– External • General Business Env., Env. Within the Industry, Competitors` activities • Political, Economical, Social, Technological, Legal, Environmental – Internal • Resources-Tangible, Intangible • Capabilities • Core Competencies Template for SM • Scanning Environment ( Assessment ) • Strategy Formulation – Strategic Intent – Strategic Assessment – Strategic Choice – Strategic Content • Strategy Implementation • Strategy Review, Control, feedback and Correction Airtel 4G handset ( feature phone )Subsidy Strategy • Today`The Economic Times Carried a news item right in the front page • Reliance tied up with Google for 4G handsets for 4G feature phones • Maket size of feature phones—400 million • Airtel is tapping vendors for making those phones for them either in Airtel brand or others brand names. • ( Assessment of external env. )