In this article we will discuss about:- 1. Concept of Corporate Strategy Audit 2. Outline of Corporate Strategy Auditing Process 3. When to Conduct Strategy Audit 4. Reasons for Organising Strategy Audit Periodically. Concept of Corporate Strategy Audit: The core of strategy audit, for any corporate entity, lies on two important questions: (i) How well a strategy is working, and [...]
In this article we will discuss about the concept of gap analysis, explained with the help of suitable diagrams. In preparing the situation analysis and audit, a thoughtful forecast is usually made for sales or profits of current products as well as those that are to be added in the future. If the forecasts are not equal to the desired [...]
In this article we will discuss about the analysis of strategic factors used for making useful strategic identification which is needed for the success of a company. Strategic factors are those key issues that are strategically relevant and that will determine the success of any company in a particular industry and at a given stage in its life cycle. The [...]