This is a sample Business Strategy for a fictitious company that you can reference throughout the business strategy process. < What is a Business Strategy?
“We usually think of a business strategy as some sort of aspirational market positioning statement. Doubtless that’s part of it. But I believe that the number one strategic strength is excellence in execution and systemic relationships (i.e., with everyone we come in contact with).” – Tom Peters “Strategy is the direction and scope of an [...]
Philip Selznick (1957) introduced the idea of matching the organization’s internal factors with external environmental circumstances. This core idea was developed into what we now call SWOT analysis. The diagram provides a SWOT analysis template. The SWOT analysis contains the following sections. Strengths are typically internal characteristics of your business that give it an advantage over your [...]