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P. 1
o Strategy

o Strategy

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Published by ashishgiri

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Published by: ashishgiri on Aug 04, 2009
Copyright:Attribution Non-commercial

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07/25/2010

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Operations Strategyand Competitiveness
 
Developing a BusinessStrategy
A business strategy is developed after takinginto many factors and following somestrategic decisions such as;
What business in the company in (mission)
Analyzing and understanding the market(environmental scanning)
Identifying the companies strengths (corecompetencies)
 
Strategies
Plans for achieving organizational goals
Mission
The reason for existence for an organization
Mission Statement
Answers the question “What business are we in?”
Goals
Provide detail and scope of mission
Tactics
The methods and actions taken to accomplish strategies

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