Perspective strategy

Strategy Environmental
Gap analysis Strategic alternatives Strategic evaluation Strategic choice formulation (the seven
identification analysis
stages)

Visibility Is the existence

of the process
recognized within the
function? Procedure Carried out in
response to a
Formality Is the process Discrete strategy requirement for a
documented? formulation exercise strategic plan, or
the result of a
consultancy exercise
Involvement Who is Evaluating
involved in the process? manufacturing strategy
formulation processes Better interpreted
Participation within a descriptive
Communication Are the paradigm (the problem
result of the process Ongoing, evolutionary is that much descriptive
communicated strategy work has been in the for
effectively within the of retrospective case
function/to other histories. This biases the
functions? studies’ findings

Adequate resourcing Identification of the

Project Management
identify process

Clearly defined Evaluation of the

Point of Entry process
expectations

Note that this objective

Objective(s) ¿What is
is the objective of the
(are) the objective(s) of It is
process not that of the
the process? necessary to balance
resulting strategy
the requirements for
Formality/adaptability/
Discussion adaptability
Effectiveness in continuity
with those for visibility,
achieving the
participation and
objective(s)
continuity.

Process Management
Visibility and Participation and
How is the process
acceptance communication Once a process is
managed? Who
formally defined
manages the process?
then it can be followed
There through as a discrete
Adaptability Is the needs to be a clear view There needs to be wide exercise.
process robust enough of what the process involvement
to adapt to new involves throughout the strategy
requirements? and what type of results formulation process.
will be obtained There is obviously a
requirement for
Potential for error adaptability, and this
What methods are used may be thwarted by too
to reduce the potential great a degree of
errors? formality.