practice are researched.
Calculate the Gap
| Business’ requirements |
- Actual support by Strategy Area |
= Actual Gap |
| Best Practice |
- Actual support by Strategy Area |
= Best Practice Gap |
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= Total Gap |
Develop the Strategies
- The development of the strategies follows the definition, that a strategy is the way to attain an objective. In the present case the objectives are to close the gaps.