Analysis of your financial statements,
Strategic Analysis – PESTEL, Porters 5 forces to analyse the external environment whole SWOT analysis can be used for corporate appraisal.
Strategic Choice – models like NPV, IRR and payback evaluation can be used to choose when strategic option to take.
Strategic Implementation – need to consider policies and strategies to implement for ALL areas of the business.
Strategy Evaluation and Control – measuring the performance against the objectives.
Strategy development and implementation.
Value creation chain improvement.