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Strategic Analysis of the Business Environment Identifying Environmental Factors that Can Influence Organizational Operations |
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By: Vadim Kotelnikov, Founder, Ten3 Business e-Coach – Inspiration and Innovation Unlimited, 1000ventures.com, 1000advices.com
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"Tactics is knowing what to do when there's something to do. Strategy is knowing what to do when there's nothing to do." – Savielly Tartakover |
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Environmental Analysis Defined Environmental analysis is the study of the organizational environment to pinpoint environmental factors that can significantly influence organizational operations.1 Why Environmental Analysis? Environmental analysis will help you understand what is happening both inside and outside your organization and to increase the probability that the organizational strategies you develop will appropriately reflect your organizational environment. Three Levels of Organizational Environment In order to perform an environmental analysis, you must thoroughly understand how organizational environments are structured. For purposes of environmental analysis, you can divide the environment of your organization into three distinct levels: internal environment, operating environment, and general environment. SWOT Analysis: Questions To Answer Opportunities
7 Dimensions of Strategic Innovation The Strategic Innovation framework weaves together seven dimensions to produce a range of outcomes that drive growth. A company's Organizational Readiness may drive or inhibit its ability to act upon and implement new ideas and strategies, and to successfully manage operational, political, cultural and financial demands that will follow... More PlanningBy: Sun Tzu You can fight a war for a long time or you can make your nation strong. You can't do both When you are close to the enemy, you appear distant. Your will find a place where you can win. Don't pass it by... More
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Bibliography:
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"Modern Management", Ninth Edition, Samuel C. Certo
